Regulatory Reform

Shahien Nasiripour

Trading Profits Up 11 Percent For Banks; JPMorgan Chase Leads The Way

HuffingtonPost.com | Shahien Nasiripour | Posted 12.18.2009 | Business


Despite controversy surrounding the financial instruments known as derivatives -- and legislation that might finally start to regulate them -- the nat...

Consumer Agency Should Include Auto Watchdog, Advocates Say

AP | EMERY P. DALESIO | Posted 12.10.2009 | Business


RALEIGH, N.C. — Consumer advocates argued Wednesday that Congress should include auto dealers under the oversight of a proposed finance industry...

Krugman: Obama Intimidated By Wall Street Scare Stories

The New York Times | Paul Krugman | Posted 11.23.2009 | Politics


A funny thing happened on the way to a new New Deal. A year ago, the only thing we had to fear was fear itself; today, the reigning doctrine in Washin...

Shahien Nasiripour and Ryan Grim

Senator Says Loophole In Derivatives Regulation Undermines Reform

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.20.2009 | Business


The effort to impose new restrictions on the financial system falls short of true reform if there's a gigantic loophole for foreign exchange derivativ...

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

McClatchy | Kevin G. Hall | Posted 11.13.2009 | Business


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

Sam Stein

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

HuffingtonPost.com | Sam Stein | Posted 11.13.2009 | Politics


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

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

thenation.com | William Greider | Posted 11.13.2009 | Business


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...

Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2009 | Business


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

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

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


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

Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business


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. ...

Why Growing Income Inequality Is Bad for America

Robert Creamer | Posted 10.27.2009 | Politics


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.

Executive Compensation: The Best Halloween Costume

Jill Schlesinger | Posted 10.26.2009 | Business


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.

Jeff Muskus

Consumer Financial Protection Act Passed By House Committee

HuffingtonPost.com | Jeff Muskus | Posted 10.22.2009 | Politics


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

Jason Linkins

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

HuffingtonPost.com | Jason Linkins | Posted 10.16.2009 | Business


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

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

Newsweek | Michael Hirsh | Posted 10.16.2009 | Business


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...

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

Yahoo Finance | Posted 10.13.2009 | Business


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

Jason Linkins

Bloomberg Reports Derivatives Regulatory Legislation Contains Large Loopholes

HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business


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...

Combating the Disease of Progressive Cynicism

Robert Creamer | Posted 10.08.2009 | Politics


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.

Jeff Muskus

Hoyer: Financial Reform Floor Vote Coming Next Month

HuffingtonPost.com | Jeff Muskus | Posted 10.06.2009 | Politics


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...

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

federalreserve.gov | Posted 12.01.2009 | Business


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

Just How Corrupt are the Bank Regulators?

Garrett Johnson | Posted 11.23.2009 | Business


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?

Don't Let Bankers Gut the Consumer Protection Agency

Tram Nguyen | Posted 09.06.2009 | Business


Tram Nguyen

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

Remember That Whole Thing About Fixing Our Financial System?

Arianna Huffington | Posted 09.06.2009 | Business


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.

Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 09.05.2009 | Business


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.