By my estimates the lower-middle class is being systemically priced out of American health care.
An institution designated as systemically significant, or "crucial, " would be marked as too big to fail.
Second, systemically significant institutions would suddenly have an unfair competitive edge that would warp the market.
If the government deems a firm not "systemically important, " Mr. Singer forecasts, it could spell its doom.
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Critics, including James L. Gibson and Gregory A. Caldeira, have charged that these studies systemically overestimate political ignorance.
Many have collapsed as businesses, but even the big ones are systemically unimportant.
Nothing they did addressed the spiraling tuition rates, or the systemically predatory underpinnings of the system that enabled this inflation.
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That would be better, they think, than a system based solely on the micromanagement of individual institutions deemed systemically significant.
Working like a spy is about systemically identifying the behaviors and traits that decision makers respond to positively and applying them.
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It has spread to larger and more systemically important countries such as Spain and Italy and required increasingly bigger policy responses.
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Under most circumstances, a regulatory proposal that was unnecessary, harmful to the economy or systemically risky, would be dismissed out of hand.
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For starters, because the definition of a systemically significant institution is highly dependent on context, it's impossible to identify one in advance.
The unregulated part of the finance sector will become more important systemically, something the authorities may regret when the next crisis comes along.
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And that has heightened the biggest concern of all: that banks are so systemically important that they cannot be allowed to go under.
In a press release today the regulator detailed capital and liquidity requirements of large bank holding companies and systemically important non-bank financial firms.
The Dodd-Frank Act established a Financial Stability Oversight Council (FSOC), chaired by the secretary of the Treasury, in order to identify systemically important institutions.
As part of any larger reform, the Congress should consider granting the Federal Reserve explicit oversight authority for systemically important payment and settlement systems.
It still takes the right generation with the right cultural traits and the right environmental circumstances to really embrace the concept and adopt it systemically.
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Systemically accountancy and auditing individually and in combination failed in 2008.
America is now prepared to countenance regulation of systemically important ones.
In part, the fund argues, this was because they were not thought to be systemically important, in the sense that banks were understood to be.
The second stage will deal the most systemically important institutions and how the Fed plans to adapt global banking requirements for them under Basel III.
The one-size-fits all proposal is surprising because the higher capital requirements were sparked by the financial crisis when big, systemically important banks were on the bring of failure.
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If it and other systemically dangerous institutions continue to engage in hedginess, it is only a matter of time before we'll get a replay of the financial crisis.
During part of his response he spoke about shielding smaller, community banks from some of the more stringent requirements designed to rein in risk-taking at systemically important institutions.
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The markets will understand that a loan to a systemically significant institution will carry less risk than a loan to an institution that does not have this status.
With ABN Amro still in government hands after it was nationalised in 2009, the nationalisation of SNS Reaal means two of the Netherlands' four systemically important banks are state-owned.
Republicans have justifiably worried that designating any firm as systemically important would encourage markets to assume it is too big to fail, making it cheaper for the firm to borrow.
To curb risks to the financial system, Mr Dodd would create a Financial Stability Oversight Council composed of regulatory chiefs who can designate any big financial firm as systemically important.
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