Ted Kaufman

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

Jeff Connaughton | Posted 03.04.2012

Read More: Banking, Investing, Dow Jones, Securities and Exchange Commission, Wall Street, Ted Kaufman, Investors, Business News

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

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Time to Take a Hard Look at School Sports

Ted Kaufman | Posted 09.11.2011

Read More: Sports, College Sports, Ted Kaufman, Sports News

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.

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

Ted Kaufman | Posted 09.06.2011

Read More: Democrats, Republicans, Ted Kaufman, Debt Limit, Politics News

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

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Banks' 'No Snitch' Mentality Bad For Us All

Ted Kaufman | Posted 08.27.2011

Read More: Banks, Dodd-Frank Wall Street Reform, Wall Street, Ted Kaufman, Business News

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.

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

James Sunshine | Posted 08.06.2011

Read More: High-Frequency Trading, Goldman Sachs, Mary Shapiro, Wall Street, 60 Minutes, Ted Kaufman, Securities and Exchange Commission, SEC Chairman, New York Stock Exchange, Video, Business News

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...

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The Roadblocks To Wall Street Reform

ProPublica | Jesse Eisinger and Jake Bernstein | Posted 08.03.2011

Read More: 111th Congress, 2008 Financial Crisis, Wall Street, Dodd-Frank, Consumer Financial Protection Bureau, Barney Frank, Ted Kaufman, Chris Dodd, Barack Obama, Business News

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

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Greenspan Is Back to Lead the Charge Against Responsible Regulation

Ted Kaufman | Posted 06.21.2011

Read More: Ted Kaufman, Jamie Dimon, Alan Greenspan, Financial Reform, Politics News

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.

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Megabank Myths

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, ...

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

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Treasury Department, Ted Kaufman, Pay Czar, Wall Street Bonuses, Sigtarp, Wall Street Pay, Kenneth Feinberg, Executive Compensation, Obama Pay Czar, Business News

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

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

Chris Weigant | Posted 05.25.2011

Read More: Barbara Lee, Elizabeth Warren, White House, Mcconnell, Chief of Staff, President, One Nation Working Together, Pete Rouse, Warren, Rouse, Oct 2, Emanuel, Profanity, Midotw, Rally, Confirmation, Most Impressive Democrat of the Week, Rahm's Exit, Reid, Professional Left, murphy80, Lefty, In Session, Sex Ed, Kaufman, Budget, Congress, Joe Biden, Frank Lautenberg, Biden, Barack Obama, Enthusiasm Gap, Fucking Retarded, Lautenberg, Mddotw, Rahm Emanuel, Harry Reid, Abstinence Only, Senate, Quatloos, Vice President, Standard, Vice President Biden, President Obama, Mitch McConnell, Exit, Washington, Obama, March, Friday Talking Points, Whining, Most Disappointing Democrat of the Week, Rahm, Left, Lefties, House, Ted Kaufman, Abstinence, Lee, Contest, Chris Weigant, Sex, Recess Appointment, George W Bush, Takesake, Politics News

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...

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Ted Kaufman To Replace Warren On Bailout Oversight Panel

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Elizabeth Warren, Kaufman Wall Street, Congressional Oversight Panel, Kaufman Warren, Ted Kaufman, Politics News

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...

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

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Financial System, Bank Bailouts, Financial Reform, Ted Kaufman, Politics News

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...

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Lame Duck Senate Worries

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.

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

Ted Kaufman | Posted 05.25.2011

Read More: Robert Khuzami, Financial Fraud, Federal Bureau of Investigation, Department of Justice, Fraud Enforcement and Recovery Act, Securities and Exchange Commission, Ted Kaufman, Politics News

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?

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Captive Regulators Contributed to Oil and Financial Disasters

Ted Kaufman | Posted 05.25.2011

Read More: Bank Regulation, Regulatory Capture, Regulators, Senator Ted Kaufman, Ted Kaufman, Business News

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

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

Ted Kaufman | Posted 05.25.2011

Read More: The Financial Fix, Finance, Economy, Financial Reform, Ted Kaufman, Economic Crisis, Financial Crisis, Financial Regulation, Senator Ted Kaufman, Politics News

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.

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Friday Talking Points [122] -- Bikini Bottom Update

Chris Weigant | Posted 05.25.2011

Read More: Citizenship, White House, Tea Party, Job Loss, Monokini, Ron Paul, Regulatory, Connecticut, Reform, Sarah Palin, Primaries, Wall Street Reform, Bikini, Midotw, Brown, Chickens for Checkups, Most Impressive Democrat of the Week, Republican Party, Reid, The Pill, Making Love to Wall Street, Marco Rubio, Bp, Kaufman, Democrat, Congress, Big Government, Miranda, Democrats, Barack Obama, Election, Elections, Times Square, Terror, Mddotw, Rahm Emanuel, Million Jobs Per Month, Predator, Job, Mines, Financial, Harry Reid, Vacation, Cuba, Laser, Senate, Spongebob Squarepants, Bikini Chart, Bikini Graph, President Obama, Sherrod Brown, Economy, Jobs, Immigration, Bernie Sanders, Democratic, Obama, Arizona, Friday Talking Points, Republican, Lieberman, Chicken, Oil Spill, Ned Lamont, Most Disappointing Democrat of the Week, Rubio, Midterms, Graph, Arlen Specter, Jonas Brothers, Chart, Florida, Sue Lowden, Bikini Bottom, Primary, Rentboy, Ted Kaufman, Audit the Fed, Blanche Lincoln, Wedgie, Wall Street, Midterm, Chris Weigant, Palin, Deregulation, Brown Kaufman, Joe Lieberman, Small Government, Bikini Bottom Graph, Chuck Schumer, Politics News

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...

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Plutocracy vs. Democracy: Break Up the Big Banks Amendment Votes Will Expose the Real Divide in America

Paul Abrams | Posted 05.25.2011

Read More: Democracy, John McCain, Sherrod Brown, Maria Cantwell, Ted Kaufman, www.breakupthebigbanks.com, Big Banks, Glass-Steagall, Plutocracy, Business News

It is that simple. When considering a candidate to support in the 2010 elections, watch their votes on this issue.

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At Last! Simple New Test Shows if Your Politician's Telling the Truth About "Too Big to Fail"

Richard (RJ) Eskow | Posted 05.25.2011

Read More: SAFE Act, Steve Cohen, Sherrod Brown, Ted Kaufman, Too Big to Fail, Keith Ellison, Max Baucus, Alan Greenspan, Business News

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.

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Two Senators And Larry Summers On Bank Size

Baseline Scenario | Simon Johnson | Posted 05.25.2011

Read More: Dick Durbin, Larry Summers, Wall Street Reform, Ted Kaufman, Financial Crisis, Banks, Dodd Bill, Chris Dodd, Wall Street, Politics News

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...

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The President Has Spoken. Now Let's Help Him Act.

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Jame Dimon, Sherrod Brown, Financial Reform, Too Big to Fail, Ted Kaufman, Fdr, Franklin Roosevelt, Simon Johnson, Cooper Union Speech, Barack Obama, Politics News

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.

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Simon Johnson: Breaking Up The Banks

New York Times | Simon Johnson | Posted 05.25.2011

Read More: Simon Johnson, Financial Reform, Banks, Megabanks, Wall Street Crisis, Wall Street, Sherrod Brown, SAFE Banking Act, Economic Crisis, Ted Kaufman, Financial Crisis, Business News

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...

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Simon Johnson: Ted Kaufman Is Our Ferdinand Pecora

BusinessWeek | Simon Johnson | Posted 05.25.2011

Read More: Fraud, Pecora Commission, Senate, Congress, Goldman Sachs, Ferdidnand Pecora, Financial Reform, Wall Street Reform, Ted Kaufman, Financial Crisis, Obama, Dodd Bill, Business News

April 23 (Bloomberg) -- Much of the discussion around the Securities and Exchange Commission case against Goldman Sachs Group Inc. has focused on the ...

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Senate Votes For Wall Street; Megabanks To Remain Behemoths

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Megabanks, The Financial Fix, Sherrod Brown, Wall Street Reform, Financial Reform, Ted Kaufman, Christopher Dodd, Financial Crisis, Tbtf, Too Big to Fail, Business News

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...

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Big Fight Over Financial Reform

Mike Lux | Posted 05.25.2011

Read More: Financial Crisis, Economics, Dodd Financial Reform Bill, Big Banks, Financial Reform, Ted Kaufman, Business News

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.

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