PayThink

Let’s be cautious about scrapping the Camels rating system without fully understanding why it supposedly failed. Any human endeavor is prone to failure, as any system is subject to improvement.

The trend is decidedly away from shared roles and to a separation of the board from management.

Brown-Vitter is a welcome display of bipartisanship. But its proposed solution to “too big to fail,” equity capital, is only marginally effective in imposing discipline on management.

The FDIC's decision to fund its emergency needs by calling upon banks to prepay future premiums back in 2009 suggests that the line to the Treasury may never be used.

Reforming the housing finance system cannot and should not be rushed, especially since we lack basic information on the likely impact of the various proposed alternatives.

American Banker Magazine's recent article on the Small Business Administration's Karen Mills was quite a love-fest. Here's the other side of the story that would be good for the public to hear.

The United States needs a new, 21st-century model for identifying, monitoring and reporting risk at banks. The model must be forward-looking, not backward-looking as the Camels ratings are.

Credit Union Journal's Frank J. Diekmann discusses rare words, the other board issue, privacy and more.

Jim Hawk, president of IWS Group, explains why you should not let online self-service tools take away from the member interaction experience.

John Matonis explains why credit unions are rightly worried over Foreign Account Tax Compliance Act.