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Big Banks

Study: Politically-Connected Banks Were More Likely To Get Bailed Out

Posted 12.22.2009 | Business

Read More: Bailout Study, Bailout, Political Connections Wall Street, Financial Crisis, Tarp Recipients, Big Banks, Wall Street Bailout, Tarp, TARP Conspiracy, TARP Study, Business News

In a finding that is sure to confirm the musings of conspiracy theorists -- or may just prove the obvious to cynics -- a new study details how the fin...

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Curbing Big Banks: Draw the Damn Line

Robert L. Borosage | Posted 12.17.2009 | Business

Read More: Senate, Bipartisan Cooperation, Big Banks, Financial Reform, Wall Street, Timothy Geithner, Barack Obama, Business News
Robert L. Borosage

Enjoy the health care debate? Wait until the Senate takes on the big banks. It already looks like déjà vu all over again.

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Has Obama Sold Out?

Bob Burnett | Posted 12.11.2009 | Politics

Read More: Elizabeth Warren, Main Street, Financial Crisis, Wall Street, Big Banks, Barack Obama, Politics News
Bob Burnett

2009's biggest story was not the economy, health care, or the escalation of the war in Afghanistan, but rather the resurrection of America's largest b...

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Nomi Prins: Wall Street Banks May Be Repeating Mistakes That Led To Enron

The Daily Beast | Nomi Prins | Posted 12.02.2009 | Business

Read More: Enron, Banking Crisis, Nomi Prins, Wall Street Crisis, Big Banks, Glass-Steagall, Business News

Enron was the financial scandal that kicked off the decade: a giant energy trading company that appeared to be doing brilliantly--until we finally not...

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Shahien Nasiripour and Ryan Grim

EXCLUSIVE: Two Leading House Dems Will Close $50 Trillion Loophole In Derivatives Reform Bills

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business

Read More: Occ, Derivatives, End Users, Barney Frank, Derivatives Reform, Chris Dodd, Collin Peterson, Big Banks, Cftc, Exclusive, Tbtf, Financial Crisis, Banks, Foreign Exchange, Gary Gensler, Business News

The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...

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Winning the 2010 Elections

Mike Lux | Posted 11.18.2009 | Politics

Read More: Bernie Sanders, Banking Industry, Big Banks, 2010 Elections, Too Big to Fail, Economic Populism, Politics News
Mike Lux

If Democrats shed their caution and become fighters, for jobs and health care and the middle class, they can pull off the same kind of surprise in 2010 that we pulled off in 1998.

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Join in the Effort to Break Up the Big Banks

Nathan Havey | Posted 10.30.2009 | Business

Read More: Nathan Havey, Financial Crisis, Big Banks, Break Up the Banks, Alan Greenspan, James Boyce, Paul Abrams, Business News
Nathan Havey

There is a movement afoot, and I'd like you to join us. Several organizations are cooking up a number of ways to make this change happen.

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We Just Launched BreakUpTheBigBanks.com: Why Everyone, Left, Right, Center, Must Join

James Boyce and Paul Abrams | Posted 10.29.2009 | Business

Read More: Wall Street Crisis, Big Banks, Financial Reform, Business News
James Boyce and Paul Abrams

Conservatives have traditionally distrusted political power. Liberals distrust concentrated, unaccountable economic power. The big banks have both. We cannot allow that to continue.

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Barack Obama Is Doing My Job; Why America Needs Him to Do His

Arianna Huffington | Posted 10.28.2009 | Business

Read More: Goldman Sachs, Fdic, Executive Pay, President Obama, Barack Obama Financial Crisis, TARP Money, Ben Bernanke, Obama Financial Reform, Big Banks, The Fed, Financial Regulation, Business News
Arianna Huffington

When it comes to dealing with Wall Street, President Obama seems to have traded in his position as our economy's commander-in-chief for a different role: pundit-in-chief.

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Shahien Nasiripour

Derivatives Bill Amended To Let Big Banks Keep Some Contracts Secret

HuffingtonPost.com | Shahien Nasiripour | Posted 10.21.2009 | Business

Read More: Derivatives Regulation, Bank Regulation, Banks, Derivatives, Derivatives Bill, Big Banks, Business News

The House Agriculture Committee approved legislation Wednesday beefing up regulation of the kind of opaque derivatives many blame for causing the fina...

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Is Your Blood Boiling at the Big Bankers? Go to Chicago

Mike Lux | Posted 10.21.2009 | Business

Read More: American Bankers Association, Chicago, Banking Industry, Big Banks, Financial Reform, Business News
Mike Lux

Have you seen the latest stories about the profits and bonuses of the biggest banks on Wall Street? If you want to do something about it, I'd recommend going to Chicago next week.

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Treasury To Big Banks: Repay Bailout Now

New York Times | Edmund Andrews | Posted 10.15.2009 | Business

Read More: Banks, Treasury, Treasury Department, Big Banks, Economy, Business News

Concluding that some of the nation's biggest banks are in good enough shape to raise capital from private investors, senior Treasury officials would l...

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Has Obama's Handling of the Bank Bailout Undermined Health Care Reform?

Arianna Huffington | Posted 10.16.2009 | Politics

Read More: Health Care Debate, Health Care, Bank of America, Chase, Bailout, Wells Fargo, Citibank, Big Banks Profits, Obama Bailout, Obama Health Care, Big Banks, Barack Obama, Ted Kennedy Death, Ted Kennedy, Politics News
Arianna Huffington

If we don't learn from the botched bank bailout, we are in danger of getting the same patchwork, reform-in-name-only outcome on health care.

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Banks 'Too Big to Fail' Have Grown Even Bigger

washingtonpost.com | David Cho | Posted 09.27.2009 | Business

Read More: Financial Crisis, Banks Getting Bigger, Bailout, Big Banks, Too Big to Fail, Economy, Business News

When the credit crisis struck last year, federal regulators pumped tens of billions of dollars into the nation's leading financial institutions becaus...

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Big Banks Still Hold FDIC Captive

Posted 09.21.2009 | Business

Read More: Bank Failures, Fdic, Economic Crisis, Bank of America, Big Banks, Wells Fargo, Business News

The FDIC, which was created to protect society from deposit runs, is no longer able to fulfill its mission because the biggest banks have grown far be...

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The Big Banks: How Low Will They Go?

Mike Lux | Posted 09.13.2009 | Politics

Read More: Wall Street, Big Banks, Financial Reform, Loans, Payday Lenders, 2009 Financial Crisis, Bancorp, Businessweek, Wells Fargo, Politics News
Mike Lux

Regulate them, prosecute them, and break them up are the only answers to keep big banks, those amoral leeches, from bringing our fragile economy down again.

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The Powers of the Big Banks

Mike Lux | Posted 07.17.2009 | Business

Read More: Banks, Wall Street, Stocks, Big Banks, Bonds, Too Big to Fail, Business News
Mike Lux

Progressives are keenly aware of all the political contributions the financial industry makes. But when you are as big as these behemoths, your power stretches far beyond campaign contributions.

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Take a Number B of A

Scott Foval | Posted 06.08.2009 | Business

Read More: Fraud, Bank of America, Credit, Bailout, President Barack Obama, Consumer Lending, ScottsBigMouth.Com, Oversight, Scottsbigmouth, Congress, Stimulus, Big Banks, Mad as Hell, Business News
Scott Foval

To B of A and the big 19: Take a number. We are in line in front of you, and your business doesn't deserve our tax money until you clean up your act.

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Mortgage Mayhem Misses Main Street Lenders -- How Come?

Bill Donius | Posted 02.16.2009 | Business

Read More: Banking, Housing Markets, Mortgages, Subprime Mortgages, Big Banks, Community Banks, Business News
Bill Donius

As a banker this news cycle has been depressing to witness. However, as depressing as it is for me, I can only wonder how dismaying it must be for the average, hard working taxpayer.

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