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Bank Tax

Report: Cyprus President Threatened To Resign

Reuters | Posted 03.25.2013 | Business

* Cyprus nearing Monday deadline to seal EU bailout * Faces banking collapse, possible euro zone exit * President said to threaten resignation i...

Ryan Grim

Top Republican's Bank Tax Bill Would Punish Grand Bargain-Backing CEOs

HuffingtonPost.com | Ryan Grim | Posted 01.29.2013 | Politics

WASHINGTON -- House Ways and Means Committee Chairman Dave Camp (R-Mich.) is considering legislation that would significantly increase taxes for the n...

Banks Still Adding Jobs In London, Despite Taxes

Bloomberg | Simon Clark, Ambereen Choudhury and Gavin Finch | Posted 05.25.2011 | Business

Investment banks in Europe's financial capital are adding jobs, helping to bolster headcounts at law and accounting firms across London, as the rest o...

What Exodus? Financiers Coming Back To London Despite Taxes

CNBC | Posted 05.25.2011 | Business

Speculation has swirled in recent months about a looming exodus from the City to less regulated business districts in Switzerland and Asia, particular...

Warren Buffet's Lobbied Against His Own Advice On Derivatives: Rolfe Winkler

Rolfe Winkler | Posted 05.25.2011 | Business

In the must-read letter obtained by Forbes, Buffett waxes philosophic on the dangers of derivatives. It's spot on correct. The kind of sensible advic...

Volcker Rule Could Wait Until 2022

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

With supporters and opponents of the much-debated financial reform bill emphasizing the urgency of the moment, one crucial component of the legislatio...

Leonhardt: Financial Reform Needs a Bank Tax

nytimes.com | DAVID LEONHARDT | Posted 05.25.2011 | Business

The financial regulation bill before the Senate has the potential to do a lot of good. But it also has at least one major flaw: it would not do enough...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Simon Johnson: The Consensus On Big Banks Shifts Around The World, But Not At Treasury

Baseline Scenario | Posted 05.25.2011 | Business

Attitudes towards big banks are changing around the world and across the political spectrum. ... Yet top Obama administration officials refuse to chan...

The 'Bank Tax' Gains New Popularity With World Leaders

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

What a difference a few months make. After months of deliberation, world leaders are inching toward a consensus on imposing some form of a tax on larg...

Shahien Nasiripour

Fed's Kocherlakota: Financial Reform Bill Can't End Bailouts Or 'Too Big To Fail'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Despite declarations from President Obama, his top aides and Democratic leadership that the pending financial reform bill in the Senate will forever e...

Another Wall Street Bonus Tax Falters In Congress

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

Few topics have generated as much political heat between Main Street and Wall Street as the billions of dollars in bonuses handed out at financial com...

Obama's Bank Fee Could End Up Costing Customers, Warns CBO

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011 | Business

For those concerned about restricted credit and a decrease in lending, don't expect Obama's proposed tax on America's biggest banks to help. In a let...

Could Bankers Turn the Tables on Obama in 2012?

Charles Gasparino | Posted 05.25.2011 | Politics
Charles Gasparino

For all the talk about Obama's grassroots fundraising prowess, it may have been Wall Street funds that gave him the edge in 2008. There are now signs that those funds may not be there for him in 2012.

Hank Paulson Blasts Volcker Rule, Says It Won't Solve The Problem

Times Online | Iain Dey | Posted 05.25.2011 | Business

in an interview with The Sunday Times, Paulson said that the plans to stop banks from betting their own capital on the financial markets would "not so...

'Robin Hood Tax' Campaign's Hilarious New Ad With Bill Nighy (VIDEO)

Posted 05.25.2011 | Business

A coalition of British organizations calling itself the Robin Hood Tax campaign is proposing a new tax on banks to fund global anti-poverty and anti-c...

Ryan Grim

Webb Wants Banker Tax As Amendment To Jobs Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Jim Webb (D-Va.), who rarely gets into battles he thinks he can't win, said on Friday that he'll push to include a windfall bonus tax as an amend...

Wall Street Democrats vs. the People

Jonathan Tasini | Posted 05.25.2011 | Politics
Jonathan Tasini

We don't have to wait to undo the Supreme Court decision with legislation. We, Democrats, can say now, we won't accept corporate PAC money, we won't accept the corrupting money that hurts the American people.

Bankers Support Global Bank Tax: Barclays, Deutsche Bank Execs Back 'Too-Big-To-Fail' Insurance Fund

Financial Times | Posted 05.25.2011 | Business

Some of the world's most prominent bankers have come out in favour of a global bank wind-down fund, a concession from the industry after weeks of figh...

There's More to Do on Financial Sector Tax

John Lipsky | Posted 05.25.2011 | Business
John Lipsky

Although the mood among delegates here in Davos is more upbeat than it was one year ago during the crisis, people still have concerns about the resilience of the economic recovery.

Weekly Audit: Just Who is Obama fighting for?

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

By Zach Carter, Media Consortium Blogger Progressives have waited a year for President Barack Obama to roll up his sleeves and fight for serious finan...

Sam Stein

Obama Turns To Populist Pitch To Reclaim Anti-Establishment Mantle

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

The White House and Congress Democrats are launching a major populist initiative in an effort to lead, rather than suffer from, the anti-Wall Street,...

Joseph Stiglitz Interview: 'We're More Strict With Our Poor Than With Our Banks'

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

During the economic turmoil of the last few years, Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has been one of the...

Obama Consumer Agency: President Steps Up Fight, Holds Private Meeting With Dodd

nytimes.com | JACKIE CALMES and SEWELL CHAN | Posted 05.25.2011 | Business

Mr. Obama personally weighed in on Tuesday in a one-on-one meeting at the White House with Senator Christopher J. Dodd, Democrat of Connecticut and ch...

Bank Tax Won't Stop "Doomsday Cycle": Simon Johnson

Financial Times | Posted 05.25.2011 | Business

The last few weeks of political developments around the American-European financial system make us feel like we are back in the USSR. During the final...