Paul Kanjorski

Shahien Nasiripour

Fed Chairman Blames Banks For Continued High Unemployment

HuffingtonPost.com | Shahien Nasiripour | Posted 11.16.2009 | Business


Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...

The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 11.13.2009 | Business


Rep. Paul Kanjorski

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

Wall Street Bank Lobby Faces 'Live Ammo' As Lawmakers Ponder Breaking Up Big Banks

bloomberg.com | Alison Vekshin and Robert Schmidt | Posted 11.12.2009 | Business


Nov. 12 (Bloomberg) -- Seven Wall Street lobbyists trooped to Capitol Hill on Nov. 9, hoping to convince Representative Paul Kanjorski's staff that hi...

How Credit Raters Fended Off Oversight From Congress And The SEC

Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 11.11.2009 | Business


Editor's Note: This is the second of three articles by the Investigative Fund on the credit rating companies. Read the first article here. When the n...

Shahien Nasiripour

10 Years Ago Today, Congress Allowed For "Too Big To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business


On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...

Shahien Nasiripour

Obama Administration Helps House Democrat Gut Post-Enron Reforms

HuffingtonPost.com | Shahien Nasiripour | Posted 11.03.2009 | Business


With the White House's blessing, a House panel voted Tuesday to water down a key post-Enron measure designed to protect investors. In a voice vote, m...

Arthur Delaney

Kanjorski Brings In Big Bucks From Wall Street, Declines To Reveal Guests At Fundraiser

HuffingtonPost.com | Arthur Delaney | Posted 08.23.2009 | Politics


Rep. Paul Kanjorski (D-Pa.), a senior member of the House Financial Services Committee, raised $164,500 from finance, insurance, and real estate inter...

AIG and the Rest of the Looters

Rick Horowitz | Posted 04.24.2009 | Business


Rick Horowitz

What if the regulators were better rewarded for their efforts? Much better rewarded? What if they could keep some hefty percentage of the proceeds of every scam they uncovered, every scheme they shut down?

Elijah Cummings Knew About $1 Billion in AIG Bonuses for "Months" -- Why Didn't Timothy Geithner?

Jane Hamsher | Posted 04.19.2009 | Politics


Jane Hamsher

Cummings' statements, if true, mean that many journalists have been fed a bill of goods by their "anonymous" administration sources.

Ryan Grim

Bipartisan Congressional Panel Calls For Reform Of Mark-To-Market Accounting Rules

HuffingtonPost.com | Ryan Grim | Posted 04.12.2009 | Politics


A bipartisan panel of legislators pressed for changes to mark-to-market accounting rules on Thursday, telling a trio of regulators that the accounting...

Ryan Grim

Mark-To-Market Accounting To Get Public Hearing

HuffingtonPost.com | Ryan Grim | Posted 04.05.2009 | Politics


Mark-to-market accounting is due to get a public hearing in March, Rep. Paul E. Kanjorski (D-Penn.) announced Thursday. The accounting practice requir...

Key Democrat Slams Stimulus, Predicts More Bailouts

The Hill | Posted 02.27.2009 | Politics


A key Democrat on Tuesday lambasted the economic stimulus bill that is headed to the House floor, claiming it was put together too quickly and won't h...