Dodd Frank

The Complexity of the Simplicity Solution

Robert Teitelman | Posted 05.30.2012

Robert Teitelman

If JPMorgan Chase & Co.'s big ugly trade managed to escape the bank's internal risk management operation -- not to say regulators -- how would that have found its reflection in the bank's overall risk number? It's a rule: It's the stuff we don't know, or don't want to know, that tends to kill us.

It Pays To Be A CEO

AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 05.25.2012

NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...

Regulator Seeks Advice On Watering Down Volcker Rule

Reuters | Posted 05.25.2012

* US CFTC to examine hedging, market-making exemptions * Rule received new scrutiny since JPMorgan trading loss * Sheila...

Jason Linkins

GOP Senator Mocks Regulators He Sandbagged For JPMorgan Losses

HuffingtonPost.com | Jason Linkins | Posted 05.24.2012

Sen. Richard Shelby (R-Ala.) is shocked -- SHOCKED! -- that gambling is going on at JPMorgan, and that this gambling led to a multibillion-dollar loss...

The Rat Race to Regulate High Frequency Trading

John Bates | Posted 05.24.2012

John Bates

While it is true that HFTs have a vested interest in keeping market abuse to a minimum, it is not yet clear that their liquidity has been healthy enough to withstand the pressure of incoming regulations.

Wall Street Reform: Taking a Knife to a Gunfight

Sanjay Sanghoee | Posted 05.24.2012

Sanjay Sanghoee

If Congress is truly serious about banking reform, it needs more than just well-intentioned laws: it also needs the right people to enforce those laws, it needs to give those people the resources they require to do their job properly, and it needs to pay them decently.

D.M. Levine

"Outgunned"

HuffingtonPost.com | D.M. Levine | Posted 05.22.2012

Two of the most important financial regulators in the country have a message for Congress: We need more money. At a hearing before the Senate Bank...

Why Is Romney So Casual About the JPMorgan Chase $3 Billion Loss?

Marvin Meadors | Posted 05.21.2012

Marvin Meadors

Why place our bets on Romney when his election may open the door to a return of the days of excessive risk taking and taxpayer funded bailouts? Why spin the wheel again arguing that this time Wall Street will bet correctly?

Workers of the World Unite -- With Shareholders

Leo W. Gerard | Posted 05.21.2012

Leo W. Gerard

In the wake of Wall Street recklessness that caused economic collapse, Congress gave shareholders and citizens Dodd-Frank to help them constrain self-dealing corporate executives. The 99% Coalition and shareholders are working with those tools even as Republicans vow to take them away.

Hunter Stuart

WATCH: Major Romney Donor Accuses Obama Of Demonizing Wall Street

HuffingtonPost.com | Hunter Stuart | Posted 05.21.2012

Lewis Eisenberg, the Florida co-chairman of Mitt Romney's presidential campaign, told The Huffington Post on Wednesday, "In the current atmosphere, th...

Both Sides Now: Spitzer-Matalin on Chase Chastened & Bain Targeted

HuffPost Radio | Posted 05.20.2012

HuffPost Radio

2011-11-29-20111107bothsidesnow.jpgEliot & Mary debate how a bad bet in London -- shades of AIG! -- produced "told you sos" from those wanting a strong Volcker Rule. Is Regulation still evil? Then: the two debate opening partisan attacks on Bain and Debt.

Don't Get Fooled Again

Taylor Lincoln | Posted 05.18.2012

Taylor Lincoln

The JPMorgan episode may be the warning that Congress needs to return to its role of protecting the public rather than coddling the banks. But it also raises a question: How many times does a lesson have to be taught before it is learned?

Wall Street to Obama: Thanks for Saving Our Jobs and Bonuses, Now F*** Off

Miles Mogulescu | Posted 05.18.2012

Miles Mogulescu

Now that President Obama's views on gay marriage have "evolved," it's time for his views on Wall Street to likewise "evolve" and for Obama to forcefully campaign to break the stranglehold of Too Big To Fail banks on the economy.

The Dog That Didn't Bark: Obama on JPMorgan

Robert Reich | Posted 05.16.2012

Robert Reich

Obama does have a choice. He can assail Romney's character but he can also take on the system that allows private-equity managers, as well as Wall Street's biggest banks, to continue to make huge profits at the expense of average Americans.

What Makes You Madder: JPMorgan's Recklessness or the Fed's Cluelessness?

Jane White | Posted 05.16.2012

Jane White

We not only need to rein the banks in but we've got to delegate the responsibility for measuring household wealth -- and hopefully come up with ways to boost it -- to an agency that's more in touch with "the 99%."

Zach Carter

Obama's Quandry: Bashing Blundering Banks While Courting Wall Street Cash

HuffingtonPost.com | Zach Carter | Posted 05.16.2012

WASHINGTON -- President Barack Obama's response to JPMorgan Chase's spectacular trading failure underscores a persistent tension in his presidency -- ...

Banks Push For Trading Loophole, Would Allow For More Whale Fails

The Huffington Post | Mark Gongloff | Posted 05.15.2012

U.S. banks might act worried about how JPMorgan Chase's trading pratfall will lead to tighter regulations on their own risky bets, but they've already...

Ben Hallman

Early CFPB Reforms Disappoint Activists

HuffingtonPost.com | Ben Hallman | Posted 05.15.2012

When the framers of the national mortgage settlement agreed to let the deal expire in three-and-a-half years, it was with the assumption that the Cons...

Will JPMorgan's Loss Provide a Win for Wall Street Reform?

Barbara Roper | Posted 05.14.2012

Barbara Roper

While regulation comes with a significant price tag, those costs pale beside the losses that banks can incur when left to their own devices. Will regulators take the hint that the cost-benefit fight is one they can win?

JP Morgan's Loss Could Be America's Gain

Joseph A. Palermo | Posted 05.13.2012

Joseph A. Palermo

The public opprobrium directed at Wall Street throughout 2008 and 2009 met with no satisfactory reformist result. That leaves us with Occupy Wall Street as the only viable option of steering the nation off the course of permanent high unemployment, low wages, and a shredded social safety net.

Zach Carter

Barney Frank Lays Into House Republican On Jobs, Wall Street Reform

HuffingtonPost.com | Zach Carter | Posted 05.13.2012

WASHINGTON -- Rep. Barney Frank (D-Mass.) lit into Rep. Marsha Blackburn (R-Tenn.) on Sunday, when both appeared on ABC's "This Week." The show sta...

D.M. Levine

On Wall Street, Nothing Has Changed

HuffingtonPost.com | D.M. Levine | Posted 05.11.2012

If you thought Wall Street had learned its lesson four years after the global financial crisis, JPMorgan Chase's $2 billion trading debacle suggests y...

The Daily Szep -- Jamie Dimon Looking for Dodd-Frank

Paul Szep | Posted 05.11.2012

Paul Szep

2012-05-11-Dimon34.jpg

Mark Gongloff

3 Ways Dodd-Frank Could Have Saved JPMorgan $2 Billion

HuffingtonPost.com | Mark Gongloff | Posted 05.11.2012

Somebody throw some water on the irony meter because it's burning up: JPMorgan could have been spared the embarrassment and pain of its $2 billion tra...

Saving Face or Saving Lives? When Will Obama Lead?

Laurence J. Kotlikoff | Posted 05.10.2012

Laurence J. Kotlikoff

I'm running against President Obama as a candidate for the nomination of the Americans Elect platform. But I have deep respect for him as a person an...