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Financial Market

Wall Street Sees Biggest 2-Day Gain Since Financial Crisis

Reuters | Annum Masroor | Posted 08.28.2015 | Business

By Noel Randewich Aug 27 (Reuters) - Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a Septe...

Wall Street's Rap Sheet Tells a Harrowing Story

Anthony W. Orlando | Posted 11.06.2013 | Politics
Anthony W. Orlando

In recent years, we have developed an unhealthy habit of blaming the borrower, but there are two parties in every financial contract -- and the lender is almost always the more experienced, more sophisticated, and more powerful of the two.

SEC After Freddie, Fannie Mae Executives

The Washington Post | Zachary A. Goldfarb and David S. Hilzenrath | Posted 05.25.2011 | Business

The Securities and Exchange Commission is moving toward charging former and current Fannie Mae and Freddie Mac executives with violations related to t...

Opening Night in Chicago: Senator Durbin Denounces Unfairness; Calls for Reform

Rob Johnson | Posted 05.25.2011 | Business
Rob Johnson

The question most asked here is "how long can this go on? Bailouts for the ones who created the mess, bankers acting like they earned it, and Congress pretending to reform the system.

Whistling Past the Economic Graveyard: The Audacity of Misplaced Hope

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

The latest stock market bubble has undermined the urgent push for reform, which seems to have given way in Washington to a push to move on to other things and leave that little financial kerfuffle behind us. It puts a whole other spin on the audacity of hope. READ MORE Mission Shrink: We've Gone From Saving Wall Street in Order to Save Main Street to Just Saving Wall Street The problem continues to be the administration's habit of conflating the health of the Wall Street economy with the health of the real economy -- when, in fact, the two economies have become decoupled. READ MORE WATCH: Arianna Discusses Events in Iran, Obama's Agenda on Larry King Live WATCH: Arianna Discusses America's Response to Iran on The Situation Room

Bush Proposals Seen As Too Little, Too Late

Los Angeles Times | Peter G. Gosselin, Maura Reynolds | Posted 05.25.2011 | Business

Amid new signs of financial turmoil, the Bush administration Thursday raised the prospect of tighter regulation of U.S. financial markets. But it once...