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Dodd Frank Act

Goldman Backlash Good News For Volcker Rule

Reuters | Posted 05.15.2012 | Business

* Departing exec's editorial calls out treatment of clients * Reform advocates say shows need for tough Volcker rule * S...

Still Waiting On That CEO Pay Rule, Guys

The Huffington Post | Alexander Eichler | Posted 03.14.2012 | Business

You know your boss makes more than you. But do you know how much more? The architects of the Dodd-Frank act would like you to know. That's why they...

So About That Socialism Thing...

The Huffington Post | Alexander Eichler | Posted 03.07.2012 | Business

Tired of giving business to big banks? Maybe you can become the state's customer instead. More U.S. states are exploring the possibility of establi...

Banks and Congress Grapple With Stubborn, Stupid Facts

Michael Winship | Posted 05.07.2012 | Politics
Michael Winship

Witness the resistance to facts on the part of banking institutions and certain members of the congressional leadership, despite regulations demanding that they allow facts and figures to be reported, information that could keep us from the edge of yet another economic meltdown.

Too Big to Fail and the Volcker Rule

Ted Kaufman | Posted 05.05.2012 | Politics
Ted Kaufman

Universal agreement on a goal -- no possibility of a future bank bailout -- doesn't necessarily mean that goal will be achieved. Our major banks are still too big to fail.

Marcus Baram

Dodd-Frank Rule Vote Delayed Again | Marcus Baram | Posted 02.22.2012 | Business

In what is becoming a troubling pattern, financial regulators have yet again delayed a vote on a crucial provision of the Dodd-Frank Act. The Commo...

Ex-SEC Commissioner On Dodd-Frank: 'This Is Not A Recipe For Strong Regulation'

The Huffington Post | Bonnie Kavoussi | Posted 02.22.2012 | Business

Dodd-Frank isn't stopping this baby from going under once again. That's according to at least one former commissioner of the Securities and Exchan...

With Trillions On the Table Nobody Plays Fair, and Everyone Plays for Keeps

Janet Tavakoli | Posted 04.22.2012 | Business
Janet Tavakoli

Since 2008, we've seen example after stunning international example of no-strings-attached socialization of losses and privatization of gains. Nothing has changed for the better, because big money interests like it this way.

Fed Official's Relationship Status: It's Complicated With The Volcker Rule

Reuters | Posted 04.17.2012 | Business

* Fed bank supervisor says rule presents big challenge * Telling market making from prop. trading may be hardest * 17,00...

Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012 | Business
Dennis M. Kelleher

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

Mark Gongloff

Wall Street Fears Volcker Rule Will Force Testosterone Monitoring | Mark Gongloff | Posted 02.13.2012 | Business

It will hurt big banks and small banks, foreign banks and domestic banks, state and local governments, big corporations and the poor. It may well make...

Protect Taxpayers Now With a Strong Volcker Rule

Dennis M. Kelleher | Posted 04.14.2012 | Business
Dennis M. Kelleher

The argument for the Volcker Rule is obvious -- we shouldn't allow risky bets that pay enormous bonuses to bankers if they work, but stick taxpayers with the bill if they fail.

Taibbi: Why Wall Street Should Stop Whining

Rolling Stone | Matt Taibbi | Posted 02.09.2012 | Business

Everybody on Wall Street is talking about the new piece by New York magazine’s Gabriel Sherman, entitled "The End of Wall Street as They Knew It." ...

A Glaring Omission in the Senate's Insider Trading Bill: Fair Disclosure

Dana Radcliffe | Posted 04.07.2012 | Politics
Dana Radcliffe

Why should members of Congress and other federal insiders be excepted from the same demand for fair disclosure the government has imposed on corporate officials?

Tim Geithner: 'No Credible Evidence' Dodd-Frank Act Hurting Economy

The Huffington Post | Bonnie Kavoussi | Posted 02.03.2012 | Business

In many ways, it's too early to pass many judgments on Dodd-Frank. U.S. financial regulators said in a report released on Thursday that it is still...

Marcus Baram

Industry Pressure On Dodd-Frank Slows Progress On New Rules | Marcus Baram | Posted 02.02.2012 | Business

It's been more than a year and a half since President Barack Obama signed the Dodd-Frank Act into law, promising that the new financial regulations "d...

CFTC's Message to Municipalities: Caveat Emptor

Barbara Roper | Posted 03.27.2012 | Business
Barbara Roper

In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.

Loren Berlin

Report: Proposed Down Payment Rules Could Limit Minorities' Access to Affordable Homebuying | Loren Berlin | Posted 01.18.2012 | Business

Nearly three-quarters of African-American and Latino mortgage borrowers could be excluded from affordable homeownership if federal regulators approve ...

Handcuffs and Prison Sentences for Bankers Next Time

Dennis M. Kelleher | Posted 03.07.2012 | Business
Dennis M. Kelleher

The backlash after the next financial calamity will make the Dodd-Frank Act look so mild that many will wonder if it was written by bankers themselves. Handcuffs and prison sentences will not likely be in short supply next time.

Whistleblowers Earn Record Amount Of Money In 2011

Reuters | Aruna Viswanatha | Posted 03.08.2012 | Business

* Cases relate to False Claims Act * Numbers boosted by Glaxo whistleblower payout * Record numbers expected to attract ...

Wall Street's Reduced Profitability Shows Regulations Are Working

The New York Times | Posted 12.28.2011 | Business

Wall Street reported nearly $3 billion in losses in the third quarter of 2011, reducing profits through September to $9.6 billion, which was well belo...

Fed Says It Will Give Public More Time To Weigh In On Volcker Rule UPDATE

The Huffington Post | Alexander Eichler | Posted 12.23.2011 | Business

Regulators are giving interested parties more time to weigh in on a major and controversial provision of financial reform legislation, even as a choru...

Fed Rules For Bank Oversight Expected This Week

Posted 12.19.2011 | Business

WASHINGTON (Reuters) - The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest bank...

American CEOs Netted Huge Pay Raises Last Year

Posted 12.16.2011 | Business

While the incomes of so many Americans remain the same size or get smaller, corporate chiefs can't say they're suffering in quite the same way. Am...

The Remarkable Political Stupidity of the Street

Robert Reich | Posted 02.08.2012 | Politics
Robert Reich

Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it's busily shredding new regulations and making the public more distrustful than ever.