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"Moral hazard" at banks isn't just a theoretical concern

According to Boston College's Patricia McCoy, data underscore concerns about the government's role in risk-taking at banks.
Data support the claim that too much government backing can incentivize banks to take more risks, says Boston College law professor Patricia McCoy.
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Could the Fed's new emergency bank lending program encourage risky behavior?

The Fed's new program may incentivize banks to take more risks, says analyst Joseph Wang.
The Fed's freshly created Bank Term Funding Program could reduce the incentives for banks to follow good practices, says analyst Joseph Wang.
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Congress faces a deluge in fixing flood insurance

Dec 15, 2017
The National Flood Insurance Program is set to expire on Dec. 22, in a year that's seen more than $100 billion in estimated damages.
A man walks through a flooded street as Hurricane Matthew passes through St. Augustine, Florida, on Oc. 7, 2016. The storm caused flooding in Virginia also.
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