Paul Volcker: 'The Savior Of Wall Street'
But then something unforeseen happened: Legendary Fed Chairman Paul Volcker, a hero to Wall Street reformers and scourge of megabanks, penned a letter...
But then something unforeseen happened: Legendary Fed Chairman Paul Volcker, a hero to Wall Street reformers and scourge of megabanks, penned a letter...
Tiffiniy Cheng | Posted 05.25.2011
We're conducting a whip count on the SAFE Banking Act amendment to the financial reform bill right now. You can help.
Simon Johnson | Posted 05.25.2011
The supporters of big banks will go down hard in November and in 2012; there are no secrets over this kind of time frame. But by then it will be too late for this cycle of financial reform.
Mike Lux | Posted 05.25.2011
I think everyone deserves a chance to defend themselves, no matter how low-life, greedy, scummy, and immoral they may actually be. So I'm glad that Lloyd Blankfein is doing a lot of complaining these days.
Miles Mogulescu | Posted 05.25.2011
Representatives Sherrod Brown and Ted Kaufman have introduced the "Safe Banking Act" which would put a hard cap of 3% of Gross Domestic Product on the assets of all bank holding companies.
Dylan Ratigan | Posted 05.25.2011
Once again, this financial "reform" process has brought into the light our politicians' brazen willingness to aid the same fraudsters who have brought a great nation to its knees.
Sally Kohn | Posted 05.25.2011
A hundred-plus everyday folks from Massachusetts paid a visit to their newly-elected Senator to ask him to live up to his "big tent" promises.
The Baseline Scenario | Simon Johnson | Posted 05.25.2011
Senator Ted Kaufman (D, DE) is best known these days for arguing that, as part of comprehensive financial reform efforts, our biggest banks need to be...
The New Republic | Noam Scheiber | Posted 05.25.2011