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Entries by Simon Johnson from 01/2010

Paul Volcker Prevails

| Posted 01.21.2010 | Business

Will the White House have the courage of its convictions and really fight the big banks on size and risk?

Questions That Ben Bernanke Must Answer

| Posted 01.21.2010 | Politics

With President Obama having launched a major new initiative to rein in the power of our leading banks, key Senators rightly begin to wonder: Where does Bernanke stand on the central issue of the day?

Is the "Volcker Rule" More Than a Marketing Slogan?

| Posted 01.24.2010 | Business

After a tough argument, Paul Volcker appeared to have finally persuaded Obama that the unconditional bailouts of 2008-2009 planted the seeds for another major economic crisis. But how deep does this conversion go?

Bernanke's Reappointment: A Colossal Failure Of Governance

| Posted 01.28.2010 | Business

Have we really reached the situation where the Senate must bow down before financial markets and high-ranking executives who are really just talking their book?

Move Your Politicians

| Posted 01.31.2010 | Politics

How can politicians claim to be against Too Big To Fail banks when they actually have an account or a credit card or a mortgage at one such offender? Shouldn't state officials be held accountable for where they park the taxpayers' funds?