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Glass Steagall Act

Why Dumb Down Our Government?

Harlan Green | Posted 12.24.2011 | Politics
Harlan Green

Should it surprise us that we, the people, are smarter than the politicians we've elected? Maybe the money machine it takes to get elected these days has discouraged more Mr. Smiths from going to Washington.

Jason Linkins

Jon Huntsman Says Something Interesting Once The Televised Debate Is Safely Over | Jason Linkins | Posted 12.12.2011 | Politics

My favorite highlight of last night's GOP contest comes via my colleague Alex Becker, who caught Jon Huntsman saying something interesting immediately...

Trinity Church: Occupying Wall Street

Rev. Daniel Simons | Posted 12.06.2011 | Religion
Rev. Daniel Simons

I write and preach regularly that in God's economy there is only an "us," and whenever we fall back to us-and-them thinking, we are contributing to a powerful but failed system

What Occupy Wall Street Should Ask For

Aaron Greenspan | Posted 12.02.2011 | Business
Aaron Greenspan

There needs to be a clear message coming from the public regarding exactly which changes are being sought. Perhaps there are too many views for everyo...

Reset Equity-Risk Formula for Banks

Mark J. Perry and Robert Dell | Posted 10.01.2011 | Business
Mark J. Perry and Robert Dell

A century or more ago, banks were capitalized more like REITs are today, holding equity of at least 30 percent of assets.

Bill Clinton's Legacy of Denial

Robert Scheer | Posted 08.21.2011 | Politics
Robert Scheer

Bill Clinton's Newsweek cover story shows that the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.

The Governor's Speech

Henry J. Stern | Posted 05.25.2011 | New York
Henry J. Stern

The wrenching disappointments of the Spitzer and Paterson administrations are now behind us; the ever-mounting budget deficit is before us.

DK Matai | Posted 05.25.2011 | Business
DK Matai

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

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

Coyotes and Bankers

Matthew Anderson | Posted 05.25.2011 | Business
Matthew Anderson

Recently in the backcountry near my home, I saw a Coyote wearing a backpack sporting a bumper sticker that said, "Coexist." That is when I knew for certain that the Coyote had never gone to Business School.

Priorities of Volcanic Proportions (PHOTOS)

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

2010-04-20-Icelandvolcano.jpg It was inevitable. The airlines -- caught between safety and profits -- have chosen profits.

The Meltdown Men: Greenspan, Rubin, and Prince to Testify before Financial Crisis Commission

Jeff Madrick | Posted 05.25.2011 | Politics
Jeff Madrick

Greenspan bears more responsibility for the calamity than any single person. It is rare in the history of any major event one can make such a claim.

Glass-Steagall Fans Are Not Fools

David Serchuk | Posted 05.25.2011 | Business
David Serchuk

When people think of the financial reforms of the New Deal, often the creation of the FDIC is what comes to mind. In reality the FDIC came last. The first thing FDR signed into law was Glass-Steagall.

Bury Our Banks in Style!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

How can we bury the Too Small To Bailout banks in style? Here are a few suggestions.

American Women to Dodd: Size Matters

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As women and as taxpayers, we are writing to tell Senator Dodd that size matters. As he gets ready to take up bank reform in committee next week, we need to talk.

Celebrating Sen. Ted Kaufman, Accidental Leader

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

Sen. Ted Kaufman has emerged as one of the Senate's fiercest critics of Wall Street and a champion of the need to push for a serious rebooting of our financial system.

Lame Bill from a Lame Duck

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

The Senate financial regulatory reform bill has only a nod in the direction of a return to the Glass-Steagall Act's separation of investment and banking firms, a regulation that Dodd helped kill a decade ago.

Congress: The Banks Own the Place. Do They Own Obama Too?

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If "no brainer" reforms like bankruptcy reform and student loan reform can't make it through a Democratic controlled Congress, how will more fundamental reforms of the financial system fare?

Show Bernanke and Geithner the Door

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

What has the financial crisis taught us? Among other things, we should show Bernanke and Geithner, enablers from the previous administration, the door.

Andrew Ross Sorkin: | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Can a bank be too big? That was one of the more interesting questions to come up during the Financial Crisis Inquiry Commission hearing last week, th...

Why Is Obama to the Right of the Wall Street Journal, Greenspan, and McCain on Breaking Up Banks and Restoring Glass Steagall?

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If, a year after Obama's victory, the Senatorial race to replace Ted Kennedy is close, it can largely be attributed to public disillusionment that Obama and the Democrats have given away too much taxpayer money to Wall Street banks.

Banking Regulation Needs to Confront Real Risks Presented by Financial Derivatives

David Paul | Posted 05.25.2011 | Politics
David Paul

Our banking system is structurally flawed, and the changes instigated by the passage of the Financial Services Modernization Act of 1999 should be fundamentally reconsidered.

Arianna Discusses Public's Bailout Anger On BBC's Newsnight

Huff TV | Posted 05.25.2011 | Home
Huff TV

Arianna recently appeared on BBC's Newsnight to discuss the economic crisis, the lack of reform, and the effects of the bailout on American society an...

Ride the Populist Wave: Restore Glass-Steagall!

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Populism is not so much a political stance (as "conservatism" is, for instance) as it is a political tactic. Meaning it can be used equally well by either side of our current American political divide.

Bring Back Glass-Steagall

Thomas Frank | Posted 05.25.2011 | Business
Thomas Frank

Having government forbid everyday commercial banks to take gambles on high-risk schemes, why, that just didn't make sense to the enlightened minds of 1999. We had learned by then to trust the market. Besides, what could go wrong?