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In this issue:

  • Upfront: Unemployment Benefits: Help or Hindrance?
  • Rules and Regulations: How the Details Take Shape
  • Early Warning: Introducing the Cleveland Financial Stress Index
  • How to Build a Bad Bank… For the Greater Good
  • Keeping Banks Strong: Conference on Countercyclical Capital Requirements
  • Slowing Speculation: A Proposal to Lessen Undesirable Housing Transactions
  • Interview with Charles Calomiris
  • Book Review: All the Devils Are Here