Robert Auerbach's response to the Federal Reserve's IG request.
President Obama was dazzling in his decision-making to send U.S. Navy SEAL Team Six to get Osama bin Laden. It's now time for him to adopt this same laser-like focus on creating jobs.
It is rare that a commentator gets to write a column that is unreservedly rosy and infused with optimism for the future. I think it's certainly salutary given all that we've had to contend with.
As INET Executive Director Rob Johnson said, "last year's conference punctured the mystique of market stability (not to mention real events). This year, the conference will shatter the illusion of control."
Obama seems fatally addicted to the notion that the heavy hitters who got us into this financial mess are the very folks to be trusted to get us out of it.
In Part One of this essay, we mapped the tactile, political surface of financial reform - focusing on the ideas and behaviors of individual political ...
This is a two-part essay about the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a 2,300-page piece of legislation ...
Rising like a Phoenix, the defunct Economic Recovery Advisory Board is reconstituted with Big Business at its helm, new membership in support and a new name to capture the emerging affection for job creation. It could work.
Today, President Obama welcomes Jeffrey Immelt to his White House inner circle as chair of a newly created jobs council after saying good-bye to econo...
Last night at a Common Cause dinner in New York, Paul Volcker singled out the danger facing the U.S. if the dollar no longer retains its role as a global benchmark.
Despite numerous naysayers, the case can be made that Bernanke's massive monetary easing to pre-empt deflation will be judged as successful as Paul Volcker's drastic 1979 tightening was in combating inflation.
Obama should invite in about six or eight smart people who have a very different view of how he should be leading, and he should give them an extended opportunity to make their case, without his usual advisers in the room.
Paul Volcker, President Obama's former Federal Reserve chair who heads his Economic Recovery Advisory Board, recently nailed it in a series of blistering remarks on the sorry state of our economy.
With eleven pens for souvenirs, President Obama signed the financial reform bill in a rare celebratory moment. Significantly, the ceremony did not take place in the Oval Office but up the block at the Ronald Reagan building.
Why is it that so many of the heroic leaders who have pushed the Obama administration to be more steadfastly progressive on financial issues just happen to be female?
"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."