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Financial Regulation

Much Ado About Almost Nothing

Michael Brenner | Posted 11.26.2009 | Politics

Read More: G-20-Financial-Crisis, Obama G-20, G-20 Summit, Financial Regulation, Iran Nuclear Weapons, Binyamin Netanyahu, Politics News
Michael Brenner

That's it, folks -- there ain't no more from the G-20 summit. The blood oaths of November and April to tackle head-on the practices that brought us to the brink of disaster are evidently gone with the wind.

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Popping Bubbles Isn't as Easy as You Would Think

Hale "Bonddad" Stewart | Posted 11.26.2009 | Business

Read More: Federal Reserve, U.S. Economy, Economic Bubble, Financial Regulation, Business News
Hale

The argument is if the Fed had acted more quickly regarding the housing market then the current problems would've been avoided. There's one problem: what's the exact definition of a bubble?

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Regulation? They're Banking on the Status Quo

Rick Horowitz | Posted 11.25.2009 | Politics

Read More: Plain Vanilla, Mortgages, Credit Cards, Hedge Funds, House Banking Committee, Senate Banking Committee, Financial Services Regulation, Barney Frank, Banking Regulation, Christopher Dodd, Richard Shelby, Financial Services Industry, Chris Dodd, Financial Regulation, Politics News
Rick Horowitz

There were those who expected the financial-services industry to slink away in embarrassment after the setbacks of the past year. These people misjudged us.

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A Bit of a Break from the Big Banks

Tram Nguyen | Posted 11.25.2009 | Business

Read More: Overdraft Fees, Banks, Overdraft Protection, Economy, Recession, Financial Regulation, Business News
Tram Nguyen

In the face of rising consumer outcry and outrageous stories reported in the media, legislators and regulators finally found the political will to make some moves to restrict overdraft protection.

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White House Waters Down Financial Reform Bill

Wall Street Journal | DAMIAN PALETTA and KARA SCANNELL | Posted 11.23.2009 | Business

Read More: White House, Banks, Democrats, Finance, Financial Regulation, Business News

Congressional Democrats and the White House are softening some elements of the Obama administration's proposal to overhaul financial-market supervisio...

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Just How Corrupt are the Bank Regulators?

Garrett Johnson | Posted 11.23.2009 | Business

Read More: Corruption, Bank Regulation, Fdic, Deregulation, Regulatory Reform, Banks, Regulation, Financial Regulation, Office of Information and Regulatory Affairs, Business News
Garrett Johnson

Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?

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For Whom the (Trading) Bell Tolls: Reforming Wall Street to Protect Main Street

Jared Bernstein | Posted 11.22.2009 | Business

Read More: Economy, Wall Street Crisis, Wall Street, Jared Bernstein, Financial Regulatory Overhaul, Financial Regulation, Business News
Jared Bernstein

It's all too easy to see why failing to reform our financial system could be devastating to the middle class. So the debate over financial regulatory reform must not be an isolated debate solely involving regulators and traders.

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We Need to Support Obama in Overhauling the Financial Industry, Before it's Too Late

John Atlas | Posted 11.15.2009 | Business

Read More: Obama Wall Street, Wall Street, Lehman Brothers, Financial Overhaul, Economy, Consumer Financial Protection Agency, Regulation, Financial Crisis, Financial Regulation, Business News
John Atlas

I believe its time for the government to exert tough new control over the financial services industry. Polls show that a majority of the American people agree.

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Four Questions About Obama's Financial Reforms

Eric Schurenberg | Posted 11.14.2009 | Business

Read More: Treasury Department, Sec, Bernie Madoff, Financial Reform, Financial Regulation, Business News
Eric Schurenberg

Pitting bureaucrats on government salaries against the most highly compensated people in the U.S. is a bit like sending cops with .38s onto the street against gangs armed with automatic weapons.

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A Virtuous Tax

Robert Kuttner | Posted 11.13.2009 | Politics

Read More: James Tobin, Populism, Adair Turner, Tobin Tax, Financial Regulation, Peer Steinbrueck, Financial Collapse, Politics News
Robert Kuttner

A little bit of populist retribution is overdue against the people who brought down the system -- and will bring it down again if the hegemony of the traders is not constrained.

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Exposing the Myth of Irrational Exuberance

Roberto G. Quercia | Posted 11.08.2009 | Business

Read More: Foreclosures, U.S. Economy, Foreclosure Crisis, Economy, Economic Crisis, Irrational Exuberance, Regulation, Home Foreclosures, Wall Street Crisis, Financial Meltdown, Wall Street, Financial Crisis, Global Financial Crisis, Foreclosure, Alan Greenspan, Financial Regulation, Business News
Roberto G. Quercia

Irrational exuberance? We think not. Market participants responding rationally to a range of short term economic incentives are the root causes of the crisis.

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SEC's Tough Talk Won't Stop Madoff Flim Flams

Earl Ofari Hutchinson | Posted 10.19.2009 | Business

Read More: Financial Industry, Senate, Congress, Sec, President Obama, Mary Schapiro, Pequot Capital, Madoff Scams, Bernie Madoff, Wall Street, Financial Regulation, Business News
Earl Ofari Hutchinson

Ensuring there's no more Madoff type shenanigans has less to do with the SEC having more money, more staff, and more rules than with having the political will to crack the whip on the Wall Street.

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Barney Frank Talks To The New Yorker's James Surowiecki (VIDEO)

Posted 10.18.2009 | Business

Read More: James Surowiecki, Housing Crisis, Health Care, Financial Regulation, Barney Frank, Business News

The New Yorker's James Surowiecki sat down with House Financial Services Committee chairman Barney Frank and talked financial regulation, health care ...

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Obama Considers Making Banks Pay Fees For New Regulations

bloomberg.com | Rebecca Christie | Posted 09.14.2009 | Business

Read More: JPMorgan Chase, Consumer Financial Protection Agency, Bank of America, Banks, Financial Regulation, Citigroup, Business News

Aug. 14 (Bloomberg) -- President Barack Obama's administration is considering raising fees on larger financial firms to help cover costs of new regula...

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Will The Banksters Kill Needed Financial Reforms?

Danny Schechter | Posted 09.12.2009 | Politics

Read More: Financial Reform, Banks, Bonuses, Bank Abuses, Barack Obama, Financial Regulation, Banking Crisis, Politics News
Danny Schechter

If the Banksters are not brought to heel, we will have survived this crisis only until the next one erupts.

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The Window Is Closing

Mike Lux | Posted 09.07.2009 | Politics

Read More: Arianna Huffington, 2009 Obama Administration, Consumer Financial Protection Agency, Economic Crisis, Financial Regulation, Politics News
Mike Lux

The window is closing on financial and health care reform. These are easily the biggest political tests of Obama's presidency, those that will determine whether his presidency is going to be a success.

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Remember That Whole Thing About Fixing Our Financial System?

Arianna Huffington | Posted 09.06.2009 | Business

Read More: Bailout Outrage, Elizabeth Warren, Wall Street Bailout, Derivatives, Credit Rating Agencies, Larry Summers, Reform, Bank Bonuses, Ron Paul Fed, Bailout, Wall Street, Consumer Financial Protection Agency, Fed Transparency Issues, Regulatory Reform, Timothy Geithner, Cfpa Obama, Executive Compensation, Wall Street Bonuses, Fed Audit, Financial Regulation, Business News
Arianna Huffington

"Everybody understands," Geithner said on This Week, "that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse." The problem is, it already has.

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Turf War Over Financial Oversight Plays Into Hands Of Lobbyists

New York Times | STEPHEN LABATON | Posted 08.24.2009 | Business

Read More: Financial Oversight, Economy, Financial Crisis, Financial Regulatory System, Geithner Bernanke, Turf War Financial Oversight, Geithner Bair, Financial Regulation, Business News

WASHINGTON -- The Obama administration scrambled on Friday to defend major elements of its plan to overhaul the nation's financial regulatory system i...

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Now for Something Really Scary

Mike Lux | Posted 08.13.2009 | Business

Read More: Goldman Sachs, Financial Bailout, 2009 Obama Administration, Financial Regulation, Business News
Mike Lux

Why does it scare me so much that Goldman Sachs made big money this last quarter? Because of how they made it.

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Returning to the Scene of the Crime

Andrew Reinbach | Posted 08.13.2009 | Business

Read More: Securitization, Bond Market, Wall Street, Investment Bankers, Financial System, Larry Summers, Financial Crisis, Ben Bernanke, Timothy Geithner, Mortgage-Backed Securities, Systemic Risk, Sub-Prime Mortgages, Financial Regulation, Business News
Andrew Reinbach

We can expect a new wave of mortgage-backed bond defaults to hit the headlines any day now.

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Wall Street's Collateral Damage (Before You Take Public Transportation, Ask Your Banker)

Les Leopold | Posted 08.09.2009 | Business

Read More: Npr, Wall Street Crisis, Wall Street, Collaterized Debt Obligations, Public Transportation, Economic Crisis, Financial Crisis, Washington Metro Crash, Bloomberg News, Financial Regulation, Business News
Les Leopold

As soon as anyone calls for tight controls on Wall Street, pundits and politicians rush to the defense of "financial innovation."

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Obama's Regulatory Plan Would Trim Back Financial Powerhouses

AP | JIM KUHNHENN | Posted 08.05.2009 | Business

Read More: Obama Administration, Goldman Sachs, Barack Obama, Jpmorgan, Financial Regulation, Citigroup, Business News

WASHINGTON — They are the biggest of the big _ the Citigroups, the Goldman Sachses, the AIGs and other financial behemoths. The Obama administra...

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NYT: Obama's Financial Reforms Don't Create "Comprehensive Change"

nytimes.com | Posted 07.30.2009 | Business

Read More: Congress, Obama, Obama Financial Reform Plan, Financial Reform, Financial Regulation, Business News

The Obama administration's financial regulatory reform proposal has had an inauspicious start. First, lawmakers from both parties gave it a lukewarm r...

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Martin Wolf: Why Obama's Financial Reforms Won't Work

ft.com | Martin Wolf | Posted 07.25.2009 | Business

Read More: Financial TImes, Wall Street Pay, Financial Crisis, Martin Wolf, Obama Financial Reform, Recession, Financial Regulation, Business News

Proposals for reform of financial regulation are now everywhere. The most significant have come from the US, where President Barack Obama's administra...

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Global Regulators Back Hedge Fund Registration

Reuters | Hue Jones | Posted 07.23.2009 | Business

Read More: Hedge Funds, Financial Crisis, International Organisation of Securities Commissions, Hedge Fund Regulation, Financial Regulation, Business News

LONDON (Reuters) - A global regulatory body backed compulsory registration of hedge fund managers on Monday to restore investor confidence, saying t...

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