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Bartlett Naylor
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Bartlett Naylor is an expert on corporate governance, financial markets and shareholder rights. He was previously a consultant for Capital Strategies Consulting, the Director of the Office of Corporate Affairs for the Teamsters Union, and the Chief of Investigations for the U.S. Senate Banking Committee. Naylor has been quoted in The Wall Street Journal, The New York Times, The Washington Post, The Huffington Post, The Hill, The Washington Times, Dow Jones, among other media.

Entries by Bartlett Naylor

Would an Attorney General Loretta Lynch End 'Too Big to Jail'?

(0) Comments | Posted January 27, 2015 | 3:26 PM

This week the Senate enjoys an opportunity to secure a commitment that criminal mega-banks and their executives will be held to the same legal standards as smaller crooks.

On Jan. 28, 2015, the Senate Judiciary Committee opens two days of hearings to consider President Obama's nomination of Loretta Lynch...

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A Matter of 'National Security' (and Beer)

(0) Comments | Posted November 7, 2014 | 12:27 PM

Congress approved the Dodd-Frank Wall Street Reform Act in response to world financial calamity. Though delayed and diluted, the reform legislation has led to substantial improvements in consumer protections such as new requirements for regulation of swaps contracts. So those who seek to undo any of the popular...

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Decimate Wall Street

(1) Comments | Posted October 22, 2014 | 2:48 PM

The Roman army responded to desertion by randomly executing a tenth of those soldiers remaining. They called it decimation, derived from the word "tenth." This discipline, of course, prompted all soldiers to police against desertion so as to save their own skins.

New York Federal Reserve Bank President William Dudley...

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Bankrupt Gambling

(0) Comments | Posted October 15, 2014 | 11:51 AM

The bank gambling trade association and its regulators are giving each other high-fives over an agreement that supposedly makes it easier to bail out a failed mega-bank. Progress? If viewed from the vantage of an average taxpayer who finances bank bailouts, the progress is miniscule. And the circumstances that...

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Credit Suisse: Crime Without Punishment

(0) Comments | Posted October 14, 2014 | 11:38 AM

If punishment is meant to deter crime, then perhaps the reason Wall Street seems undeterred from committing crimes is the fact that it doesn't face punishment. Earlier this year, Credit Suisse pleaded guilty to a decades-long scheme to help Americans escape income taxes; but it has been a pain-free guilty...

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Does Carmen Segarra Explain Too Big to Jail?

(1) Comments | Posted October 9, 2014 | 6:12 PM

Nobody openly supports unequal justice.

When the Attorney General confided to Congress that some banks were too "large" to prosecute because it might cause systemic tremors, he was appropriately pilloried for declaring a "too big to jail" policy.

A recent disquieting episode sheds light on some of the interactions...

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Pay to Play: Reforming Municipal Finance

(0) Comments | Posted October 7, 2014 | 3:27 PM

Dr. Craig Holman contributed to this blog.

In addition to blowing up the world economy occasionally, Wall Street sometimes sets local fires as well. Consider Jefferson County, Alabama. Here, JP Morgan arranged finance deals to fix its sewer system that proved so expensive to the county that...

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Breaking Up (the Banks) May Not Be Quite So Hard to Do

(0) Comments | Posted August 20, 2014 | 3:40 PM

As America approaches the sixth anniversary of the 2008 financial crash, here's an encouraging thought: The mega-banks can be broken up. It's already in the law. Forty-one words of the 2,000-page Dodd Frank Wall Street Reform Act empower the regulators to take this step. To exercise this momentous power, the...

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Dodd-Frank at Four

(0) Comments | Posted July 17, 2014 | 12:03 PM

Dodd-Frank is four.

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law. As with human 4-year-olds, the party parents throw may be a little duller than on the first birthday, but the toddler now appreciates the present in the box more than the...

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Too Big to Jail Decisions Hide Behind Closed Doors

(1) Comments | Posted May 21, 2014 | 12:33 PM

For more than a decade, the Justice Department has increasingly relied on deals instead of courtrooms to address criminal corporate behavior. This record has been glaring with the large banks. And banking regulators are inevitably linked in this calculus.

In the weeks leading to the May 19 announcement of...

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The House Financial Services Services Committee

(0) Comments | Posted May 6, 2014 | 2:18 PM

If anyone wants to inspect firsthand the intersection of campaign contributions and legislation, they could take a field trip to the U.S. House of Representatives Financial Services Committee. Votes this week may be instructive. For accuracy, the House of Representatives really should rename it the House Financial Services Services Committee....

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A Conservative Executive Pay Plan

(0) Comments | Posted March 24, 2014 | 5:00 PM

Add House Republican tax leader Rep. Dave Camp (R-Mich) to those calling for sanity in executive pay scales.

On February 26 the chairman of the House Ways and Means Committee introduced a major overhaul of the tax code. One provision of his comprehensive package eliminates deductions for...

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Too Big to Jail Bank: I'm Sorry. Now Can I Go Back Out and Play?

(7) Comments | Posted March 29, 2013 | 1:44 PM

Standard Chartered Bank violated money-laundering laws. The fifth-largest British bank, and 41st largest in the world, laundered an awful lot of money (at least $250 billion, to be precise).

On Dec. 10, 2012, the U.S. government penalized it with a $327 million fine -- a paltry...

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Here's the Real Deal on the Volcker Rule

(2) Comments | Posted December 18, 2012 | 8:45 AM

There are 7,181 federally insured banks in the United States. After a new rule is implemented to stop banks from making risky trades, the business activities of 7,175 of these banks will remain essentially unchanged.

The Volcker Rule, among the most controversial aspects of the Dodd-Frank Wall...

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Wall Street's Top Cop?

(3) Comments | Posted December 4, 2012 | 4:06 PM

Any manager remotely associated with the demise of the nation's largest bank might seem an unlikely choice to head one of Wall Street's chief policing agencies. Yet Sallie Krawcheck, the woman who served as CFO of Citigroup in the run-up to the 2008 financial crash, is now on a short...

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Tower of Basel

(5) Comments | Posted October 20, 2012 | 7:22 PM

With a simple albeit ambitious decision, Wall Street regulators have a way to all but guarantee that there will be no more financial sector bailouts: require genuine "skin in the game" from bank owners.

On Monday, Oct. 22, federal banking regulators will close the public comment period for their proposed...

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Wall Street and the Cost of Forgetting

(9) Comments | Posted September 14, 2012 | 6:43 PM

Wall Street wants America to forget September 15, 2008.

That's because outside events of violence, few dates have signified more calamity than this fateful day. On that black Monday, Lehman Brothers Holdings Inc. declared bankruptcy. This legal action revealed the rotten core of the world's financial industry. Reckless...

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Bonus Boom, Bank Bust, Bailout. Repeat.

(17) Comments | Posted August 17, 2012 | 3:26 PM

It's not a fun time to be an American taxpayer. There's nothing quite like learning that CEOs from some of the biggest banks your hard-earned money helped bail out made more last year than their firms paid back to Uncle Sam.

A damning report just issued by...

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Shattering Glass

(6) Comments | Posted June 14, 2012 | 4:58 PM

Congress grills a JPMorgan Chase senior executive. The shape of banking policy hangs in the balance, as the national economy continues to reel from financial recklessness. The problems caused by the lack of regulation have never been more obvious.

A public that is disgusted by banker recklessness and fed up...

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