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Commodity Futures Modernization Act

The Congressional Blacklist

Judy Frankel | Posted 07.18.2016 | Politics
Judy Frankel

2016 will be different. First, more voters will be coming to the polls because of the Presidential election. Second, they will be better educated because there is now a blacklist of the most heinous vote-against-the-public, vote-for-the-funders offenders.

Scheer Intelligence: Thomas Frank and "The New Liberal"

Robert Scheer | Posted 03.20.2016 | Politics
Robert Scheer

Journalist Thomas Frank has written several books, as well as founded the magazine The Baffler. His newest book, Listen, Liberal: Or, Whatever Happened to the Party of the People? seeks to understand why Democrats have moved away from addressing inequality over the past few decades.

Bernie Sanders Has One Pro-Wall Street Vote

The Huffington Post | Zach Carter | Posted 10.09.2015 | Politics

Bernie Sanders' campaign message is built around a central theme -- wresting economic power away from Wall Street and returning it to working people. ...

Prediction: Hillary Will Bail Out Banks

Judy Frankel | Posted 07.12.2016 | Politics
Judy Frankel

On Monday, Hillary unveiled her economic agenda for strengthening the middle class. But looking at solutions like raising the minimum wage is only half the story. To evaluate the bigger picture, a review of Hillary's history with the banking industry is necessary.

Zach Carter

Wall Street's Political Payouts Higher For Those Voting To Deregulate | Zach Carter | Posted 04.04.2013 | Politics

WASHINGTON -- The recent Wall Street deregulation push in Congress has been fueled by a significant disparity in campaign donations from big banks: Me...

At Last, Some Decency on Wall Street

Robert Scheer | Posted 05.14.2012 | Politics
Robert Scheer

Clearly people comfortable in the Washington-Wall Street axis have no sense of shame. They know all too well what Goldman and the other financial swindlers have been up to, causing so much misery for tens of millions throughout the world.

Bill Clinton's Legacy of Denial

Robert Scheer | Posted 08.21.2011 | Politics
Robert Scheer

Bill Clinton's Newsweek cover story shows that the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.

Celebrating Ten Years of Derivatives Deregulation

Kevin Connor | Posted 05.25.2011 | Business
Kevin Connor

In the compromised state of our political system, individuals like Larry Summers and Lee Sachs are ascendant and corporations secure legislation on the strength of powerful friends and bottomless pockets.

Patrick Parkinson, Fed's Banking Regulator, Has A Record Of Deregulation

zero hedge | EB | Posted 05.25.2011 | Business


How to Regulate Derivatives: Barry Ritholtz

The Big Picture | Barry Ritholtz | Posted 05.25.2011 | Business

Any plan that seeks to reverse the unregulated wild west that derivatives have existed in since 2000 must have a simple beginning: Repeal the Commodit...

UBS Money Laundering: What Did Phil Gramm Know?

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Given the widespread involvement of UBS in what the Justice Department alleges were efforts to violate U.S. tax laws, it must be asked: Did Gramm have no inkling about what was going on?

Larry Summers: Brilliant Mind, Toxic Ideas

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

It was on Summers' watch that the credit-default swaps warhead that has blown up our economy was launched. It would be hard to make assumptions that turned out to be more wrong than his were.

A Nation of Village Idiots

James Moore | Posted 05.25.2011 | Business
James Moore

Don't let them tell you this economic meltdown is a complicated mess. It's not. Our national financial crisis is readily understood by anyone who has seen greed and hypocrisy.

AIG Executives Win Record Government Bailout: Next Stop, Disneyland

Deborah Senn | Posted 05.25.2011 | Business
Deborah Senn

Too often insurers create labyrinthine corporate structures to avoid oversight -- when the "non-insurance" holding company is the puppet-master for the entire corporate entity.

Fifty Chimpanzees or One Toothless Gorilla

Deborah Senn | Posted 05.25.2011 | Business
Deborah Senn

AIG's financial meltdown this past week was not the result of failed insurance regulation. (Go ahead. Read that one more time, real slow.)

McCain Econ Advisor Phil Gramm: Recession Starter

Lou Dubose | Posted 05.25.2011 | Home
Lou Dubose

Former Texas senator Phil Gramm is McCain's economic brain, and the current economic crisis is not the first one made possible by Gramm's sneaky commodity futures act of 2000.