Randal Quarles Archives - The Industry Spread

Warren Says Financial History Repeating Itself

November 16, 2018

This market looks a lot like the sub-prime mortgage market looked pre-2008. The loans are badly underwritten, with minimal protections, like sub-prime mortgages, these loans are being packaged up and sold to investors as collateralized loan obligations, or CLOs, which spread the risk throughout the system

Fed Head of Oversight Visits Capitol Hill

November 15, 2018

Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of the House Financial Services Committee in his bi-annual testimony on November 14, 2018.