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Six Key Fights for Wall Street Reform's Next Phase

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Thursday night's passage of Wall Street reform is an event to be celebrated, but several key issues remain in play as the House and Senate iron out differences between their respective versions of the legislation.

Shahien Nasiripour

Volcker: Regulators Can't Be Trusted To Act | Shahien Nasiripour | Posted 05.25.2011 | Business

Former Federal Reserve Chairman Paul A. Volcker criticized bank regulators Wednesday, saying Congress needs to specifically act to rein in Wall Street...

Shahien Nasiripour

Senator Calls For Aggressive Financial Reform, Deplores Current 'Incremental' Steps | Shahien Nasiripour | Posted 05.25.2011 | Business

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...

What's Still Worth Fighting for on Wall Street Reform?

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

The most important fight from here on out is protecting the surviving elements of the derivatives bill crafted by Sen. Blanche Lincoln. Lincoln's bill would force big banks who deal derivatives to spin off those operations into separate companies.

Shahien Nasiripour

Fed's Kocherlakota: Financial Reform Bill Can't End Bailouts Or 'Too Big To Fail' | Shahien Nasiripour | Posted 05.25.2011 | Business

Despite declarations from President Obama, his top aides and Democratic leadership that the pending financial reform bill in the Senate will forever e...

Shahien Nasiripour

Fresh Ideas From Leading Thinkers For True Financial Reform | Shahien Nasiripour | Posted 05.25.2011 | Business

What will it take to fix the nation's broken financial system? If anyone really knows for sure, it's the great minds gathering in New York for a confe...

Shahien Nasiripour

No Longer Too Big To Fail? Credit Rating Agency Thinks So | Shahien Nasiripour | Posted 05.25.2011 | Business

The giant credit rating agency Standard & Poor's issued a stark warning Tuesday to creditors of Citigroup and Bank of America, two firms that up until...

Shahien Nasiripour

Obama Announcement Revives Regulatory Push | Shahien Nasiripour | Posted 05.25.2011 | Business

President Barack Obama's new proposal to limit megabanks' trading activities wouldn't actually break up "too big to fail" institutions -- but it does ...

Shahien Nasiripour

Bailout Watchdog: Shutting Down TARP To Be Tricky, Government Does Not Have Plan To Address 'Too Big To Fail' | Shahien Nasiripour | Posted 05.25.2011 | Business

Of all the problems that plague TARP -- including its lack of transparency and disclosure, shifting goalposts, and an unclear purpose -- there's one t...

Shahien Nasiripour

State Regulators: Dodd's Bank Bill Creates Another 'Too Big To Fail' Problem | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Dylan Ratigan Dresses As Thomas Jefferson, Warns Against "Gambling Casinos" (VIDEO)

Posted 05.25.2011 | Media

On MSNBC's Morning Meeting on Friday, host Dylan Ratigan celebrated Halloween by donning a wig and dressing in revolutionary garb like his favorite Fo...

Shahien Nasiripour

Federal Reserve Loses Expanded Powers Proposed By Obama Administration | Shahien Nasiripour | Posted 05.25.2011 | Business

The pushback against an omnipotent Federal Reserve keeps growing. A top Congressional leader said Thursday that the Fed will not have the power to ov...

Congress and TBTF: Bring in the Bomb Squad

Joshua Rosner | Posted 05.25.2011 | Business
Joshua Rosner

This bill is one more act of sleight of hand by a Congress that, to the detriment of the public, fails to see that banks are there to serve the public good and can be regulated with such a goal.

Shahien Nasiripour

Smaller Banks May Be Forced To Subsidize "Too Big To Fail;" Leading House Dem Wants To Change That | Shahien Nasiripour | Posted 05.25.2011 | Business

-This story has been updated- A leading House Democrat plans to introduce Thursday a provision that would require those banks deemed "too big to fai...

Shahien Nasiripour

House Panel May Keep Public In The Dark About Emerging Threats To Financial System | Shahien Nasiripour | Posted 05.25.2011 | Business

Members of Congress and the general public may not be told of "potential emerging threats to the stability of the financial system," thanks to a Thurs...

Shahien Nasiripour

Frank Says "Too Big To Fail" Bill Will Be Changed | Shahien Nasiripour | Posted 05.25.2011 | Business

Democrats and Republicans ripped into Treasury Secretary Timothy Geithner during a Congressional hearing Thursday, as Geithner defended an administrat...

Shahien Nasiripour

Fed Chairman Blames Banks For Continued High Unemployment | Shahien Nasiripour | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...

Shahien Nasiripour

RT @huffbusiness New "Too Big To Fail" Bill Gives Feds Power To Undo Dangerous Derivatives Contracts | Shahien Nasiripour | Posted 05.25.2011 | Business

The "Too Big To Fail" legislation currently being debated by a House committee has been widely criticized as toothless. But one provision gives the fe...

Happy Halloween: Pay Curbs are a Trick on the Taxpayer, Not a Treat

Marshall Auerback | Posted 05.25.2011 | Politics
Marshall Auerback

The new pay regulations are ostensibly designed to try to align the financial incentives of managers with the longer-term performance of their firms. This measure reeks of bogus populism.

Shahien Nasiripour

Too Big To Fail: House Proposal Would Allow Feds To Break Up Biggest Banks | Shahien Nasiripour | Posted 05.25.2011 | Business

A key House Democrat released on Wednesday his much-awaited proposal to end "too big to fail": Let the federal government break them apart. Paul Kanj...

Shahien Nasiripour

10 Years Ago Today, Congress Allowed For "Too Big To Fail" | Shahien Nasiripour | Posted 05.25.2011 | Business

On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...

Too Big To Fail, Too Small To Survive

Huffington Post | Marcus Baram and Grace Kiser | Posted 05.25.2011 | Business

On Wall Street, they may be popping the champagne bottles over big bank profits this past quarter. But times are tough for small to mid-size banks aro...