Trading Profits Up 11 Percent For Banks; JPMorgan Chase Leads The Way
Despite controversy surrounding the financial instruments known as derivatives -- and legislation that might finally start to regulate them -- the nat...
Despite controversy surrounding the financial instruments known as derivatives -- and legislation that might finally start to regulate them -- the nat...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
Robert Creamer | Posted 10.27.2009 | Politics
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.
Jill Schlesinger | Posted 10.26.2009 | Business
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.
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...
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...
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...
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...
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...
Robert Creamer | Posted 10.08.2009 | Politics
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.
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...
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...
Garrett Johnson | Posted 11.23.2009 | Business
Can we really expect the FDIC to effectively regulate the banks that have loaned them money so that they can do their job?
Tram Nguyen | Posted 09.06.2009 | Business
As history has shown, the only way to counter organized greed is to organize people.
Arianna Huffington | Posted 09.06.2009 | Business
"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.
Georges Ugeux | Posted 09.05.2009 | Business
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.
HuffingtonPost.com | Shahien Nasiripour | Posted 12.18.2009 | Business