Volcker Rule

Volcker Rule

Paul Adolph Volcker (born September 5, 1927) is an American economist. He was the Chairman of the the Federal Reserve under United States America Presidents Jimmy Carter and Ronald Reagan.  Since February 2009, he has been Chairman of the Economic Recovery Advisory Board under President Barack Obama. He has an experience economist at Federal Reserve Bank of New York, Chase Manhattan Bank.  Treasury Department as director of financial analysis, and in 1963 he became deputy under-secretary for monetary affairs. He returned to Chase Manhattan Bank as vice president and director of planning in 1965.  Mr. Volcker served as under-secretary of the Treasury for international monetary affairs in 1969.

 The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world’s major industrial states in the mid 20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states in 1945. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value
He played an important role in the decisions leading to the U.S. suspension of gold convertibility in 1971, which resulted in the collapse of the Bretton Woods system.

 Glass–Steagall Act   Henry B. Steagall is legislative sponsors.   The Banking Act of 1933 was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation. Regulation Glass–Steagall law in banking and securities dealers to partition and crack down on risk operations to the Bank but was abolished in 1999.
 
 Financial Crisis  The repeal of the Glass–Steagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks and has been blamed by some for exacerbating the damage caused by the collapse of the subprime mortgage market that led to the Financial crisis of 2007–2010. Then Lehman shock caused financial insecurity for event rental or crunch. Government to regulate the bank capital to shareholders ‘ equity 8% without immediately stating that sales stop was also. To avoid financial crisis financial institution bankrupt too many 700 billion dollar tax was turned on tem.  
Volcker Rule Afterwards, Obama President Volcker rule imposition past regulation once again revived stricter content changes. Every bank can buy securities or shares stocks in the capital’s  within three percent only limited, And No more public funds will be use  also suffered from bankruptcy of any Banks of any future was declared by Prs. Obama in united states USA America.

グラススティーガル法では銀行業と証券業を区分し銀行に対するリスク業務を取り締まる規制を行ったが1999年に撤廃された。その後リーマンショックで金融不安が生じたため貸し渋りや貸しはがしが生じた。また政府も銀行のリスク資本を規制するために、自己資本が8%なければ即座に営業停止という内容だった。あまりにも倒産しそうな金融機関が多く金融不安を回避するために7000億ドルも税金が投入された。その後、オバマ大統領は、ボルカールールを発動し過去の規制をもう一度復活させより厳しい内容に変更した。銀行が自己資本で証券や株が買えるのは3%以内であり、今後一切銀行が倒産の危機に見舞われても公的資金は投入しないと断言した。

: Anhouse.co.jp.www.com
http://www.anhouse.movies.co.jp movie.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s