Kaufman

Friday Talking Points [141] -- Rahm's Exit Contest Winner Announced

Chris Weigant | Posted 05.25.2011

Chris Weigant

I will begin today's column by drying a tear as we all wish Rahm Emanuel a fond farewell. Actually, I am lying. I am drying no tears for Rahm becaus...

Friday Talking Points [122] -- Bikini Bottom Update

Chris Weigant | Posted 05.25.2011

Chris Weigant

Since it's the Friday after month's-end, the new monthly unemployment numbers were released today. Which adds another bar to the "bikini bottom" char...

March on Wall Street Today Boosted by Goldman Sachs Hearing, GOP Filibuster Cave

Art Levine | Posted 05.25.2011

Art Levine

After the GOP folded, what's still up in the air is how meaningful any financial reform package needing a few Republican votes will be -- and whether there is support for breaking up too big to fail institutions.

Financial Debate Renews Scrutiny On Size Of Banks

New York Times | Posted 05.25.2011

As the debate over the regulatory overhaul heated up this week, a populist minority in both Congress and the Fed requested a revisit to the size issue...

Don't Protect Patent Lying

Daniel B. Ravicher | Posted 05.25.2011

Daniel B. Ravicher

There is no rational explanation for Senators Leahy, Sessions, Schumer, Hatch, Kyl and Kaufman's sudden rush to overturn a 150-year-old law that protects citizens against companies making false claims.

Senator: Which Part Of 'Too Big To Fail' Do You Not Understand?

Simon Johnson | Posted 05.25.2011

Simon Johnson

If a megabank shut-down under pressure was impossible for our policymakers last year, how exactly will the situation change after the Dodd bill passes?

Senator Kaufman: Fraud Still at the Heart of Wall Street

Simon Johnson | Posted 05.25.2011

Simon Johnson

Senator Ted Kaufman (D., DE) gave a devastating speech in the Senate on "too big to fail" and all it entails. A long public silence from our political class was broken -- and to great effect. Today's Dodd reform proposals stand in pale comparison to the principles outlined by Senator Kaufman. And yes, DE stands for Delaware -- corporate America has finally decided that its largest financial offspring are way out of line and must be reined in.

Senator Kaufman Was Right - Our Financial System Has Become Dangerous

The Baseline Scenario | Simon Johnson | Posted 05.25.2011

Senator Ted Kaufman (D, DE) is best known these days for arguing that, as part of comprehensive financial reform efforts, our biggest banks need to be...