The Glacial Response of the S.E.C. to the Rise of High-Speed Trading and Market Volatility
For those who want the Securities and Exchange Commission to fulfill its mission of protecting investors, the New Year brings more bleak reality.
For those who want the Securities and Exchange Commission to fulfill its mission of protecting investors, the New Year brings more bleak reality.
Ted Kaufman | Posted 09.11.2011
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.
Ted Kaufman | Posted 09.06.2011
It is ironic that the primary group arguing for voting against raising the debt limit claims to be fiscally responsible.
Ted Kaufman | Posted 08.27.2011
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.
James Sunshine | Posted 08.06.2011
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...
ProPublica | Jesse Eisinger and Jake Bernstein | Posted 08.03.2011
Early last year, as they weighed whether to bar banks from speculative trading with their own money, congressional staffers turned to a key regulator ...
Ted Kaufman | Posted 06.21.2011
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.
The New York Times | SIMON JOHNSON | Posted 05.31.2011
Back when it really mattered -- last spring, during the debate over the Dodd-Frank financial regulation -- Senator Ted Kaufman, Democrat of Delaware, ...
AP | DANIEL WAGNER | Posted 05.25.2011
WASHINGTON — The government's restrictions on pay at bailed-out banks had little lasting impact because officials soft-pedaled some issues and d...
Chris Weigant | Posted 05.25.2011
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...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
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...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
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...
Chris Weigant | Posted 05.25.2011
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.
Ted Kaufman | Posted 05.25.2011
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?
Ted Kaufman | Posted 05.25.2011
As we've learned over the last two years, when regulators fail, it is the American people who pay the price.
Ted Kaufman | Posted 05.25.2011
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.
Chris Weigant | Posted 05.25.2011
Since it's the Friday after month's-end, the new monthly unemployment numbers were released today. Which adds another bar to the "bikini bottom" char...
Paul Abrams | Posted 05.25.2011
It is that simple. When considering a candidate to support in the 2010 elections, watch their votes on this issue.
Richard (RJ) Eskow | Posted 05.25.2011
Here's the greatest benefit this new test offers to voters. It lets us say to politicians, once and for all, on one of the most crucial issues of our day, those words every citizen longs to say to a long-winded public servant: Put up or shut up.
Baseline Scenario | Simon Johnson | Posted 05.25.2011
Bank size is suddenly the issue of the day -- with politicians lining up to oppose any meaningful restriction on the size of our largest banks. Their...
Richard (RJ) Eskow | Posted 05.25.2011
Obama's speech walked a line between vision and reality. At times it seemed an internal dialog between the technocrat who sees the problems and how to fix them, and the pragmatist who wants to reap the rewards from whatever bill gets passed.
New York Times | Simon Johnson | Posted 05.25.2011
On Wednesday, Senators Sherrod Brown and Ted Kaufman unveiled a "SAFE banking Act" with a clear and powerful purpose: Break up the big banks. The pro...
BusinessWeek | Simon Johnson | Posted 05.25.2011
April 23 (Bloomberg) -- Much of the discussion around the Securities and Exchange Commission case against Goldman Sachs Group Inc. has focused on the ...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
A move to break up major Wall Street banks failed Thursday night by a vote of 61 to 33. Three Republicans, Richard Shelby of Alabama, Tom Coburn of O...
Mike Lux | Posted 05.25.2011
What Paul Krugman and other smart economists who don't prioritize breaking up these big banks don't seem to get is that anytime anyone gets too much power, good policy and sound economic theories and formulas all get trumped.
Jeff Connaughton | Posted 03.04.2012