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Glass Steagall

UBS Hit Shows Risks of Casino Investment Banks

John Tepper Marlin | Posted 11.16.2011 | Business
John Tepper Marlin

I'm reading about the arrest in London of Kweku Adoboli of the Swiss investment bank UBS. I'm at the Randolph Hotel in Oxford, overlooking Balliol Col...

Reset Equity-Risk Formula for Banks

Mark J. Perry and Robert Dell | Posted 10.01.2011 | Business
Mark J. Perry and Robert Dell

A century or more ago, banks were capitalized more like REITs are today, holding equity of at least 30 percent of assets.

Stimulating a Dead Economy

Jim Worth | Posted 08.17.2011 | Business
Jim Worth

The U.S. economy is surviving only because of over-stimulation. We're living on fumes in this country, and the pursuit of happiness has come to an end for millions of families.

Zombie Economics

Glenn C. Altschuler | Posted 07.23.2011 | Books
Glenn C. Altschuler

Age of Greed is clumsily-written and repetitious. It does not pay sufficient attention to structural problems and global challenges to America's economy. Nor does it provide clearly delineated alternatives to the misguided policies of the past.

The Saccharine Republican Ire

Joseph A. Palermo | Posted 05.31.2011 | Politics
Joseph A. Palermo

Republican ire and calls to "take the country back" are confusing because for quite some time now the Right has set the agenda and has defined the parameters of what is politically possible in this country.

The Knotty Problem of Partial Regulation

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Today there's sensitivity to the dangers of regulatory arbitrage when regulatory regimes widely vary either nationally or internationally -- although, so far, there are few answers to resolve this beyond gestures toward coordination.

Mourning the Silence of True Liberalism

Byron Williams | Posted 05.25.2011 | Politics
Byron Williams

Somewhere between the civil rights movement and the anti-Vietnam protest, liberalism lost its voice. And by tangible indicators it has yet to regain its voice -- at least not in any comprehensible way.

Complexity Theory and the Failure of Financial Reform: Part Two

Peter Schwartz | Posted 05.25.2011 | Politics
Peter Schwartz

In Part One of this essay, we mapped the tactile, political surface of financial reform - focusing on the ideas and behaviors of individual political ...

Complexity Theory and the Failure of Financial Reform: Part One

Peter Schwartz | Posted 05.25.2011 | Politics
Peter Schwartz

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 ...

Bringing Back Those Old-Time Regulations

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Amar Bhidé recently offered up a deceptively simple solution to bank regulation when we proposed a cap on retail deposits. But was he also implicitly proposing something else?

A Few Lessons From the Crisis

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The last few years have experienced an amazing outpouring of commentary, debate, invective, blather and, yes, some serious reflection about the crisis, what caused it, who was responsible for it and how can we fix it so it never never never happens again. Or at least not for a while. Having emerged, like a shaggy dog from a muddy pond, what have we learned? I

8 Best Banking Trends of 2010

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

It seems the words "good news" and "banking" haven't gone in the same sentence since the start of the financial crisis. But in truth, there were many positive banking developments this year.

Return of the Great Triangulator

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

How desperate is Obama that he would turn to the great triangulator, Bill Clinton, who opened the floodgates to banking greed, for validation of the sorry opportunistic hodgepodge that passes for this administration's economic policy?

The McLaughlin Group: It's the "Professional Left's" Fault

Joseph A. Palermo | Posted 05.25.2011 | Media
Joseph A. Palermo

When Obama's agenda began to peter out under the weight of Republican obstructionism and his own tendency to play it safe, it was the Democratic base that worked the hardest trying to prevent him from falling.

Will We Finally Get a Seat at the Table? Help Pick a Replacement for Larry Summers

David Segal | Posted 05.25.2011 | Business
David Segal

There are countless progressive economists who advocate for higher minimum wages, tighter financial regulation, fair trade agreements, and an economy that generally works for you and me.

Movie Review: Inside Job

Marshall Fine | Posted 05.25.2011 | Entertainment
Marshall Fine

Inside Job explains complex ideas with a clarity and skill that make them comprehensible to anyone willing to pay attention. But Charles Ferguson does it in a way that doesn't dumb things down.

Notarize This: The Brewing Foreclosure Storm

Jennifer Brunner | Posted 05.25.2011 | Business
Jennifer Brunner

The notary process must not be abused or bypassed when convincing a court to foreclose on a mortgage, evict its inhabitants and sell their home.

It's Their Party

Neil McCarthy | Posted 05.25.2011 | New York
Neil McCarthy

The country is in desperate need of moderate Republicans, nowhere more so than here in New York. The GOP has morphed into the Tea Party, an amalgam of the very angry and the apparently inept.

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Wall Street Reform: Five Key Fights After the Bill Is Signed

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

The Wall Street bill has much to be said for it, but the unfortunate truth is that it ducks several of the most critical reforms needed to protect our economy from banker abuse.

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Overhauling the Banking and Financial Institutions

Warren Ballentine | Posted 05.25.2011 | Politics
Warren Ballentine

Given Congress' need to find a scapegoat for the financial meltdown of the Great recession other than itself, it will no doubt make a least a cosmetic effort at financial reform.

Plutocracy vs. Democracy: Break Up the Big Banks Amendment Votes Will Expose the Real Divide in America

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

It is that simple. When considering a candidate to support in the 2010 elections, watch their votes on this issue.

Reagan Was Wrong: The Nine Most Terrifying Words Are, "I'm a Libertarian and the Market Will Save You"

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

I don't agree with Reagan. I'm not scared of the government trying to help. But I am terrified of an unfettered free market.

No More Deceit -- Strictly Regulate Wall Street

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

If McConnell-style deceit about the financial reform bill continues in the Senate, serious regulatory reform won't happen. Half measures won't work. Only robust financial reform will end Wall Street's freedom to deceive.