Financial Services Roundtable

Occupy Wall Street's "Gullible" and "Unsophisticated" Protesters

Joseph A. Palermo | Posted 12.18.2011

Read More: Erin Burnett, Nelson Schartz, Sallie Krawcheck, Occupy Wall Street, Financial Services Roundtable, Fabrice Tourre, The 99 Percent, Goldman Sachs, Bank of America, Cnbc, CNN New York Times, John Paulson, Eric Dash, Wall Street Protests, Outfront, Joe Price, #Occupywallstreet, Politics News
Joseph A. Palermo

There's something inherently wrong with a political economy where those in power sell the people a bag of goods: Tax cuts for the rich and corporations; deregulation; "free trade" bills; wars and excessive military spending; slashing social programs.

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The Bankers' New Goat

David Balto | Posted 05.25.2011

Read More: Free Checking Account, Financial Reform, Bank of America, Banks, Financial Crisis, Credit Cards, Financial Services Roundtable, Debit Cards, Big Banks, Business News
David Balto

Eventually, our ancestors gave up the practice of sending away a goat to atone for their sins. We can only hope the bankers reach a similar enlightened age and stop blaming others for their own business decisions.

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Getting Medieval On Your Assets: Four Reasons Foreclosure Fraud Really, Really Matters

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Mortgage Bankers Association, Mers, Fifth Amendment, Foreclosure Fraud, Financial Services Roundtable, Magna Carta, Business News
Richard (RJ) Eskow

Despite overwhelming evidence of widespread lawbreaking, there's still a popular point of view that says fraudulent foreclosures are "a technicality" and what we're seeing is neither a systemic problem nor a crime wave of epidemic proportions. Actually, it's both.

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Shahien Nasiripour

Elizabeth Warren Extends Olive Branch, Borrows Idea From Lenders In First Major Speech

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Elizabeth Warren, The Financial Fix, Cfpa, Financial Services Roundtable, Dodd-Frank Bill, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, Cfpb, Financial Crisis, Consumer Protection, Financial Regulation, Business News

In her first major speech as a member of the Obama administration, middle-class advocate Elizabeth Warren reached out to the heads of the nation's big...

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Elizabeth Warren To Speak At Financial Insiders' Dinner

Huffington Post | William Alden | Posted 05.25.2011

Read More: Tarp, Elizabeth Warren, Wall Street, Cfpb, Cfpa, Banks, Harvard Law School, Congressional Oversight Panel, Financial Services Roundtable, Brokers, Business News

Elizabeth Warren, chair of the Congressional Oversight Panel, a federal bailout watchdog, and a likely nominee to head the new Consumer Financial Prot...

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Elizabeth Warren Meets With Bank Lobbyists

washingtonpost.com | Posted 05.25.2011

Read More: Elizabeth Warren, Capitol Hill, Richard Hunt, Bank Lobby, Michael S. Barr, Steve Bartlett, Independent-Community-Bankers-of-America, Justice Department, Bank Lobbyists, Financial Services Roundtable, Barack Obama, Credit Unions, Business News

Elizabeth Warren, a top candidate to lead the new Bureau of Consumer Financial Protection, met quietly last week with some of her sharpest critics: bi...

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Showdown on Wall Street and K Street

Peter Dreier | Posted 05.25.2011

Read More: George Goehl, JP Morgan/Chase, Heather Booth, Citigroup, Gerald Taylor, Bank Reform, Stephen Lerner, Lloyd Blanfein, Wells Fargo, U.S. Chamber of Commerce, Industrial Areas Foundation, Afl-Cio, John Stumpf, Financial Services Roundtable, National Peoples Action, Barack Obama, Bank of America, Goldman Sachs, Americans for Financial Reform, Acorn, Morgan Stanely, Wall Street, Consumer Financial Protection Agency, Alliance of Californians for Community Empowerment, Center for Responsible Lending, Protest, Gordon Whitman, Pico, Pew Economic Policy Group, Seiu, Richard Trumka, Politics News
Peter Dreier

Organizers believe that the recent victory on health care reform will help propel a similar movement to take on banking giants.

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Financial Services Roundtable, Big Banks Begin Effort to Improve Image, Set 'Record Straight'

bloomberg.com | Julianna Goldman and Robert Schmidt | Posted 05.25.2011

Read More: JPMorgan Chase, Wall Street Bailout, Bailout, Ddb, Apco Worldwide, Financial Crisis, Luntz Maslansky Strategic Research, Omnicom Group Inc., Scott Talbott, Financial Services Roundtable, Wall Street, Citigroup, Business News

March 24 (Bloomberg) -- One of Wall Street's main lobbying groups is starting an image-improvement campaign aimed at showing the financial industry as...

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F-U

Erica Payne | Posted 05.25.2011

Read More: Bankers, Capitol Hill, Lobbyists, Banks, Business, Financial Services Roundtable, Politics News
Erica Payne

The two-day F-U which started yesterday is more formally known as "Financial Services University" - a chance for congressional staff-er/students to sharpen their number 2s and head to the Rayburn office building on Capitol Hill for "lessons" from top bankers and industry lobbyists.

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Shahien Nasiripour

Too Busy For Obama, Bank CEOs Make Time To 'Educate' Hill Staffers

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Services Roundtable, Capitol Hill, Banks, Lobbyblog, Lobbying, Business News

Megabank CEOs didn't have time for President Barack Obama when he gave a major speech on Wall Street in September, but they had no trouble making it t...

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Ryan Grim

Moneyed Interests Lining Up For Battle Over Accounting Standards

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: CFA Institute Centre for Financial Market Integrity, Tohmatsu, Council of Institutional Investors, Committee on Capital Markets Regulation, American Institute of Certified Public Accountants, Center for Capital Markets Competitiveness, Economy, Financial Services Roundtable, American Council for Capital Formation, Reform, National Association of Home Builders, Ernst and Young, Accf, Financial Executives International, Jim Turley, Center for Audit Quality, Commercial Mortgage Securities Association, Financial Accounting Standards Advisory Council, National Multi Housing Council, Paul Volcker, Real Estate, Accounting, American Bankers Association, Sec, Aba, Calpers, Fasb, Financial Reform, Investment Company Institute, Institute of Management Accountants, US SEC, National Apartment Association, Grant Thornton Llp, Ed Perlmutter, Kpmg, Recession, Barney Frank, House Financial Services Committee, Deloitte Touche, Council of Federal Home Loan Banks, Perlmutter, Real Estate Roundtable, Banks, Emails, Politics News

In the midst of what was supposed to be a Congressional push for increased financial regulation and accountability, a powerful coalition of moneyed in...

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Barney Frank Disagrees With Obama On Fund, May Face Fight With Some Firms

bloomberg.com | Alison Vekshin | Posted 05.25.2011

Read More: JP Morgan Chase, Treasury Department, Shareholders, Federal Deposit Insurance Corp., Barney Frank, Bloomberg Television, Aig, Obama Administration, Regulate Financial Firms, Financial Services Roundtable, Goldman Sachs, U.S. House Financial Services Committee, Financial Firms, Consumer Financial Protection Agency, Timothy Geithner, Sheila Bair, Political Capital With Al Hunt, Scott Talbott, Politics News

Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...

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Bankruptcy Judges & DOJ Rip Mortgage Companies

ProPublica | Posted 05.25.2011

Read More: Bank of America, JP Morgan, Loan Modifications, Bankruptcy, Countrywide, Wells Fargo, Ocwen, Hsbc, Justice Department, Financial Services Roundtable, Department of Housing and Urban Development, Business News
ProPublica

Judges have found that major mortgages servicers regularly mess up basic accounting, improperly credit payments and charge unwarranted fees.

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Why Are Bankers Still Being Treated As Beltway Royalty?

Arianna Huffington | Posted 05.25.2011

Read More: Credit Card Bill, American Banking Association, Mortgage Bankers Association, Chrysler Bankruptcy, Chrysler Banks, Credit Cardholders Bill of Rights, Chrysler, Bankers, Credit Card Rates, Credit Cards, Financial Services Roundtable, Cramdown, Senate Cramdowns, Dick Durbin, Carolyn Maloney, Transparency, Politics News
Arianna Huffington

How do the same banks that have repeatedly come to Washington over the last eight months asking for billions to rescue them from their catastrophic mistakes, somehow still "own the place"?

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Insurers Lining Up for that Bailout Pie

Deborah Senn | Posted 05.25.2011

Read More: Deregulation, Treasury, Aig, Prudential, Bailout, Financial Services Roundtable, Insurance, The Hartford, Metlife, Financial Crisis, Insurance Bailout, Business News
Deborah Senn

The insurers, having heard that Hank Paulson at Treasury is writing huge checks to bailout troubled banks, are pushing for government to help them get over their financial problems too.

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