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Obama Wall Street

Sam Stein

Obama Wall Street Speech Set, President Will 'Go Big' On Reform | Sam Stein | Posted 05.25.2011 | Politics

In late August, when town hall protests were putting the prospects of health care reform in doubt, the president's senior advisers convened in the Whi...

Does Size Matter? Simon Johnson vs. Paul Krugman on Whether to Break Up "Too Big to Fail" Banks

Miles Mogulescu | Posted 05.25.2011 | Business
Miles Mogulescu

Paul Krugman and Simon Johnson are two of my favorite economic commentators, but when it comes to the issue of breaking up mega-banks, they take dramatically opposing positions.

Obama Planning Get-Tough Approach To Congress On Financial Reform

Politico | MIKE ALLEN | Posted 05.25.2011 | Politics

An emboldened President Barack Obama will take a stronger hand with Congress in coming weeks, planning to push lawmakers to pass new regulations for W...

Psychoanalyzing The Relationship Between Obama And Wall Street

New York Magazine | John Heilemann | Posted 05.25.2011 | Politics

Thirty-eight hours after Scott Brown's smack-upside-the-head victory in the race for Ted Kennedy's former Senate seat, Barack Obama took the podium in...

Wall Street's Obama Investment

David Bromwich | Posted 05.25.2011 | Business
David Bromwich

The connection between a politician and the financial interests that secure him are deeper than mere utility or selfish purpose. And in the case of Barack Obama, bankers are not just in his pockets, they are in his heart.

The Fire Next Time: IRS Plane Assault Hints of Things to Come

Richard M. Benjamin | Posted 05.25.2011 | Politics
Richard M. Benjamin

Deplorable though he might be, Joe Stack is not quite a "random bad apple." We ignore his screed, suicide, and crime at our own risk.

Could Bankers Turn the Tables on Obama in 2012?

Charles Gasparino | Posted 05.25.2011 | Politics
Charles Gasparino

For all the talk about Obama's grassroots fundraising prowess, it may have been Wall Street funds that gave him the edge in 2008. There are now signs that those funds may not be there for him in 2012.

A New Phase, Not Just Another Recession

Ismael Hossein-zadeh | Posted 05.25.2011 | Business
Ismael Hossein-zadeh

It is becoming increasingly clear that the financial meltdown of 2008 and the subsequent economic contraction that continues to this day represent more than just another recessionary cycle.

Sam Stein

White House Moves Swiftly To Stem Fallout Of Obama Interview | Sam Stein | Posted 05.25.2011 | Politics

The White House is moving swiftly to stem the fallout from a potentially damaging interview President Obama gave on Tuesday, in which, it was reported...

Bail out Could Cost Taxpayers Thirty Times more than Reported

Earl Ofari Hutchinson | Posted 05.25.2011 | Home
Earl Ofari Hutchinson

In 2008 and 2009, 50 separate Federal programs offered $23 trillion in loans, grants, or asset guarantees to the financial sector. Huh! This item ...

Sam Stein

Pro-Obama Group Goes After Wall Street 'Pigs' | Sam Stein | Posted 05.25.2011 | Politics

In a new push to sound a tougher tone with Wall Street, an outside group supportive of the White House is going up with a new television spot urging C...

Obama's Tiny Jobs Ideas for Main Street, A Big Spending Freeze for Wall Street

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

Obama's three-year freeze on a most discretionary spending will make it impossible for him to do much of anything for the middle class that's important. Chalk up another win for Wall Street, another loss for Main.

Obama's One Term Obsession

Earl Ofari Hutchinson | Posted 05.25.2011 | Home
Earl Ofari Hutchinson

White House press secretary Robert Gibbs presumably spoke on good authority when he said that President Obama was "comfortable" with being a one term...

Why Obama Is (Finally) Taking on Wall Street

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

Democratscan't target big government because Republicans do that one better, especially when they're out of power. So what's the alternative? Wall Street.

Ryan Grim

Capuano Rips White House: 'Played Footsies With Wall Street From Day One' | Ryan Grim | Posted 05.25.2011 | Business

A House Democrat from Massachusetts who finished second in the Senate primary against Martha Coakley is lashing out at the White House for playing "fo...

James Pethokoukis: Wall Street Could Be Brown win could spark Obama war on Wall Street

Reuters | James Pethokoukis | Posted 05.25.2011 | Business

The result ends the Democratic supermajority in the Senate and leaves key parts of the Obama agenda in deep trouble. But the biggest loser just might ...

Sam Stein

Obama Pushed On Bank Bonuses, As Party Standing Suffers | Sam Stein | Posted 05.25.2011 | Politics

As the White House pivots to a more anti-Wall Street populist posture -- in the wake of a potential loss in the Massachusetts Senate race -- legislati...

Simon Johnson: Democrats Likely To Lose In November Unless They 'Run Hard' Against The Big Banks Now | Simon Johnson | Posted 05.25.2011 | Business

The theme for the November midterms should be: Which part of the 8 million jobs lost [since December 2007] do you not understand? The big banks must ...

Krugman: Obama Intimidated By Wall Street Scare Stories

The New York Times | Paul Krugman | Posted 05.25.2011 | Politics

A funny thing happened on the way to a new New Deal. A year ago, the only thing we had to fear was fear itself; today, the reigning doctrine in Washin...

Why Obama Must Take On Wall Street

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

Five giant Wall Street banks now dominate US finance. Why isn't anyone discussing trust-busting? No one has offered a clear reason why such giant banks are important to the US economy. Logic and experience suggests the reverse.

President Obama Takes On Wall Street In New York City Fundraiser | Posted 05.25.2011 | Politics

Obama criticized the "reckless speculation and deceptive practices and short-sightedness and self-interestedness from a few." The audience included me...

Bank Weekend...

Bob Dowling | Posted 05.25.2011 | Business
Bob Dowling

I haven't seen any polls on a breakdown of trust, polls saying how the public feels about WashWall, the entity. The president has been blasting Wall Street since he took office. Much talk, no action.

Why Taxing Wall Street Makes Sense

Neil K. Shenai | Posted 05.25.2011 | Business
Neil K. Shenai

The logical merits of the responsibility fee on banks remain, despite political posturing from the measure's detractors. Here are two reasons why.

Obama Hosts Fundraiser In New York City, With Wall Street In Tow

The Huffington Post | Rachel Weiner | Posted 05.25.2011 | Politics

President Obama is hosting a swanky fundraiser at the Mandarin Oriental in New York tonight -- and about a third of the 200 Democratic donors attendin...

Blue Dogs Aim To Scrap Obama's Financial Product Safety Commission

Politico | Victoria McGrane | Posted 05.25.2011 | Politics

Blue Dogs and other conservative Democrats -- uneasy with a key element of President Barack Obama's plan to regulate Wall Street -- are rallying aroun...