Statement by Secretary Geithner at the G-20 Finance Ministers and Central Bank Governors Meeting:
I am very pleased to be in the UK for the G-20 Finance Ministers and Central Bank Governors meeting. I want to compliment Chancellor Darling for his leadership and the excellent work of his staff in preparing for this...
Deputy Comptroller for Regulatory Policy Kevin J. Bailey testified today about the use of mark-to-market accounting before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the House Committee on Financial Services.
Secretary Geithner Statement in Advance of G-20 Finance Ministers and Central Bank Governors Meeting:
This week, the G-20 will meet in London amid a severe global economic downtown and ongoing stress in the world's financial markets.
The OCC today published a Community Developments Insights report that describes how banks and their partners in the community are working to dispose of foreclosed properties in creative ways that will preserve affordable housing opportunities and stabilize communities.
The world is suffering through the worst financial crisis since the 1930s, a crisis that has precipitated a sharp downturn in the global economy. Its fundamental causes remain in dispute. In my view, however, it is impossible to understand this crisis without reference to the global imbalances in trade and capital...
Senior financial supervisors from seven countries (collectively, the "Senior Supervisors Group") today issued a report that assesses how firms manage their credit default swap activities related to the settlement of credit derivatives transactions terminated by the occurrence of a credit event.