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Financial Sector

Time for Progressives to Stand Up Proudly for Government

Robert Creamer | Posted 10.20.2009 | Politics

Read More: Financial Sector, Government Takeover of Health Care, Barney Frank, Washington Post-ABC Poll, President Obama, Health Care Reform, Right Wing, Role of Government, Medicare, Role-of-Government, Health Insurance Reform, Politics News
Robert Creamer

Government is not always the solution, any more than it is always the problem. But in many cases, progressives know that it is more efficient, more effective and more consistent with the values of a democratic society.

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The Dominance of the Financial Sector Has Become a Mortal Danger to Our Economic Security

Robert Creamer | Posted 10.12.2009 | Politics

Read More: President Obama, Consumer Financial Protection Agency, Financial Sector, Credit Card Regulation, Financial Crisis, Pay Day Loan Industry, Economic Growth, Stock Market, Deriviatives, Breaking News, Financial Regulation, Politics News
Robert Creamer

The financial sector, including the big insurance companies, has morphed into a cancer growing on our economy -- a cancer that could easily strangle our prospects for long-term economic security.

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G-20: On a Wing and a Prayer

Michael Brenner | Posted 11.21.2009 | Politics

Read More: Financial Crisis, G-20 Summit, Financial Sector, Financial Reform, G-20, Politics News
Michael Brenner

Here is why we are likely to be disappointed by what happens in Pittsburgh: the outlook is for an emphasis on the superficial to mask collective inaction on the basics of a badly flawed system.

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Obama Must Tame Finance at G-20 Summit: Here's How

Ann Pettifor | Posted 11.09.2009 | Business

Read More: Debt, G20 Summit, Bank Lending, Deflation, Bailout, Financial Sector, Lending, Financiers, President Obama, Green New Deal, Aig, Monopolisation, Economic Recovery, Pittsburgh, g20, Business News
Ann Pettifor

We are in the middle of a monumental political conflict with very high stakes. On one side: politicians and regulators battling for the interests of middle-class Americans. On the other: the banks.

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Brokers Abandon Wall Street

Posted 06.06.2009 | Business

Read More: Brokers Leaving Wall Street, Financial Crisis, Wall Street Brokers Leaving, Wall Street, Economy, Financial Sector, Financial Industry Brokers, Brokers, Business News

The New York Times reported in April that the financial crisis was altering Wall Street as diminishing bonuses and loss of status (to say the least) a...

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It is All Obama's Fault: The Republican Twilight Zone

Jeff Schweitzer | Posted 04.07.2009 | Politics

Read More: Obama, Clinton, Rush Limbauh, Financial Sector, Economy, Bush, George Bush Legacy, Economic Crisis, Politics News
Jeff Schweitzer

Clinton gets no credit for his eight years of economic prosperity, Bush gets a pass on creating the worst crisis in generations, and Obama is to blame for everything. Is there something wrong with that story line?

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Stiglitz: The Fall of Wall Street Is to Market Fundamentalism What the Fall of the Berlin Wall Was to Communism

Nathan Gardels | Posted 10.17.2008 | Business

Read More: John McCain, McCain Economy, Lehman Bankruptcy, Financial Sector, Joseph Stiglitz, Lehman Brothers, Obama Economy, Economic Fundamentals, Mccain Fundamentals, Business News
Nathan Gardels

"Obama's diagnosis that our financial sector is in desperate shape is correct. And if it is in desperate shape, that means our economy is in desperate shape."

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Citi Merger "A Mistake," Says Dealmaker

Financial Times | Francesco Guerrera | Posted 04.12.2008 | Business

Read More: Vikram Pandit, John Reed, Citigroup, Wall Street, Financial Sector, Travelers Insurance, Citicorp, Business News

The landmark merger that created Citigroup was a "mistake" that failed to benefit the financial services conglomerate's investors, customers and emplo...

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