Global Strategic Finance Initiative: Press

The G20 Through Beer Goggles | Public Radio International

Cecille Isidro — Mon, 28 Sep 2009 13:56:00 -0400

"Trade is the, if not the elephant in the room, certainly some animal as yet to be defined that's in the room," said Douglas Rediker. ...

Financial Regulation | BusinessWeek

Erin Drankoski — Mon, 21 Sep 2009 09:21:00 -0400

"Had the world economy collapsed, and there was a reason to believe it could have, the leaders of this country and others may have been forced to take hugely dramatic steps," says Douglas Rediker, a former investment banker now running the New America Foundation's Global Strategic Finance Initiative. ... Original Article

Wall Street Still Central to Global Economy | Public Radio International

Erin Drankoski — Tue, 15 Sep 2009 14:43:00 -0400

Lessons from Lehman's Failure | BusinessWeek

Erin Drankoski — Thu, 10 Sep 2009 12:06:00 -0400

"Any argument that Lehman's collapse served the positive purpose of letting the world financial system participants know there was a risk to be had, that message lasted 24 hours," said Doug Rediker, Director of New America Foundation's Global Strategic Finance Initiative and former Lehman Brothers investment banker. "We may now have the inverse message: There are banks that are too big to fail."... Original Article

Fading of the Dollar's Dominance | Washington Post

Cecille Isidro — Tue, 23 Jun 2009 16:10:00 -0400

"The dollar may very well see periods of strength in the weeks and months ahead," said Douglas Rediker, director of the Global Strategic Finance Initiative at the New America Foundation. "But in the long run, I think it is clear that it will lose some of its hegemonic status." Original article

President Obama Wants New Rules for Wall Street | KCRW

Cecille Isidro — Thu, 18 Jun 2009 14:51:00 -0400

One Goal of Obama's 'Sweeping Overhaul': Prevent Another AIG | Christian Science Monitor

Cecille Isidro — Wed, 17 Jun 2009 18:39:00 -0400

“There's a delicate balancing act that the administration is trying to navigate through,” says Doug Rediker, a former investment banker now at the New America Foundation. Businesses, including banks, naturally want to keep growing. ...

Will Obama's Financial Regulatory Plan Work? | Christian Science Monitor

Cecille Isidro — Wed, 17 Jun 2009 15:54:00 -0400

“They have tried to achieve very ambitious goals within the framework of what is realistic,” says Doug Rediker, a former investment banker now at the New America Foundation in Washington. The economic crisis creates a window in which Congress may be ...

Would the New Rules Have Prevented The Economic Collapse? | WTOP

Cecille Isidro — Wed, 17 Jun 2009 10:42:00 -0400

Douglas Rediker, Director, Global Strategic Finance Initiative at the New America Foundation discusses President Obama's financial regulatory plan and his proposed reforms for the Federal Reserve. Link to audio

G-20: Big Role for a Low-Profile Regulator | BusinessWeek

Cecille Isidro — Thu, 02 Apr 2009 23:17:00 -0400

"It is much more serious than we anticipated," said Douglas Rediker, director of the global strategic finance initiative at the New America Foundation in Washington. Gary Hufbauer of the Peterson Institute for International Economics said the ...

A Lever to Move the World | CQ Weekly

Cecille Isidro — Sun, 29 Mar 2009 13:14:00 -0400

“When it comes to a country like Hungary or a country like Ukraine, in particular, the IMF support has been enormously crucial,” said Douglas Rediker, director of the Global Strategic Finance Initiative at the centrist New America Foundation. “They have acted surprisingly quickly and with surprising flexibility to stave off what

Meltdown 101: Will China Global Currency Idea Fly? | Associated Press

Cecille Isidro — Tue, 24 Mar 2009 17:01:00 -0400

But Doug Rediker, an international finance expert at the New America Foundation, noted that euro-denominated bonds are issued by numerous European governments, rather than a central authority, and some of those governments are not as reliable a credit ...

Spending Question Divides US, Europe | The Associated Press

Cecille Isidro — Mon, 23 Mar 2009 09:56:00 -0400

... systems so its always hard to say that one is spending more than the other because there are fundamentally real differences," said Douglas Rediker, head of the Global Strategic Finance Initiative at the New America Foundation in Washington DC. ...

So What's A Toxic Asset? | CBS News

Cecille Isidro — Mon, 23 Mar 2009 09:40:00 -0400

"Toxic assets are the ones that nobody wants to touch because they're just considered too dangerous," Doug Rediker, of New America Foundation, told CBS News. Normally banks can sell their healthy assets, such as a borrower's timely paid mortgage, ...

A Plan To Purge Banks' Toxic Assets | CBS News

Cecille Isidro — Sun, 22 Mar 2009 21:01:00 -0400

"It's generally complex securities that are simply so complicated that nobody really knows what they're worth," says Doug Rediker, of the New America Foundation. The government is calling it the "public-private" investment program. ...

Global Mess Gives Birth to New Era | Financial Post

Cecille Isidro — Sat, 14 Mar 2009 10:23:00 -0400

But the United States doesn't appear to recognize how much anger and blame is being cast its way," says Douglas Rediker, a former investment banker who is now director of the Global Strategic Finance Initiative at the New America Foundation in ...

Nature of Citi Stake Debatable | Financial Times

Cecille Isidro — Fri, 27 Feb 2009 13:30:00 -0500

“It is an evolutionary step in the right direction, but as many analysts are pointing out, the fear remains that more steps will be required in the future,” said Douglas Rediker at the New America Foundation, a public policy institute.

Kerry Shakes Things Up at the SFRC | Foreign Policy

Cecille Isidro — Thu, 12 Feb 2009 19:12:00 -0500

Kerry's committee has also hired international financial expert Heidi Crebo-Rediker from the New America Foundation to head up a new SFRC focus on ...

Foreign Policy Implications of the Financial Crisis

Communications — Wed, 11 Feb 2009 17:01:00 -0500

Washington DC -- Douglas Rediker, director of New America Foundation's Global Strategic Finance Initiative, testified before the U.S. Senate Committee on Foreign Relations today on the foreign policy implications of the financial crisis.

Sovereign Funds Not So Scary Now | The National Journal

Cecille Isidro — Sat, 13 Dec 2008 10:23:00 -0500

One would be "hard-pressed to find a senator or congressman who wants to convene a hearing right now to make it harder for foreign capital to invest in the United States. There are bigger issues going on with the financial sector," said Doug Rediker, co-director of the Global Strategic Finance Initiative at the New America Foundation. Original article (subscription required)