But then something unforeseen happened: Legendary Fed Chairman Paul Volcker, a hero to Wall Street reformers and scourge of megabanks, penned a letter...
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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.
We're conducting a whip count on the SAFE Banking Act amendment to the financial reform bill right now. You can help.
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.
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.
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.
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.
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...
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