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Too Big to Fail

Wells Fargo Shows Megabanks Are Too Big to Trust

Lisa Gilbert | Posted 10.17.2016 | Politics
Lisa Gilbert

Wells Fargo Shows Megabanks Are Too Big to Trust By Lisa Gilbert and Michael Tanglis Don't hold your breath waiting for Wells Fargo to do the right t...

A Company Small Enough To Prosecute

Judge H. Lee Sarokin | Posted 07.21.2016 | Crime
Judge H. Lee Sarokin

Even if corporations are improperly designated too big to fail or be prosecuted, that is no excuse for not prosecuting those directly responsible for their crimes. They are protected and rewarded for their criminal acts. Nobody is that big!

The Great Unraveling

Bill Shireman | Posted 06.28.2016 | Politics
Bill Shireman

Viewed in isolation, the fall of the EU in Britain and the rise of Donald Trump in the U.S. both reflect high-risk gambles by disillusioned voters to upend the establishment they blame for economic and cultural turmoil.

Stop Bankers From Robbing Taxpayers

Lynn Parramore | Posted 06.08.2016 | Business
Lynn Parramore

Does the question of morality have a place in the realm of banking and regulation? That it feels awkward to even raise the issue is convenient for bankers who engage in reckless and harmful activities every day without fear of punishment.

To Break 'Em Up, or Not to Break 'Em Up, That Is the (Wrong) Question

John Fullerton | Posted 05.24.2016 | Business
John Fullerton

Bernie says the banks are too powerful so we need to break them up and reinstitute Glass-Steagall, the depression era legislation that separates high-risk investment banking from staid commercial banking.

"Too Big to Fail" Also Applies to Health Care

Orson Aguilar | Posted 05.23.2016 | Healthy Living
Orson Aguilar

We hear a lot about "too-big-to-fail" banks, and rightly so. It's time to bring that same discussion to health insurance. Most Americans first learne...

Lack of Living Wills for Too-Big-To-Fail Banks Defended By Hedge Fund Executive

Matthew Filipowicz | Posted 05.04.2016 | Comedy
Matthew Filipowicz

In a TMFS sketch, the lack of credible living wills for too-big-to-fail banks, including Bank Of America, Goldman Sachs, Morgan Stanley, JP Morgan Chase, is defended by a hedge fund executive.

No, Obama Didn't Kill Too Big To Fail

The Huffington Post | Shahien Nasiripour | Posted 04.14.2016 | Business

President Barack Obama came into office promising to curb some of the Wall Street excesses that led to the recession and trillions of dollars in taxpa...

Elizabeth Warren Has Basically Had It With Paul Krugman's Big Bank Nonsense

The Huffington Post | Zach Carter | Posted 04.13.2016 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) appeared to offer a thinly veiled rebuke of liberal economist Paul Krugman on Wednesday by highlighting ...

Yikes, Paul Krugman Really Doesn't Understand Dodd-Frank

The Huffington Post | Zach Carter | Posted 04.12.2016 | Business

Paul Krugman does not seem to understand the very financial regulations he claims to support. Following up on his Friday column in which the liberal e...

Who Has Two Thumbs And Is Wrong About The Financial Crisis?

The Huffington Post | Ben Walsh | Posted 04.08.2016 | Business

Somebody is wrong on the Internet, and his name is Paul Krugman. It is hard for liberal America when Krugman is wrong, because he is liberal America's...

Massive Insurer Convinces Judge It Isn't Too Big To Fail

The Huffington Post | Shahien Nasiripour | Posted 03.30.2016 | Business

MetLife, a giant insurer the Obama administration deemed in 2014 was too big to fail, has convinced a judge that it's not. The move puts the entire fi...

Financial Reform Is Working

Dennis M. Kelleher | Posted 03.07.2016 | Business
Dennis M. Kelleher

The critics of the financial reform Dodd-Frank Act are fond of saying that it doesn't work -- some going so far as to say that the financial system is just as much at risk as it was in 2008, if not even more so.

Killer Mike Wants You To Move Money Into A Local, Black-Owned Bank Before It's Too Late

The Huffington Post | Ben Walsh | Posted 03.01.2016 | Business

ATLANTA, Ga. - Michael Render has just finished an interview with Akinyele Umoja, a Georgia State University professor and author of We Will Shoot Bac...

Dear Bernie: I Like You, But These Red Flags Are Too Frequent To Ignore

Larry Womack | Posted 02.23.2016 | Politics
Larry Womack

Senator Sanders, I like you. I admire you. Most of the time, I wish that we had 99 more senators just like you. And I would, wouldn't I? I'm the kind of voter that you should have a lock on. But Senator, we have a problem, and it's a big one.

Why Bernie's Proposals Would Spur Economic Growth

Robert Reich | Posted 02.18.2016 | Politics
Robert Reich

Failure to take action on the biggest banks, a single-payer plan, widening inequality, and discrimination will almost certainly harm the economy.

Can Bernie or Hillary Actually Take on Wall Street?

Lynn Parramore | Posted 02.19.2016 | Politics
Lynn Parramore

Recently, the financial reform proposals of Bernie Sanders and Hillary Clinton have gotten a flurry of press. Will either of them make us safer? Are economic experts using their professional expertise to judge them or blowing political and philosophical smoke?

Bank of America CEO Now Making Millions Of Dollars More For No Reason

The Huffington Post | Ben Walsh | Posted 02.17.2016 | Business

Last year was not a big year for raises in America. Collectively, Americans ended the year seeing their compensation rise just 2 percent. But bank exe...

Bush Bailout Chief Channels Bernie Sanders Call To Break Up Big Banks

The Huffington Post | Shahien Nasiripour | Posted 02.16.2016 | Business

A top Republican architect of the 2008 bank bailout stunned financial observers Tuesday with a speech calling on Congress to consider breaking up the ...

Education Dept. Sent Corinthian Students to Westwood, Now Westwood Is Closing

David Halperin | Posted 02.09.2016 | Business
David Halperin

Last spring, when for-profit Corinthian Colleges abruptly shut down under the weight of allegations of deceptive acts, Corinthian students had a choice under U.S. Department of Education rules. Now what?

Beyond Wall Street: Transforming the Way We Use Capital

Don Shaffer | Posted 02.03.2016 | Impact
Don Shaffer

By Don Shaffer I've been talking to a lot of people lately about RSF Social Finance's decision to walk off Wall Street, and urging others to consid...

Elizabeth Warren: American Justice Is 'Rigged' In Favor Of The Rich

The Huffington Post | Zach Carter | Posted 02.03.2016 | Politics

WASHINGTON -- In a scorching speech from the Senate floor on Wednesday, Sen. Elizabeth Warren (D-Mass.) said the American criminal justice system is r...

The Clinton Team Is Writing 'Too Big To Fail' Out Of The Financial Crisis

The Huffington Post | Zach Carter | Posted 02.19.2016 | Politics

Here’s a term you may remember from 2008: "too big to fail." It was the title of a best-selling book and an Emmy-nominated movie, and ultimately the...

We Need a Revolution

Walker Bragman | Posted 01.19.2016 | Politics
Walker Bragman


Bigger Isn't Always Better and Relationships Are Key

John Burnett | Posted 01.12.2016 | Business
John Burnett

Now that I have your attention, we can talk about the financial service needs of the working poor comprised of the financially disenfranchised, immigrants and lower tier of the middle class and which type of banking institution is positioned to best meet their needs.