The Drawing Board :: Three Tier Proposal

[cooketnet]

Thanks for letting us in on your thoughts and research!

The idea is generally good.

The more an institution has benefited from the system, as evidenced by its size, the more it owes to the system. A greatly benefited institution can help repay society by providing greater stability, among other things.

[3bob1977]

hello

[Anntink]

But why is the New York bank granted special privileges? It gets to vote at every meeting but the others have to take turns? Thats not fair!

[mrcool011]

The Most regulated institutions were the ones in the MOST trouble...the Fed and government are not capable of monitoring them! Hell they always jump into bed with them and PROTECT THEM INSTEAD, which is why were in the mess! Simple solution, let the market sort this out and the morons will fail and people will learn from that and not make the same mistakes! But no the Fed wants to get more involved and do create another mess and on top of that low growth!

[s3tt4h]

Systemically Important Institutions?

Tier One: Fines category. We know present day-fines do no serve as a good enough deterrent for abhorrent/repugnant corporate behavior: Corruption of persons n charge goes under-punished. Often individuals are not named when a corporation is fined-it does not even acknowledge wrong. This presentation is flawed also, by failure to regulate individual offenders.

Tier 2&3: Marred by failure to regulate individual offenders. Shows forth as weakness imo.

[BadAzVLo]

You guys are doing a good service by putting out this information.

[fbargar]

This relates DIRECTLY TO INDIVIDUALS in that when these instutions go down, we are the one's they take with them. You might not see in your pocket book the next day, but you will. Just like now. Just a thought

[voyeurdug]

This is great, also easy to understand.

However, little of it relates DIRECTLY to individuals with only minor, personal investments.

Hope you (Cleveland Fed) are ALSO providing this or something similar - or speaker(s), spokespersons - to public media in Cleveland.