Featuring research published in April 2010
Progress Report on the Recovery
April 15, 2010
Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, comments on the economy to the Rotary Club in Pensacola, Fla.
Too Big to Fail After FDICA
This reprint of a 1993 article outlines what Congress intended the Federal Deposit Insurance Corporation Improvement Act of 1991 to accomplish. A new preface discusses FDICIA's successes and failures as well as research calling for clearer policies to deal with the problem of "too big to fail" banks.
Too Big to Fail: No Simple Solutions
Notes From the Vault
This article examines "too big to fail" policies, proposed solutions, and stumbling blocks to the true elimination of too big to fail policies.
Financial Literacy and Subprime Mortgage Delinquency: Evidence from a Survey Matched to Administrative Data
Working Paper 2010-10
Studying data derived from a sample of subprime mortgage borrowers, the authors raise the possibility that limitations in some borrowers' financial literacy contributed to the subprime mortgage crisis.
Redesigning the $100 Note (MP3 6:55)
Financial Update Focus
Brian Thompson, a banknote designer at the U.S. Bureau of Engraving and Printing, discusses the redesigned $100 note and the art of currency design.
Mobile Payments and Banking (MP3 15:26)
Payments Spotlight Podcasts
Mark Budnitz, a professor in Georgia State University's college of law, discusses the challenges and opportunities that mobile payments hold for banking.