Re-establishing a stable and transparent foundation, restoring trust and redirecting the focus of financial institutions to fulfill their social purposes will not happen through the legislative process alone.
In Part One of this essay, we mapped the tactile, political surface of financial reform - focusing on the ideas and behaviors of individual political ...
This is a two-part essay about the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a 2,300-page piece of legislation ...
"A spectre is haunting Europe." No, its not the revolution that Karl Marx supposed would come about. It is the simple act of removing all of our money from the big banks, and doing so en masse on the same day -- December 7th.
Wall Street is on track to pay its employees $144 billion this year, breaking a record for the second year in a row, the Wall Street Journal reports. ...
The "hot" trend on Wall Street, the Wall Street Journal reports, is to be boring.
In response to the soon-to-be-implemented international banking reg...
The Dodd-Frank Act, designed to prevent future financial crises, does little to improve investors' ability to analyze results at the five biggest U.S....
Hard as it may be to conceive, the complexity embedded in its over 2,000 pages of text is likely to be exceeded by the complications involved in the regulatory implementation of financial reform.
As a consumer advocate and a military brat, I have long been a huge fan and a lifelong member of USAA. USAA is an insurance company that was set up to...
Pay No Attention to the Banker Behind the Curtain: Why the Republican "Alternative" Leaves Wall Street Pulling the Strings
By John Taylor
I've a feel...
Senator Chris Dodd is a tactical legislative genius - keep this clearly in your mind during the days ahead. In terms of maneuvering for the outcomes he seeks, managing the votes, and controlling the floor, you have rarely seen his equal.
EVERY once in a while, Congress awakens from its lobbyist-induced torpor, realizes that the masses are cranky and sets out to appease them. Such a mom...
What Paul Krugman and other smart economists who don't prioritize breaking up these big banks don't seem to get is that anytime anyone gets too much power, good policy and sound economic theories and formulas all get trumped.
If after all the fanfare, photo ops, and promises to fight, the Obama administration shamefully doesn't manage to get the Volcker rules into an already weak financial reform bill, I hope Volcker doesn't wait until the next life to speak out.
Senator Chris Dodd has good political antennae. He knows that his financial reform bill will come under severe pressure because it has a weak heart -- the provisions that deal with "too big to fail" are simply "too weak to make any sense."
In this letter to the Senate, a dozen prominent economists express their support of Section 716 of the Financial Reform Bill, which would Prohibit fed...
Devotees of former Fed Chairman Paul Volcker may less than thrilled by the bill unveiled by Sen. Chris Dodd (D-Conn.)
Citigroup, for its part, doesn...
The Democratic Party needs to pick a fight, draw a line in the sand, and dare the Republicans to filibuster. Financial reform is the issue to do it on, and right now is the time to do it.
When Banking Committee Chairman Chris Dodd (D-Conn.) unveiled his initial financial regulatory reform bill in November, it included language the admin...
In a proposal set to be unveiled this afternoon, Sen. Chris Dodd (D - Conn.) anchors his latest financial reform bill around a relatively undiminished...
Several much-anticipated details of Sen. Chris Dodd's (D - Conn.) financial reform bill have been revealed, The New York Times and the Wall Street Jou...