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Bank Reform

"Till We Get an Answer, We're Gonna Let It Shine": Learning to Hope When You Can't Save the World

Jesse James DeConto | Posted 01.25.2014 | Religion
Jesse James DeConto

Jesse James DeConto is a journalist, musician and author of the spiritual memoir This Littler Light: Some Thoughts on NOT Changing the World. He is re...

Mark Gongloff

Spitzer: Throwing Bankers In Jail Wouldn't Hurt

HuffingtonPost.com | Mark Gongloff | Posted 04.16.2013 | Business

Maybe time has mellowed Eliot Spitzer. Spitzer, who built his political career as New York Attorney General more than a decade ago by crusading aga...

Yes, We Can Have Banks That Work for the People

Richard (RJ) Eskow | Posted 05.29.2013 | Politics
Richard (RJ) Eskow

One pathway to genuine reform is "public banking": the establishment of banks which are owned and operated by the government, and which serve people and small businesses directly. Here's why public banking should be included in the agenda for deep and genuine financial reform.

A Smart and Principled Plan to End 'Too Big to Fail'

Richard (RJ) Eskow | Posted 05.13.2013 | Politics
Richard (RJ) Eskow

Wall Street money and influence suffuses both our politics and our media, so the answer to that question remains to be seen. But the ideas presented by Fisher and Rosenblum should reshape our national conversation over the financial and moral failure of our current banking system.

Since When Did Megabanks Become Your Evil Step-Mother?

Adam Levin | Posted 05.11.2013 | Business
Adam Levin

Banks say transaction reordering is not simply a new way to squeeze profits from unsuspecting customers. They claim that by processing the largest transactions first, they're actually doing us a solid.

Mark Gongloff

Obama Administration's Terrible Message To Big Banks

HuffingtonPost.com | Mark Gongloff | Posted 12.12.2012 | Business

One of the great things about being too big to fail is that you're also too big to jail, apparently. So saith the Obama administration, via the New...

Arbitraging Catastrophe: We're All in Danger -- And It Could Get a Lot Worse

Richard (RJ) Eskow | Posted 01.23.2014 | Politics
Richard (RJ) Eskow

It's a sign of our shadowy times that the latest regulatory "reform" bill hasn't been laughed out of Washington. Same goes for the latest bankers' complaint, this time about being asked to cover their own bets.

Occupy 'Chase Giving'

Jack Ucciferri | Posted 11.17.2012 | Business
Jack Ucciferri

Why is Chase so eager to get all of us who care about our local non-profits to start talking about Chase's good works? May I suggest because they'd prefer we didn't talk about what an extreme menace to society it is.

When It Comes to the DoJ and Wall Street, Don't Call It "Justice"

Richard (RJ) Eskow | Posted 11.11.2012 | Politics
Richard (RJ) Eskow

Why is the Attorney General, along with others in the Administration, arguing against indicting Wall Street bankers?

Completing Our Fourth of July Declaration

Stephen Zarlenga | Posted 09.12.2012 | Politics
Stephen Zarlenga

This crisis gives us our only opportunity to reform our monetary system and eliminate the private creation of money; to eliminate using debt for money; to establish our nation's full sovereignty.

The Unfinished Business of the Obama Administration: The Foreclosure Crisis

David Coates | Posted 09.09.2012 | Politics
David Coates

This Administration's failures -- in domestic policy at least -- are more the product of doing too little too late, than of doing too much too soon. Nowhere is that failure clearer than in the Administration's inept handling of the home foreclosure crisis.

Fomenting Fraud: How Weak Enforcement of Bank Misbehavior Threatens to Bring About the Next Financial Crisis

Ray Brescia | Posted 09.01.2012 | Business
Ray Brescia

In order to rein in unnecessary risk and fraudulent behavior, what is needed now is a robust, serious and sustained effort to root out, expose and prosecute those illegal acts that led to the financial crisis.

How to Make Banks Less Risky

Sallie Krawcheck | Posted 08.13.2012 | Business
Sallie Krawcheck

If our societal goal is to reduce risk in banks, bank boards should compensate management teams not just in the bank's equity, but a combination of the equity and fixed income instruments of the institution.

JPMorgan Losses Do Not Make the Case for Regulation

Mark A. Calabria | Posted 07.15.2012 | Business
Mark A. Calabria

President Obama and others have used the recent $2 billion loss by JPMorgan Chase as a call for more regulation. What the president and his allies miss is that recent events at JPMorgan illustrate how the system should -- and does -- work.

The SAFE Banking Act Will Do What Financial Regulators Thus Far Have Not

Micah Hauptman | Posted 07.10.2012 | Business
Micah Hauptman

Preventing banks from becoming so large, complex, and interconnected that their failure would ravage the economy is the safest guarantee against a future "too big to fail"-driven financial crisis.

Paul Ryan: Paul Ryan Is Totally Wrong About Bank Reform

The Huffington Post | Mark Gongloff | Posted 05.10.2012 | Business

Who is that handsome socialist from Wisconsin, and what has he done with Rep. Paul Ryan? A Bloomberg View piece on Wednesday in support of the Volc...

Heroic Banker Defends Other Heroic Bankers

Mark Gongloff | Posted 07.04.2012 | Business
Mark Gongloff

Jamie Dimon would like you all to stop discriminating against banks now. The golden sun-god CEO of America's greatest bank, JPMorgan Chase, has becom...

Too Big to Fail and the Volcker Rule

Ted Kaufman | Posted 05.05.2012 | Politics
Ted Kaufman

Universal agreement on a goal -- no possibility of a future bank bailout -- doesn't necessarily mean that goal will be achieved. Our major banks are still too big to fail.

The Volcker Rule: Return to Sender

Robert Kuttner | Posted 04.27.2012 | Business
Robert Kuttner

Paul Volcker deserves better. In the hands of Tim Geithner's Treasury, the Rule named for Volcker supposedly limiting speculative mischief by government-guaranteed banks is fast becoming a cumbersome parody of itself.

Ben Hallman

With Obama Appointment, Jeopardy Champ Takes On Payday Lenders

HuffingtonPost.com | Ben Hallman | Posted 01.04.2012 | Business

The new government agency tasked with looking after the best financial interests of ordinary consumers finally has a leader. President Barack Obam...

OWS: Where the Rubber Meets the Road

Jon Stein | Posted 12.28.2011 | Business
Jon Stein

As consumers of financial services products, start to demand that your bank, investment advisor and brokerage join this movement. If they aren't willing to publicly declare what you deserve, you deserve a better company.

Let Wall Street Beware a Risen People

Tom Hayden | Posted 12.02.2011 | Politics
Tom Hayden

No one can know where the wind will blow. The protests which are spreading are so far thin in numbers, organization and outreach. But sometimes the wind blows sparks.

A Manifesto For Better Banking

Carne Ross | Posted 11.27.2011 | Business
Carne Ross

The banking system is both a cause and an intrinsic part of our current economic and political crisis. Here are some suggestions for a manifesto for the Occupy Wall Street protests currently taking place.

Colorado Banks Shut Down By Regulators

AP | Posted 09.08.2011 | Denver

WASHINGTON (AP) -- Regulators shut down a bank in Illinois and two in Colorado on Friday, boosting to 51 the number of U.S. bank failures this year. ...

The New War of Independence -- Against Corporate Politics

Richard (RJ) Eskow | Posted 09.02.2011 | Politics
Richard (RJ) Eskow

This July 4, politics is too important to be left to the politicians. The stakes are too high and the system is too broken. Citizen action is everyone's job now.