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Phil Angelides

Our Next Fed Chair, A Proven Fighter for All Americans: Sheila Bair

Raymond J. Learsy | Posted 11.17.2013 | Politics
Raymond J. Learsy

If this government finally wants to send a signal to Main Street that it is no longer in the embrace in the tentacles of Wall Street, there is one person who won her spurs in spirited confrontation with Wall Street's power brokers and can wear their enmity as a badge of honor.

Shahien Nasiripour

U.S. Faces New Threat From Washington

HuffingtonPost.com | Shahien Nasiripour | Posted 08.28.2013 | Politics

WASHINGTON -- Regulators overseeing the nation’s largest financial institutions are distrustful of their bosses, afraid to speak out, and feeling is...

The Unrepentant and Unreformed Bankers

Phil Angelides | Posted 10.20.2012 | Business
Phil Angelides

These days, the business sections of newspapers read like rap sheets. Money laundering. Price fixing. Bid rigging. Securities fraud. Talking about the mob? No, unfortunately. Wall Street.

Breaking the Code of Omertà at Goldman Sachs

Joseph A. Palermo | Posted 05.19.2012 | Business
Joseph A. Palermo

Greg Smith violated the ancient code of all mafia organizations: he spilled the game to the public. His former colleagues at Goldman Sachs no doubt now see him as a "rat."

Look Who Hopes To Turn A Profit From The Wrecked Housing Market

Reuters | Posted 03.14.2012 | Business

* Gordian Sword: "We just might do a good thing for America" * Jan. letter says success of firm rests on "secret formula" ...

Hold Banks to Account for Their Role in Crisis

Phil Angelides | Posted 11.12.2011 | Business
Phil Angelides

Three years after Wall Street came unhinged, there has been too little progress made in fixing our financial system so that it works for all Americans, not just the titans of finance, and there have been few consequences for those who drove our economy over the cliff.

Jason Linkins

Financial Crisis Inquiry Commission Report Creeping Onto Best-Seller Lists

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Business

It sounds pretty good to me that people are taking an interest in the commission's findings. If you'd like some recommendations for further reading on the subject, here are a few recommendations.

The Wall Street Empire Strikes Back

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The Financial Crisis Inquiry Commission just released its report, and it's already under attack by the Four Horsemen of the Economic Apocalypse: the Ideologue, the Lobbyist, the Think-Tanker, and the Politician.

The 10 Major Conclusions Of The Financial Crisis Commission

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

In a report released today, the Financial Crisis Inquiry Commission found that "reckless" Wall Street firms, an abundance of cheap credit and "weak" f...

Shahien Nasiripour

Financial Crisis Panel May Recommend Wall Street Prosecutions

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The bipartisan panel appointed by Congress to investigate the financial crisis has concluded that several financial industry figures appear to have br...

Dictionary, Please: Wall Street's Wallison Doubles Down on Doublespeak

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The Republicans on the Financial Crisis Inquiry Commission tried to undermine that group's work by attempting to ban phrases like "Wall Street" from its final report. Now they are trying to explain away their behavior.

The Soviet GOP: There's Something Red About This Whitewash

Rob Warmowski | Posted 05.25.2011 | Politics
Rob Warmowski

Some younger readers might need a refresher course in the workings of a thing called the Soviet Union. Republican apologists for Wall Street are doing their best to provide one.

Shahien Nasiripour

Financial Crisis Panel In Turmoil As Republicans Defect; Plan To Blame Government For Crisis

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The four Republicans appointed to the commission investigating the root causes of the financial crisis plan to bypass the bipartisan panel and release...

Shahien Nasiripour

FCIC Delays Report Despite Republican Opposition, Citing 'Very Powerful Interests' Seeking To Undermine Investigations

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The bipartisan panel created to investigate the roots of the financial crisis voted Wednesday to delay the Dec. 15 publication of their report despite...

CA State Debt TRIPLES Under Schwarzenegger

California Watch | Louis Freedberg | Posted 05.25.2011 | Los Angeles

This story comes courtesy of California Watch. By Louis Freedberg Despite Gov. Arnold Schwarzenegger's promises to reduce California's indebtedness,...

Shahien Nasiripour

Pandering To Clients, Firm Distances Itself From Wall Street Whistleblower's Testimony

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

When the former president and chief operating officer of Wall Street's foremost mortgage-loan due diligence firm testified under oath before a federal...

Shahien Nasiripour

New Proof Wall Street Knew Its Mortgage Securities Were Bad

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

During a little-noticed hearing this week in Sacramento, Calif., a firm hired by Wall Street to analyze mortgages given to borrowers with poor credit,...

Shahien Nasiripour

Two Top Investigators Leave Financial Crisis Commission

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Two senior staffers have quietly left the Financial Crisis Inquiry Commission, a panel working under a tight deadline that has been dogged by rumors o...

FCIC Threatens Goldman With Derivatives Audit

DailyFinance | MELLY ALAZRAKI | Posted 05.25.2011 | Business

While Goldman Sachs (GS) has settled Securities and Exchange Commission civil fraud charges over its Abacus synthetic collateralized debt obligation t...

Shahien Nasiripour

Hank Paulson's Wall Street Reform Proposals Stronger Than Pending Senate Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Former Treasury Secretary Henry Paulson outlined a number of "suggestions" Thursday to fix the nation's broken financial system and the outdated regul...

Shahien Nasiripour

Bear Stearns Execs Blame Outsiders For Firm's Failure

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Pressed to admit that Bear Stearns's over-leveraged, subprime-fueled nature was responsible for the failed investment bank's eventual demise, three to...

Shahien Nasiripour

Financial Crisis Commission Hearing UPDATES: Bear Stearns, SEC Officials Grilled

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

We've compiled breaking updates of the Financial Crisis Inquiry Commission's hearing today on "the shadow banking system." Today's testimony includes...

Shahien Nasiripour

Ex-Bear Stearns Chief Splits With Wall Street, Endorses Regulating Derivatives

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The former chief executive officer of failed investment bank Bear Stearns endorsed Congress's push to mandate federal re-regulation of derivatives. ...

Shahien Nasiripour

Discussing Oversight Failures, Federal Financial Regulators Do Little To Inspire Confidence

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Former top officials at the Securities and Exchange Commission did little Wednesday to affect the overall perception that the agency failed in its mis...

Shahien Nasiripour

Former Bear Stearns Chiefs, Ignoring Firm's Faults, Blame Collapse On 'Unjustified', 'Irrational', 'Unfounded' 'Rumors' And 'Speculation'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The former chiefs of failed investment bank Bear Stearns plan to tell an investigative panel Wednesday that the firm's demise was due to nothing more ...