Weekly Audit: Too Big to Fail is Just Too Big
by Zach Carter, Media Consortium Blogger Last week, President Barack Obama released key legislation designed to fight the banking industry's too-big-...
by Zach Carter, Media Consortium Blogger Last week, President Barack Obama released key legislation designed to fight the banking industry's too-big-...
Regulators appear to have placed a higher value on protecting the interests of those who sell financial products than on the interests of consumers of transparent, safe, and fair financial products.
Women like Brooksley Born have a long history of being whistle-blowers in systems dominated by men. Perhaps this time Congress -- and the American people -- will listen.
This bill is one more act of sleight of hand by a Congress that, to the detriment of the public, fails to see that banks are there to serve the public good and can be regulated with such a goal.
By Zach Carter, Media Consortium Blogger Bailout pay czar Ken Feinberg raised a ruckus last week when he announced plans to slash cash payouts to exe...
How would you feel if you discovered that a highly-rated bond received its grade not because the company is strong, but because the rating agency assumed the government would bail the company out?
Where will we end up in a new regulated environment? Jonathan Tisch asks some of those closest to President Obama: Bill Daley, lawyer Marty Lipton and Penny Pritzker.
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...
Twelve months removed from the forced bailout of financial institutions by US taxpayers, Goldman Sachs is back to paying its employees an average annu...
If the Democrats cannot show that the existing arrangement constitutes a raid of the public treasury, do not expect them to do so on the much more complicated issues of credit swap controls.
People didn't vote last November for laissez-faire capitalism and billion dollar bonuses. They didn't bail out banks that were too big to fail so they could take over banks that were smaller and did.
The real issue for regulators around the globe is a serious definition of the financial world we want to live in. The current focus nearly exclusively on the banking sector could cause authorities to miss the broader picture.
One of the key merits of the cap-and-trade approach is that the program can provide cost-effectiveness, while achieving meaningful reductions in greenhouse gas emissions levels.
Taibbi, Rolling Stone magazine's teen heartthrob, became a sensation last month after calling Goldman Sachs "a giant vampire squid wrapped around the face of humanity."
There is no dollar value on the safety of the women in the exotic dancing industry.
With so much at stake, the American people deserve a full explanation for why one vision of the financial system is superior to another.
This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a ...
Democrats calculate they will have nothing to gain by legalizing. Republicans fear angering a socially conservative base of voters all too eager to forget its beer-bonging college days.
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.