Derivatives Bill Amended To Let Big Banks Keep Some Contracts Secret
The House Agriculture Committee approved legislation Wednesday beefing up regulation of the kind of opaque derivatives many blame for causing the fina...
The House Agriculture Committee approved legislation Wednesday beefing up regulation of the kind of opaque derivatives many blame for causing the fina...
HuffingtonPost.com | Jason Linkins | Posted 10.21.2009 | Business
Over at the Wonk Room, Pat Garofalo pulls video of Representative Jeb Hansarling (R-Tex.) sitting on the House Financial Services Committee as they ma...
Eric Lotke | Posted 10.19.2009 | Politics
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.
Esther J. Cepeda | Posted 10.01.2009 | Chicago
Big Business is not as interested in making big plans or big money with big ideas as they are in blaming Washington for all that ultimately ails you.
Garrett Johnson | Posted 09.23.2009 | Business
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
nytimes.com | SHEILA C. BAIR | Posted 10.17.2009 | Business
The Obama administration has proposed sweeping changes to our financial regulatory system. I am an active supporter of the key pillars of reform, incl...
nytimes.com | STEPHEN LABATON | Posted 09.06.2009 | Business
WASHINGTON -- In what has become a routine spectacle, financial regulators went to Congress this week and raised objections to major portions of Presi...
Reuters | Patrick Rucker and Kevin Drawbaugh | Posted 09.03.2009 | Business
WASHINGTON (Reuters) - Top U.S. bank regulators will speak out on Tuesday against some key elements of the Obama administration's plan to reshape fina...
newsweek.com | Posted 08.24.2009 | Business
Goldman Sachs and JPMorgan Chase have reported huge profits, the Dow has made it past 9000, and Barack Obama has moved on to health care. The horror s...
Jill Schlesinger | Posted 08.24.2009 | Business
The same lamebrain members of Congress who were all too happy to castigate every participant in the financial crisis don't have the energy to deal with solutions to help prevent the next one.
bloomberg.com | Craig Torres and Alison Vekshin | Posted 08.15.2009 | Business
July 15 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair, with support from Federal Reserve officials, is pushing for tougher measu...
The Huffington Post | Ryan McCarthy | Posted 07.18.2009 | Business
President Barack Obama announced sweeping new reforms for the financial industry today. The announcement had long-been anticipated by Wall Street and ...
Bloomberg News | Posted 07.16.2009 | Politics
June 16 (Bloomberg) -- The Obama administration's revamp of U.S. banking and market regulations may be stalled into next year as Congress and the pres...
HuffingtonPost.com | Ryan Grim | Posted 07.16.2009 | Politics
Democrats in Congress are taking a page from the drug war playbook to see if they could apply it to new financial regulation. The drug war model was...
Mother Jones | Kevin Drum | Posted 07.10.2009 | Business
Some possibly disturbing news from the Wall Street Journal: The Obama administration is backing away from seeking a major reduction in the number o...
Robert Teitelman | Posted 07.09.2009 | Business
Reporters: Lay out the interests and report the bank lobbying and the money. Do it until readers nod off, which may be soon. It ain't pretty, but it's all we've got.
New York Times | GRETCHEN MORGENSON and DON VAN NATTA Jr. | Posted 07.01.2009 | Business
As the financial crisis entered one of its darkest phases in October, a handful of the nation's largest banks began holding daily telephone sessions. ...
Robert Teitelman | Posted 06.28.2009 | Business
Will an all-powerful Fed retain its traditional autonomy, or will it take orders from Treasury, the White House and Congress?
Washington Post | Binyamin Appelbaum And Zachary A. Goldfarb | Posted 06.27.2009 | Business
Senior administration officials are considering the creation of a single agency to regulate the banking industry, replacing a patchwork of agencies th...
bloomberg.com | Robert Schmidt and Jesse Westbrook | Posted 06.20.2009 | Business
May 20 (Bloomberg) -- The Obama administration may call for stripping the Securities and Exchange Commission of some of its powers under a regulatory ...
Bloomberg | Chua Kong Ho | Posted 06.16.2009 | Business
(Bloomberg) -- The U.S. economy is no longer in "freefall," Lawrence Summers, director of the White House National Economic Council, said today in a p...
Mike Lux | Posted 06.12.2009 | Politics
The American public, including a great many Republicans, is in overwhelming agreement of a basic notion: we must break up the financial monstrosities that have the power to destroy our economy.
Ari Melber | Posted 04.25.2009 | Politics
In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.
Financial Times | Daniel Pimlott, Krishna Guha and Joanna Chung and Ben White | Posted 05.01.2008 | Business
US bank failures could rise above "historical norms" as a weakening economy puts pressure on badly underwritten loans, particularly in commercial real...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.21.2009 | Business