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Financial Regulation

Shahien Nasiripour

NOW Questions Obama's Reluctance To Nominate Elizabeth Warren, Asks Whether Sexism At Play | Shahien Nasiripour | Posted 05.25.2011 | Business

The National Organization for Women is asking whether President Barack Obama's apparent reluctance to nominate Elizabeth Warren to head a new consumer...

How To Make The Financial Reform Process More Transparent: Simon Johnson | SIMON JOHNSON | Posted 05.25.2011 | Business

Televising the conference meetings could help, but, realistically, this is likely to push the substantive decision-making and discussion off-line. The...

Can The U.S. And Europe Agree On Financial Reform Details?

AP | GEIR MOULSON | Posted 05.25.2011 | Business

BERLIN — The United States and Europe broadly agree on the need for reform of the financial system, but global cooperation is needed, U.S. Treas...

EU Looks To A Bank Tax To Pay For Future Bailouts

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — Banks should pay a levy to help prevent future bailouts and shield taxpayers from the burden of multibillion euro (dollar) rescues, t...

Four Ways To A Better Financial Reform Bill: David Leonhardt | DAVID LEONHARDT | Posted 05.25.2011 | Business

So the Obama administration and Congress were smart to avoid the magic bullet trap: the wishful idea that one sweeping solution, like breaking up the ...

Goldman's Half Trillion With a Hedge Fund Is Too Big to Ignore

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

In June 2008, Goldman Sachs wasn't subject to the scrutiny imposed on commercial banks. If it were, an auditor would have asked, "What are you doing with half a trillion dollars in notional exposure to a hedge fund?"

Sunday Roundup

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

This week, President Obama signed the financial regulation bill, Facebook signed up its 500 millionth member, and the Senate Judiciary committee signed off on Elena Kagan. But the news cycle was dominated by the media frenzy over Shirley Sherrod. turned the obscure USDA worker's tale of racial awakening into a grainy video snippet "proving" reverse racism. Fox News tore into the story like rabid jackals with a taste for blood and race baiting (Shepard Smith was a noble exception). Tom Vilsack revealed an itchy trigger finger, having an underling force Sherrod to resign via BlackBerry because "you are going to be on Glenn Beck tonight." So the administration left no doubt it's afraid of Beck's shadow, and the president insisted that the buck stops... somewhere else, pointing the finger at the "media culture." The White House and a shamed media want to brand this a "teachable moment" but will the lesson stick?

Financial Reform: Nobody Is Happy

Dr. Philip Neches | Posted 05.25.2011 | Business
Dr. Philip Neches

President Obama signed the finance reform bill into law today. At first blush, nobody seems very happy.

'Sorry Seems to Be the Hardest Word'

Saly A. Glassman | Posted 05.25.2011 | Business
Saly A. Glassman

In the eyes of the investor, financial institutions lost their connection with compassion, understanding, and commitment, and jeopardized their long-term relationships with clients.

10 Ways New Wall Street Reform Law Will Help You

Rep. John B. Larson | Posted 05.25.2011 | Politics
Rep. John B. Larson

For eight years, Wall Street played Russian roulette with America's future while Republicans in Congress looked the other way. The new financial reform law takes major steps towards fixing that.

Barack Obama Signs Sweeping Wall Street Reform Bill

AP | JIM KUHNHENN | Posted 05.25.2011 | Politics

WASHINGTON — Reveling over a new milestone in his presidency, a triumphant Barack Obama on Wednesday signed into law the most sweeping overhaul ...

What Price Safety?

Chris Carey | Posted 05.25.2011 | Business
Chris Carey

With that said, how far do we allow our government to go in protecting the interests of our citizenry? It's difficult to argue about laws that protect some group of us. But enough already!

Daniel Dravot, Goldman Sachs, and the SEC

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

While I may criticize the motivation and timing of the SEC's case, I applaud the long overdue recognition by Wall Street's regulators that they have coddled the mighty and powerful for far too long.

A Marriage Made in Heaven or Hell: Monetary and Financial Stability

José Viñals | Posted 05.25.2011 | Business
José Viñals

While monetary policy frameworks fortified the castle against inflation at the front, they didn't pay much attention to back door vulnerabilities. I'm talking about financial stability.

Derivatives Reform: The Huge Two Loopholes Congress Is Fighting Over | Mike Konczal | Posted 05.25.2011 | Business

We discussed two potential derivatives loopholes in the bill (One, Two), the first being about what constitutes a trading facility, and the second is ...

Shahien Nasiripour

Elizabeth Warren Could Head CFPB Without Senate Confirmation | Shahien Nasiripour | Posted 05.25.2011 | Business

This story was updated at 7:15 p.m. ET Tuesday to reflect the final version of Sanders's letter and new information on a letter circulating in the Hou...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post...

DK Matai | Posted 05.25.2011 | World
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | World
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Shahien Nasiripour

Financial Reform Coalition Endorses Elizabeth Warren To Head New Consumer Agency | Shahien Nasiripour | Posted 05.25.2011 | Business

On Monday, a coalition of groups fighting to reform the nation's financial system formally endorsed Harvard Law professor and bailout watchdog Elizabe...

Nouriel Financial Reforms 'Cosmetic,' Won't Stop More Crises: Roubini

CNBC | Barbara Stcherbactcheff | Posted 05.25.2011 | Business

Current efforts to reform financial regulation are "cosmetic" and won't prevent another crisis, economist Nouriel Roubini told an audience on Tuesday ...

The Goldman Sachs Settlement, the Wall Street Journal, Warren Buffett, and the White House

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The timing of the Goldman Sachs settlement has raised eyebrows coming almost simultaneously to the passage of the Financial Regulations Bill. Was the settlement, if not politically motivated, at the very least politically timed?

Left, Right & Center: Financial Regulation, Goldman's Deal, And The Midterm Elections

HuffPost Radio | Posted 05.25.2011 | Politics
HuffPost Radio

The Financial Regulation bill that passed has many flaws, chief among them, says Arianna, that it doesn't prevent "too big to fail." Tony and Bob agree for different reasons that "the people" lose, in that the lobbyists will get to make the rules.