Corporate & Securities Law

Moral Hazard Explained: Okamoto's Fine Grain Account Of Market Failure
We've heard a lot about moral hazard recently. The coarse account is that we should worry about bailing out risk-takers lest they come to rely on bailouts in their future risk calculations...

Okamoto on Regulating Systemic Moral Hazard
After the Bailout: Regulating Systemic Moral Hazard, by Karl S. Okamoto, Drexel University College of Law, was recently posted on SSRN. Here is the abstract: How do we make our financial world safer? This Article offers a strategy for regulating...

Who Would Buy Systemic Risk Insurance from Citi
"Indeed, that is the precise moral hazard of the bailouts ? it is increasingly likely that we already have Systemic Risk Insurance. Only its not from Citi, its from Uncle Sam."

Mortgage restructuring and moral hazard
By Alan White Although moral hazard concerns for banks and securities investors went out the window with the various bailouts and government guarantee schemes, homeowners are not getting their debt written down, paid, insured or assumed by the Treasury...

Moral Hazard and Mortgage Modifications
Bring out the Vice Squad--we've got a Moral Hazard. Yup, some of the reluctant AGs have now expressed concerns over principal write-downs in a servicing fraud settlement because it might create...

Moral hazard datapoint of the day
In order to believe that there was a connection between moral hazard and the financial crisis, says Jim Surowiecki,

Mattel and Fisher-Price Toy Recall
Magnets and Lead Paint manufactured in China Create Poisoning and Health Hazard

Suffocation Hazard Prompts Recall of Play Yards with Bassinets
Dorel Play Yards with Bassinets Recalled due to Suffocation Hazard

Furnaces Recalled Due to Fire Hazard
Furnaces Recalled Due to Fire Hazard

GE Recalls 174,000 Dishwashers Due to Fire Hazard
GE Recalls 174,000 Dishwashers Due to Fire Hazard

DVD Players Recalled by Wal-Mart Due to Fire Hazard
DVD Players Recalled by Wal-Mart Due to Fire Hazard

Black & Decker Coffeemakers Recalled Due to Burn Hazard
Black & Decker Coffeemakers Recalled Due to Burn Hazard

OfficeMax Recalls Office Chairs Due to Fall Hazard
OfficeMax Recalls Office Chairs Due to Fall Hazard