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Regulatory Reform

Dodd's Finacial Reform Bill Strips The Federal Reserve Of Too Much Power, Say Critics

McClatchy | Kevin G. Hall | Posted 11.13.2009 | Business

Read More: Economy, Senate Banking Committee, Regulatory Reform, Federal Reserve, Financial Crisis, Banking Crisis, Chris Dodd, Fiscal Policy, Transparency, Business News

WASHINGTON -- Senate Banking Committee Chairman Christopher Dodd's sweeping new financial overhaul legislation, which proposes to strip the Federal Re...

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Sam Stein

White House Official Feels 'Nervousness' About Dodd's Regulatory Plan

HuffingtonPost.com | Sam Stein | Posted 11.13.2009 | Politics

Read More: Chris Dodd Financial Regulation, Nervousness Goolsbee, Austan Goolsbee, Dodd Regulatory Reform, Regulatory Reform, Financial Regulations, Transparency, Politics News

(Updated with response from Dodd's office; see below.) One of the president's top economic advisers expressed concerns Friday that financial regulat...

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Derivatives Reform: 'Tricky Exceptions' Leave Market Unchecked: The Nation

thenation.com | William Greider | Posted 11.13.2009 | Business

Read More: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Economy, Derivatives, Barney Frank, Bank of America, Regulatory Reform, Obama Administration, Derivatives Trading, Financial Regulation, House Financial Services Committee, Citigroup, Transparency, Business News

The Obama administration promised to reform the financial system and make it safe for the rest of us, but recent Congressional action is more likely t...

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Shahien Nasiripour

State Regulators: Dodd's Bank Bill Creates Another 'Too Big To Fail' Problem

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2009 | Business

Read More: Christopher Dodd, Dual Charter, Regulatory Reform, Financial Reform, Bank Charter, Financial Regulation, Conference of State Bank Supervisors, Csbs, Tbtf, Financial Crisis, Senate Banking Committee, Chris Dodd, Too Big to Fail, Transparency, Business News

State bank regulators are warning that Senate Banking Committee Chairman Christopher Dodd's proposal to create one monolithic federal bank regulator w...

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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

Read More: Christopher Dodd, Paul Kanjorski, Chuck Shumer, Securities and Exchange Commission, Charles Schumer, Regulatory Reform, Derivatives, Floyd Abrams, Financial Crisis, Credit Rating Agencies, Sec, Chris Dodd, Huffington Posts Investigative Fund, Business News

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...

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Shahien Nasiripour

Derivatives Just "A Sophisticated Form Of Gambling," U.S. Senators Say; Propose Bill Allowing State Gambling Laws To Apply

HuffingtonPost.com | Shahien Nasiripour | Posted 11.10.2009 | Business

Read More: Ron Wyden, Cftc, Financial Reform, Regulatory Reform, Derivatives, Maria Cantwell, Derivatives Regulation, Preemption, Bernie Sanders, Financial Regulation, Gambling, Financial Crisis, Gary Gensler, Business News

In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...

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Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business

Read More: JPMorgan Chase, Bear Stearns and JPMorgan Chase, J.P. Morgan Chase, Washington Mutual, Too Big to Fail, Regulatory Reform, Office of Thrift Supervision, Ots, Financial Crisis, Aig, Jamie Dimon, Sifma, Financial Regulation, Business News

The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...

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Why Growing Income Inequality Is Bad for America

Robert Creamer | Posted 10.27.2009 | Politics

Read More: Howard Rosenthal, Jared Diamond, Aig, Cigna Insurance, Bi-Partisanship, Wall Street Bonuses, Distribution of Income, Nolan McCarty, Wall Street Bail Out, J.P. Morgan Chase, Public Option, Regulatory Reform, Political Polarization, Paul Krugman, Kevin T. Poole, Health Insurance Reform, Politics News
Robert Creamer

The CEO of the average company in the S&P Index makes $10.5 million. That means that on the first workday of the year, he (sometimes she) has made more than the minimum wage workers in his company will make all year.

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Executive Compensation: The Best Halloween Costume

Jill Schlesinger | Posted 10.26.2009 | Business

Read More: PBS Frontline, Regulatory Reform, Executive Compensation, Brooksley Born, Derivatives, Business News
Jill Schlesinger

Limiting executive compensation is a terrific way to appease the masses and make it look like you're doing something without having to embark on the hard work of true regulatory reform.

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Jeff Muskus

Consumer Financial Protection Act Passed By House Committee

HuffingtonPost.com | Jeff Muskus | Posted 10.22.2009 | Politics

Read More: Regulatory Reform, Consumer Financial Protection Act, Cfpa, Barney Frank, House Financial Services Committee, Video, Politics News

The proposed Consumer Financial Protection Agency took another step forward Thursday in the House, moving out of the Financial Services Committee -- a...

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Jason Linkins

Goldman Sachs's Black Magic: Take Two (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 10.16.2009 | Business

Read More: Video, Goldman Sachs, Regulatory Reform, Derivatives Reform, Financial Reform, Financial Crisis, Dylan Ratigan, Business News

Earlier today, on Morning Meeting, Dylan Ratigan attempted to demonstrate the way Goldman Sachs-- rescued from collapse a year ago by taxpayers -- man...

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Michael Hirsh: Barney Frank's Derivatives Bill "Too Hard To Understand"

Newsweek | Michael Hirsh | Posted 10.16.2009 | Business

Read More: Barney Frank Derivatives Bill, Wall Street Regulation, Wall Street, Economy, Financial Services Committee, Too Big to Fail, Barney Frank, Regulatory Reform, Derivatives Trading, Derivatives Bill, Economic Collapse, Too Hard to Understand, Financial Regulation, Business News

Thanks to weeks of intense pressure from Wall Street banks and their customers in corporate America, the bill that was approved on Thursday by Rep. Ba...

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Nader: Federal Reserve "Doesn't Even Know How To Spell Consumer Protection" (VIDEO)

Yahoo Finance | Posted 10.13.2009 | Business

Read More: Consumer, Elizabeth Warren, Regulatory Reform, Federal Reserve, US Chamber of Commerce, Consumer Protection, Ralph Nader, Business News

Consumer advocate and former presidential candidate Ralph Nader appeared on Yahoo Tech Ticker today to discuss President Obama's plan for a consumer f...

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Jason Linkins

Bloomberg Reports Derivatives Regulatory Legislation Contains Large Loopholes

HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business

Read More: Credit Derivatives, Regulatory Reform, Derivatives, Financial Regulations, Derivatives Reform, Barney Frank, Business News

Hey kids! Were you holding out hope that someone might do something to robustly regulate the derivatives market that wrought such wrack and ruin to th...

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Combating the Disease of Progressive Cynicism

Robert Creamer | Posted 10.08.2009 | Politics

Read More: Immigration Reform, President Obama, Public Option, Rahm Emanuel, Regulatory Reform, Dick Durbin, Nancy Pelosi, Health Care Reform, Harry Reid, Clean Energy, Progressive Movement, Labor Law Reform, Financial Sector Reform, Health Insurance Reform, Jim Messina, Health Care, Politics News
Robert Creamer

One thing I know for sure. If progressives constantly pronounce the public option dead -- it will be. The cynics will create a self-fulfilling prophecy.

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Jeff Muskus

Hoyer: Financial Reform Floor Vote Coming Next Month

HuffingtonPost.com | Jeff Muskus | Posted 10.06.2009 | Politics

Read More: Steny Hoyer, House Democrats, Regulatory Reform, Barney Frank, Financial Reform, Financial Regulatory Overhaul, House Financial Services Committee, Politics News

Look for financial regulatory reform to get a House floor vote in November, Majority Leader Steny Hoyer said Tuesday. "We expect to bring that bill t...

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Bernanke's 5 Ways To Fix The Financial System: READ His Prepared Congressional Testimony

federalreserve.gov | Posted 10.01.2009 | Business

Read More: Committee on Financial Services, US House of Representatives, Regulatory Reform, Federal Reserve, Ben Bernanke, Business News

Note: Below is the full text of Fed Chairman Ben Bernanke's prepared remarks delivered earlier today. Chairman Ben S. Bernanke Regulatory reform...

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Just How Corrupt are the Bank Regulators?

Garrett Johnson | Posted 09.23.2009 | Business

Read More: Corruption, Bank Regulation, Fdic, Deregulation, Regulatory Reform, Banks, Regulation, Financial Regulation, Office of Information and Regulatory Affairs, Business News
Garrett Johnson

Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?

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Don't Let Bankers Gut the Consumer Protection Agency

Tram Nguyen | Posted 09.06.2009 | Business

Read More: Regulatory Reform, Banks, Bailout, Financial Reform, Financial Crisis, Economy, Economic Crisis, Business News
Tram Nguyen

As history has shown, the only way to counter organized greed is to organize people.

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Remember That Whole Thing About Fixing Our Financial System?

Arianna Huffington | Posted 09.06.2009 | Business

Read More: Bailout Outrage, Elizabeth Warren, Wall Street Bailout, Derivatives, Credit Rating Agencies, Larry Summers, Reform, Bank Bonuses, Ron Paul Fed, Bailout, Wall Street, Consumer Financial Protection Agency, Fed Transparency Issues, Regulatory Reform, Timothy Geithner, Cfpa Obama, Executive Compensation, Wall Street Bonuses, Fed Audit, Financial Regulation, Business News
Arianna Huffington

"Everybody understands," Geithner said on This Week, "that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse." The problem is, it already has.

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Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 09.05.2009 | Business

Read More: Financial Regulatory Institutions, London, G20 Summit, Regulatory System, European Parliament, G20 CommuniquéS, Hedge Funds, Ratings Agencies, Stimulus Package, President Sarkozy, Prime Minister Gordon Brown, Wall Street, Tax Havens, Short Sales, " Council of Ministers, European Central Bank, Stress Tests, TARP Money, European Union, United States, Credit Cards, Oecd, France, Transparency, European Summit, German Chancellor Angela Merkel, Regulations on Compensation, Regulatory Reform, Sec, “Locusts”, President George W. Bush, Business News
Georges Ugeux

European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.

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Geithner Drops the F-Bomb! Reform Will Follow

Fortune's Stanley Bing | Posted 09.03.2009 | Business

Read More: Timothy Geithner, Regulatory Reform, Management, Profanity, Financial Crisis, Geithner Financial Reform, Financial Reform, Business News
<i>Fortune</i>'s Stanley Bing

Tim Geithner dropped the F-Bomb repeatedly the other day. And I think it's safe to say it's living proof that genuine regulatory reform is now on the way.

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The "Loan Arrangers" Will Not Ride Again

Rep. Barney Frank | Posted 08.29.2009 | Politics

Read More: Mortgage Crisis, Economy, Economic Crisis, Tarp, Theodore Roosevelt, New Deal, Woodrow Wilson, Barney Frank, Aig, Franklin Roosevelt, Merrill Lynch, Lehman Brothers, Joseph Kennedy, Regulatory Reform, Timothy Geithner, Ben Bernanke, Free Market, Wall Street Bonuses, Politics News
Rep. Barney Frank

We will prove that the best thing you can do for capitalism is to have rules that give investors the confidence to get back into the system, that protect the great majority of decent people from abuses.

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Has Health Care Killed Regulatory Reform?

Jill Schlesinger | Posted 08.24.2009 | Business

Read More: Health Care Reform, Bank Regulation, Regulatory Reform, Wall Street Regulation, Business News
Jill Schlesinger

The same lamebrain members of Congress who were all too happy to castigate every participant in the financial crisis don't have the energy to deal with solutions to help prevent the next one.

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Wall Street: Long Arrogance, Short Humility

Jill Schlesinger | Posted 08.15.2009 | Business

Read More: Regulatory Reform, Goldman Sachs, Wall Street Bailout, Goldman Sachs Bonuses, Wall Street, Wall Street Bonuses, Business News
Jill Schlesinger

Humility won't eradicate years of arrogance, but along with some much needed regulatory reform, it would go a long way to help all of us move beyond this painful period.

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