An anemic state economy, deadbeat government and lackluster business climate have left some Illinoisans asking themselves, "Could the...
Absent Glass-Steagall, banks could purchase anything from an aluminum company to a fast food franchise and (indirectly) fund its acquisitions and operations with federally-subsidized deposits. If you run an independent aluminum company or fast food franchise do you want to have to compete with a federally-subsidized rival?
The fear that deficits and mounting debt will suffocate economic recovery and impede healthy growth has been tested over the last several years, and the results are not just unimpressive -- but painful when one looks at unemployment levels.
The ball is in the EU's court to show just how much international financial coordination will be a race to the top, or to the bottom.
The Federal Reserve Bank's Policies of Quantitative Easing and providing banks with unlimited, unconditioned, and practically interest free funding from its Open Window Facility and favorable discount rates have failed to create jobs and revenues, and stimulate the economy in proportion to need.
The pope points out that in ideologies that are grounded in the drive for power and for possessions a rejection of both God and others and an attitude that considers ethics as a nuisance.
The share of doctors willing to accept new Medicaid patients varies widely across the 50 states, according to a recent study from the National Cente...
As rumors of infighting continue to plague the Grand Old Party, the Illinois Republican State Central Committee faces no small task as it meets in Springfield this weekend to select a new leader.
The TTIP includes measures aimed at promoting "regulatory coherence" in ways that reduce duplication and inconsistencies in US and EU regulatory approaches.
Early 2013 saw one of the most productive one hundred days in Mexican political history and a burst of international press hype. Now, with Congress out of session, Mexico lies in wait.
This is little more than a brazen attempt to bully U.S. regulators into delaying and weakening U.S. rules, which, as Senator Elizabeth Warren has pointed out, must not happen.
This past Monday President Obama and European officials formally announced the beginning of negotiations of the Transatlantic Trade and Investment Par...
Did the London Whale revelations result in protections for bank customers -- and their federal insurers -- from this kind of gambling?
Reasonable people would agree that a bank having a history of involvement with fraud and mismanagement (and a recipient of one of the largest bank bailouts) shouldn't be writing bank legislation. Unless, of course, you are the U.S. Congress doing business as usual.
All these men are honorable. None has broken any law. But they and their ilk in congress -- the Democrats who are now rolling back Dodd-Frank -- don't seem to appreciate the extent to which Wall Street has harmed, and continues to harm, America.
Lew was offered a $940,000 bonus from Citigroup if he could land a job in government. That's one hell of a carrot. And here he is interviewing for Geithner's job.