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Ted Kaufman

Putin's Folly

Ted Kaufman | Posted 07.09.2014 | World
Ted Kaufman

I had a conversation years ago with Grigory Yavlinsky, who lost to Putin in Russia's 2000 presidential election. When I asked what Putin was like, Yavlinsky said, "He has the mind of a mid-level KGB officer." That struck me as right then, and in the years since and especially in the last couple of months I think Yavlinsky has been proven right.

Time to Ratify the Global Disabilities Convention

Ted Kaufman | Posted 01.23.2014 | World
Ted Kaufman

The treaty requires countries that ratify it to begin to work toward standards on accessibility and infrastructure for the disabled similar to our own. One hundred and thirty-eight countries have now ratified the convention. The United States is not among them.

Obama's Big Bank Opportunity

Ted Kaufman | Posted 06.18.2013 | Politics
Ted Kaufman

The Obama administration has a big opportunity to get on the right side of history and finally do something about the size, complexity and riskiness of our very largest banks.

The Cruz Missile Gift to Democrats

Ted Kaufman | Posted 04.21.2013 | Politics
Ted Kaufman

The people of Texas have sent their very own Cruz missile to the Senate, set to destroy any remaining vestiges of moderate Republicanism and just about certain to alienate Republican-leaning independents everywhere.

Sen. Kaufman on JPMorgan Chase: Private Lawsuit Found Evidence the Feds Didn't

Richard (RJ) Eskow | Posted 04.09.2013 | Politics
Richard (RJ) Eskow

Think of it as the story of two antagonists. One of them was an honest senator who came to Washington to fight corruption. The other is an arrogant banker who's so sure of his untouchability that he wore "FBI" cufflinks when he made a public appearance last month.

Two Responsibilities -- Vote and Unite

Ted Kaufman | Posted 01.05.2013 | Politics
Ted Kaufman

I have voted in 14 presidential elections since my first, in 1960. Each time the candidates or their surrogates have told me "this is the most important election of your lifetime." Well, this week we will finally have the election that actually fits that description.

Wall Street Accountability and the Election

Mike Lux | Posted 12.26.2012 | Politics
Mike Lux

There is finally, finally, finally some momentum starting to build toward accountability for the biggest banks. The results of the election will determine whether it continues to build or completely fades away.

Jennifer Bendery

Joe Biden Debate: Expect 'Pitbull' Focused On Sharp Policy Contrasts, Say Insiders

HuffingtonPost.com | Jennifer Bendery | Posted 10.11.2012 | Politics

DANVILLE, Ky. -- The Obama campaign isn't providing many details about what to expect from Vice President Joe Biden in Thursday night's debate with Re...

Wall Street Lobbies to Prevent SEC Changes to High Frequency Trading and Stock Market Structure

Jeff Connaughton | Posted 08.23.2012 | Business
Jeff Connaughton

As a former lobbyist, I almost had to admire the way they unswervingly stayed on message. And the message was that the status quo was good for everyone and that Ted and I were wasting our time exploring whether market changes might call for statutory and regulatory changes.

The Glacial Response of the S.E.C. to the Rise of High-Speed Trading and Market Volatility

Jeff Connaughton | Posted 03.04.2012 | Business
Jeff Connaughton

For those who want the Securities and Exchange Commission to fulfill its mission of protecting investors, the New Year brings more bleak reality.

Time to Take a Hard Look at School Sports

Ted Kaufman | Posted 09.11.2011 | Sports
Ted Kaufman

How do we persuade teenagers that academic, rather than athletic, excellence is a lot more likely to result in a successful life and, yes, financial rewards? The people who run college sports are not helping.

Time to Get Serious -- the Debt Limit Is No Game

Ted Kaufman | Posted 09.06.2011 | Politics
Ted Kaufman

It is ironic that the primary group arguing for voting against raising the debt limit claims to be fiscally responsible.

Banks' 'No Snitch' Mentality Bad For Us All

Ted Kaufman | Posted 08.27.2011 | Business
Ted Kaufman

Almost everyone I talk to privately in the financial industry says there are six mega-banks that should be broken up or subjected to greater regulatory constraints -- and that doing so wouldn't hurt the economy one bit. But they're all too scared to break ranks publicly.

Computers, Not Traders Now Make Vast Majority Of Wall Street Trades

James Sunshine | Posted 08.06.2011 | Business

Computers are king, even on Wall Street. Today, close to 70 percent of all the trades on Wall Street are conducted by high-frequency traders, or s...

The Roadblocks To Wall Street Reform

ProPublica | Jesse Eisinger and Jake Bernstein | Posted 08.03.2011 | Business

Early last year, as they weighed whether to bar banks from speculative trading with their own money, congressional staffers turned to a key regulator ...

Greenspan Is Back to Lead the Charge Against Responsible Regulation

Ted Kaufman | Posted 06.21.2011 | Politics
Ted Kaufman

Wall Street bankers, with help from key Republicans in the House and Senate, have begun a major campaign across the country to kill the regulations currently being developed to enforce Dodd-Frank Wall Street Reform.

Megabank Myths

The New York Times | SIMON JOHNSON | Posted 05.31.2011 | Business

Back when it really mattered -- last spring, during the debate over the Dodd-Frank financial regulation -- Senator Ted Kaufman, Democrat of Delaware, ...

'Pay Czar's' Rules Had Few Lasting Effects, Watchdog Says

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The government's restrictions on pay at bailed-out banks had little lasting impact because officials soft-pedaled some issues and d...

Friday Talking Points [141] -- Rahm's Exit Contest Winner Announced

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

I will begin today's column by drying a tear as we all wish Rahm Emanuel a fond farewell. Actually, I am lying. I am drying no tears for Rahm becaus...

Ryan Grim

Ted Kaufman To Replace Warren On Bailout Oversight Panel

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Ted Kaufman, the outgoing Delaware senator who battled to break up major banks the past year, will replace Elizabeth Warren as chair of the Congr...

Ryan Grim

Ted Kaufman Exit Interview: 'The System Is So Awful'

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

Appointed as a two-year caretaker to keep Joe Biden's seat warm for his son Beau Biden, Delaware's Ted Kaufman turned out to be one of the biggest sur...

Lame Duck Senate Worries

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

While most incoming members of Congress will get sworn in on the traditional timeline, there are a handful who will be sworn in immediately. This could alter the balance of power between the parties for the "lame duck" session.

Financial Fraudsters Beware -- Breuer, Khuzami, Perkins Are Still on the Case

Ted Kaufman | Posted 05.25.2011 | Politics
Ted Kaufman

I will say now that I'm frustrated. We have seen very little in the way of senior officer or boardroom-level prosecutions of the people on Wall Street who brought this country to the brink of financial ruin. Why is that?

Captive Regulators Contributed to Oil and Financial Disasters

Ted Kaufman | Posted 05.25.2011 | Business
Ted Kaufman

As we've learned over the last two years, when regulators fail, it is the American people who pay the price.

The Wall Street Reform Bill: How Much Did We Lose Getting to 60?

Ted Kaufman | Posted 05.25.2011 | Politics
Ted Kaufman

The financial reform bill places enormous responsibilities and discretion into the hands of the regulators. Its ultimate success or failure will depend on the actions and follow-through of these regulators for many years to come.