Paul Volcker

Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 11.07.2009 | Politics


The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

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...

Nouriel Roubini: 'Too Big To Fail' Revisited

forbes.com | Nouriel Roubini | Posted 11.05.2009 | Business


Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...

A Systemic Risk Regulator and a Compensation Tsar? Larry Summers and Ben Bernanke Must Be Kidding

David Paul | Posted 11.03.2009 | Business


David Paul

With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.

Re-Regulating the Banks Is Change We Can Believe In

Trey Ellis | Posted 10.27.2009 | Business


Trey Ellis

Breaking up the banks to ensure that never again can the greedy few throw an entire planet into a Depression is not only a logical step but also smart, popular politics.

Breaking Up the Big Banks, and Why Congress Won't Do It

Robert Reich | Posted 10.27.2009 | Business


Robert Reich

Two ideas are floating around Washington regarding how to handle 'too big to fail' banks, but only one is supported by the Treasury and the White House. Unfortunately, it's the wrong one.

"Too Big To Fail" Legislation Is On The Way

New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics


A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...

Shahien Nasiripour

Former Citigroup CEO Says Banks Shouldn't Mix With Wall Street

HuffingtonPost.com | Shahien Nasiripour | Posted 10.23.2009 | Business


A former CEO of Citigroup says there should be "some kind of separation" between commercial banking and investment activities, joining a growing list ...

Obama Administration Determined to Usher in New Great Depression

Allison Kilkenny | Posted 10.21.2009 | Business


Allison Kilkenny

Whatever one thinks of Paul Volcker, any amateur historian can see that he's right to want to keep investment banking separate from commercial banking.

Paul Volcker: How Obama Is Tuning Out The Former Fed Chairman

nytimes.com | LOUIS UCHITELLE | Posted 10.21.2009 | Business


Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in hi...

Reading The Pictures: Volcker and the White House: Not Too Big To Flail

Michael Shaw | Posted 10.21.2009 | Politics


Michael Shaw

2009-10-21-1.jpgBeyond the pure shame of it, this photo of the Obama economic team is almost too painful to look at.

Volcker: China's Rise Underscores The Decline Of The U.S.

Bloomberg | James Tyson and Michael McKee | Posted 09.29.2009 | Business


Former Federal Reserve chairman Paul Volcker said the rise of China and other emerging economies has underscored a decline in the comparative economic...

Volcker: Obama Plans Maintain 'Too Big To Fail'

AP | DANIEL WAGNER | Posted 09.25.2009 | Business


WASHINGTON — A top White House economic adviser says the Obama administration's proposed overhaul of financial rules preserves the policy of "to...

America's Tax Crybabies

Diane Francis | Posted 10.16.2009 | Business


Diane Francis

To Canadians, and the rest of the free/developed world, an across-the-board sales tax is not only a no-brainer but, quite possibly, a world saver now.

The Babble Over Regulatory Reform, Cont'd

Robert Teitelman | Posted 07.17.2009 | Business


Robert Teitelman

Nobody just announces anything anymore. Before anyone in Washington can get lunch, it has to be leaked, briefed, previewed in speeches, summarized in ...

Obama's Economic Recovery Advisory Board To Hold First Meeting

AP | JIM KUHNHENN | Posted 06.18.2009 | Politics


WASHINGTON — The prime office space in the southeast corner of the Treasury building sits vacant four months into the Obama administration. Its ...

Volcker's 'Great Recession:' Unemployment Will Be Redefined

bloomberg.com | Matthew Benjamin and Rich Miller | Posted 06.04.2009 | Business


May 4 (Bloomberg) -- Post-recession America may be saddled with high unemployment even after good times finally return. Hundreds of thousands of jo...

Volcker: Economy 'Leveling Off,' No Need For More Stimulus

Bloomberg | Michael McKee | Posted 05.30.2009 | Business


The U.S. economy is "leveling off at a low level" and doesn't need a second fiscal stimulus package, said former Federal Reserve Chairman Paul Volcker...

Volcker: US, World In A 'Great Recession'

Bloomberg | Matthew Benjamin | Posted 05.24.2009 | Business


Former Federal Reserve Chairman Paul Volcker said the global economic slump is one of the worst in history. "The U.S., along with the rest of the wor...

Volcker: Economic Recovery A "Long Slog"

Reuters | Ros Krasny and Kristina Cooke | Posted 05.19.2009 | Business


Paul Volcker, senior economic adviser to President Barack Obama, said on Saturday that the U.S. economic recovery will be a "long slog" but that the r...

Obama Economic Board Has Yet To Hold Public Meeting

Politico | Posted 04.23.2009 | Politics


Six weeks after President Barack Obama appointed a blue-ribbon panel to help him dig America out of its economic crisis, the board has yet to hold an ...

Now and for the Long Run

Sen. Fritz Hollings | Posted 04.16.2009 | Politics


Sen. Fritz Hollings

The government, like households, must hunker down, stop spending where it can, and plug the hole of offshoring jobs in the ship of state.

Obama Getting Briefed By Volcker On Stimulus Plan's Effectiveness

AP | Posted 04.13.2009 | Politics


WASHINGTON — President Barack Obama on Friday acknowledged that many families are suffering "incredible pain" from the economy but said his gove...

Volcker: 'Shameful' That Treasury Is Understaffed

ABC | Posted 03.29.2009 | Politics


Sounding off on hiring problems that we reported earlier this week, a leading economic adviser to President Obama today said it was "shameful" that th...

Paul Volcker: Economic Crisis May Be Worse Than Great Depression

AP | EILEEN AJ CONNELLY | Posted 03.23.2009 | Business


NEW YORK — "Even the experts don't quite know what's going on." Speaking to a number of those experts Friday, Paul Volcker, a top economic advi...