In First Speech, Cordray Vows To Target Shadow Banking Industry
By Dave Clarke WASHINGTON, Jan 5 (Reuters) - In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray...
By Dave Clarke WASHINGTON, Jan 5 (Reuters) - In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray...
Peter Gardett | Posted 02.22.2012
Hundreds of millions of dollars have been committed to solar and wind projects in recent weeks, and while the end of the year often brings with it a s...
TIME | Stephen Gandel | Posted 08.27.2011
They're back. In the past few months, it appears, shadow banks, financial firms that make loans but aren't actual banks, seem to be making a come b...
The New York Times | SIMON JOHNSON | Posted 08.15.2011
The bank lobbyists have a problem. Last week, they lost a major battle on Capitol Hill, when Congress was not persuaded to suspend implementation of t...
Richard (RJ) Eskow | Posted 05.25.2011
If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.
Georges Ugeux | Posted 05.25.2011
Gary Cohn's position is obviously self-interested: nothing else should be expected from the Honorable firm. He and his peers recently increased their salary from $600,000 to $2,000,000!
Richard (RJ) Eskow | Posted 05.25.2011
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.
Rob Warmowski | Posted 05.25.2011
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.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
The four Republicans appointed to the commission investigating the root causes of the financial crisis plan to bypass the bipartisan panel and release...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
Former top officials at the Securities and Exchange Commission did little Wednesday to affect the overall perception that the agency failed in its mis...
SAFER | Posted 05.25.2011
William Black, University of Missouri, Kansas City James Crotty, Department of Economics, University of Massachusetts, Amherst Jane D'Arista, SAFER & ...
DK Matai | Posted 05.25.2011
Editor's Note: This post has been removed from the Huffington Post....
DK Matai | Posted 05.25.2011
Editor's Note: This post has been removed from the Huffington Post....
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
A senator is calling for the break-up of megabanks and a firmer separation between Main Street banking and Wall Street trading, joining the ranks of l...
nytimes.com | Paul Krugman | Posted 05.25.2011
This article on the continued troubles in credit markets was informative. But it raised a puzzle. Call me naive, but why does Fed policy seem to assum...
Saskia Sassen | Posted 05.25.2011
The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.
Reuters | Posted 03.06.2012