WASHINGTON -- A bipartisan cadre of House lawmakers will move on legislation to deregulate Wall Street derivatives Wednesday, less than a week after S...
Running a gambling casino is actually a pretty simple, straightforward and honest business. You're closely regulated by the state gambling commission. But if you're Goldman Sachs, you can load the dice.
Tough regulation of derivatives moved through Blanche Lincoln's Agriculture Committee with the surprising support of Republican Charles Grassley (R-Io...
The reason the recent developments are so remarkable is that all reforms tend to weaken as they get closer to passage, as legislators hash out comprom...
The House Agriculture Committee approved legislation Wednesday beefing up regulation of the kind of opaque derivatives many blame for causing the fina...
The fight goes on in Washington to write new laws which creates a stable and transparent financial system. Wall Street and its influence is everywhere, even in guiding the actions of our congressman.
Thanks to weeks of intense pressure from Wall Street banks and their customers in corporate America, the bill that was approved on Thursday by Rep. Ba...
Recently several Republican representatives, including Scott Garrett, have questioned whether derivatives helped create the financial crisis. Did derivatives cause the financial crisis? You bet.
Bloomberg News reports Friday morning that the derivatives lobby has put a bug in the ear of the New Democrat Coalition.
JPMorgan Chase, Goldman Sach...