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Financial Regulation

Blankfein Fears A World In Which People Are 'Made To Ask Questions'

The Huffington Post | Alexander Eichler | Posted 06.13.2012 | Business

With Jamie Dimon called on the carpet before the Senate Banking Committee Wednesday, it almost seemed like for a moment bankers were going to be held ...

At One Store, Financial Regulation Leads To Lower Prices

The Huffington Post | Bonnie Kavoussi | Posted 06.14.2012 | Business

At one store, financial regulation is helping customers in a demonstrable way. Home Depot has lowered the prices of more than 3,000 products after ...

Most MF Global Execs Are Off The Hook For That Missing $1.6 Billion

The Huffington Post | Alexander Eichler | Posted 06.12.2012 | Business

When $1.6 billion of customer money goes missing, you'd think it would be easier to punish someone for it. Not so at MF Global, the brokerage firm ...

Mark Gongloff

Wall Street Couldn't Care Less About JPMorgan's Loss | Mark Gongloff | Posted 06.11.2012 | Business

It's official: Absolutely nobody on Wall Street cares about JPMorgan Chase losing $30 billion. That is the clear message of an exhaustively reporte...

Barney Frank: Republican Lawmakers Have 'Terrible Priorities'

The Huffington Post | Alexander Eichler | Posted 06.08.2012 | Business

A proposal to slash funding for a major financial regulator is being met with strong criticism. Representative Barney Frank, a Massachusetts Democr...

Top Regulator: Congress 'Sides With Wall Street'

The Huffington Post | Alexander Eichler | Posted 06.08.2012 | Business

In the ongoing struggle to shield ordinary Americans from the risks and excesses of big banks, Congress can be counted on to stand with... the big ban...

Just What The World Needs: Regulator 'Superheroes'

The Huffington Post | Mark Gongloff | Posted 08.06.2012 | Business

Meet the Justice League of bank regulation. In a world ruled by powerful bankers, where politicians and regulators are compromised and weak, only a...

Brown Worked To Shield Banks From Tough New Rules

The Boston Globe | Posted 06.04.2012 | Politics

Senator Scott Brown has trumpeted his role in casting the deciding vote in favor of the 2010 Wall Street overhaul, but records show that after he vote...

European Banks May Become More Vulnerable, Reliant On Taxpayer Money

Reuters | Posted 07.27.2012 | Business

* New regulation may repel staple investors * Bond buyers say rules will push up debt costs for banks By Sinead Cruise ...

Schneiderman: Group Tasked With Probing Mortgage Crisis Needs 'More Resources'

The Huffington Post | Alexander Eichler | Posted 05.25.2012 | Business

When it comes to getting to the bottom of the financial crisis, it seems everyone could use a little bit more help. A government task force known a...

Jason Linkins

GOP Senator Mocks Regulators He Sandbagged For JPMorgan Losses | Jason Linkins | Posted 05.24.2012 | Politics

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...

If We Can't Understand Them, We Should Just Break Them Up

Brad Miller | Posted 07.24.2012 | Politics
Brad Miller

The biggest banks argue that if the lesser mortals who populate the institutions of democratic government don't understand the intricacies of their business, then we just shouldn't meddle.

A Danger Lurking in the Shadows

Micah Hauptman | Posted 07.23.2012 | Business
Micah Hauptman

An unaddressed cause of the 2008 financial crisis was banks' reliance on elaborate schemes called repurchase agreements, or "repos," to fund their operations. Four years later, the usual suspects remain heavily dependent on them, endangering the financial system.

Debate Over New Rules Heats Up In Wake Of JPMorgan Loss

AP | MARCY GORDON | Posted 07.21.2012 | Business

WASHINGTON (AP) — Federal regulators and lawmakers are renewing the focus on financial regulation in the wake of a multibillion-dollar trading loss ...

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

Marvin Meadors | Posted 07.21.2012 | Politics
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?

Financial Regulation: How to Find the Right Balance

Philip Jennings | Posted 07.21.2012 | Business
Philip Jennings

JP Morgan's multi-billion punt is the latest evidence that the financial sector remains a minefield five years on from the initial crisis. Despite the efforts of regulators there is a vacuum at the heart of financial global governance.

Why a Banker Thinks Wall Street Should Be Regulated

Sanjay Sanghoee | Posted 07.21.2012 | Business
Sanjay Sanghoee

Most bankers are not the unethical and blindly greedy creatures that politicians and the media make them out to be; and there is no doubt that without the productive activities of the banking sector, no other industry in our nation would be able to survive or thrive. But that does not mean there isn't a ghost in the machine.

Jamie Dimon Complains More, As JPMorgan Chase Losses Eclipse $30 Billion

Mark Gongloff | Posted 07.21.2012 | Business
Mark Gongloff

Champion American complainer Jamie Dimon complained on Monday about Wall Street regulation, while also insisting he not be described as a complainer. ...

Hunter Stuart

WATCH: Major Romney Donor Accuses Obama Of Demonizing Wall Street | Hunter Stuart | Posted 10.18.2012 | Politics

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

Matt Sledge

In State AG Campaigns, Foreclosure Often The Missing Issue | Matt Sledge | Posted 05.18.2012 | Politics

NEW YORK -- The nation's attorneys general flexed their legal muscles earlier this year when they signed off on a $25 billion national mortgage settle...

The Latest Bank To Raise Fees

The Huffington Post | Catherine New | Posted 05.17.2012 | Money

Another bank is raising fees. U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed o...

D.M. Levine

Jamie Dimon Defends Lobbying, Fends Off Critics At Shareholders Meeting | D.M. Levine | Posted 05.15.2012 | Business

At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of th...

JPMorgan Losses Do Not Make the Case for Regulation

Mark A. Calabria | Posted 07.15.2012 | Business
Mark A. Calabria

President Obama and others have used the recent $2 billion loss by JPMorgan Chase as a call for more regulation. What the president and his allies miss is that recent events at JPMorgan illustrate how the system should -- and does -- work.

Geithner: JPMorgan Loss 'Helps Make Case' For Regulation

AP | ANDREW TAYLOR | Posted 05.15.2012 | Business

WASHINGTON -- Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan "helps make the case" for tougher rules...

D.M. Levine

Derivatives Cassandra On JPMorgan: Told You So | D.M. Levine | Posted 05.15.2012 | Business

To Brooksley Born, JPMorgan Chase's trading blowup looks a lot like the Long-Term Capital Management debacle of 14 years ago. It's "happening all o...