Too Big to Fail

Smaller Banks May Be Forced To Subsidize "Too Big To Fail"; Leading House Dem Wants To Change That

HuffingtonPost.com | Shahien Nasiripour | Posted 11.19.2009 | Business

Read More: Insurance Fund Too Big to Fail, Tbtf, Bank Failures, Too Big to Fail, Brad Sherman Bank Amendment, Brad Sherman, Financial Crisis, Business News

-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...

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My Testimony Before the U.S. Senate on Reforming Financial Market Regulation

Rob Johnson | Posted 11.18.2009 | Business

Read More: Senate Hearing, Wall Street, Financial Regulation, FInancial Markets, Too Big to Fail, Business News

Losses of wealth, lost employment and economic activity and bailouts totaling trillions of dollars around the world are strong evidence of the failed structures of financial markets in their current form.

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Too Big To Fail: House Proposal Would Allow Feds To Break Up Biggest Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 11.18.2009 | Business

Read More: Financial Crisis, House Too Big to Fail, Tbtf, Too Big to Fail, Too Big to Fail Banks, Business News

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...

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Winning the 2010 Elections

Mike Lux | Posted 11.18.2009 | Politics

Read More: Bernie Sanders, Banking Industry, Big Banks, 2010 Elections, Too Big to Fail, Economic Populism, Politics News

If Democrats shed their caution and become fighters, for jobs and health care and the middle class, they can pull off the same kind of surprise in 2010 that we pulled off in 1998.

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House Dems Sharpening 'Too Big To Fail' Bill

Reuters | Kevin Drawbaugh | Posted 11.18.2009 | Business

Read More: House of Representatives, Financial Reform, Too Big to Fail, Too Big to Fail Bill, Financial Regulation, House Financial Services Committee, Republicans, Business News

WASHINGTON (Reuters) - A key U.S. congressional panel moved toward toughening a plan for dealing with "too big to fail" financial firms on Tuesday, wh...

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'Too Big To Fail': Andrew Ross Sorkin-Lesley Stahl Interview (AUDIO)

wowOwow | Posted 11.17.2009 | Business

Read More: Bailout, Lehman Brothers, Too Big to Fail, Andrew Ross Sorkin, Henry Paulson, New York Times, Banks, Financial Crisis, Lesley Stahl, Dealbook, Business News

Andrew Ross Sorkin is a New York Times financial columnist, the editor of Dealbook, a popular financial blog, and most recently, the author of Too Big...

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Fed Chairman Blames Banks For Continued High Unemployment

HuffingtonPost.com | Shahien Nasiripour | Posted 11.16.2009 | Business

Read More: Ben Bernake, Too Big to Fail, John Reed, Paul Volcker, Mervyn King, Bank Lending, Tbtf, Paul Kanjorski, Bailout, Banks, Financial Crisis, Ben Bernanke, Glass-Steagall, Business News

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

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The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 11.13.2009 | Business

Read More: Tarp, Wall Street Bailout, Bailout, Paul Kanjorski, Wall Street, Financial Reform, Too Big to Fail, Financial Crisis, Financial Regulation, Business News

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

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Jamie Dimon, JPMorgan Chase CEO: Mega-Banks Should Be Allowed To Fail -- The Right Way

washingtonpost.com | Jamie Dimon | Posted 11.13.2009 | Business

Read More: Tarp, Bank Failure, JPMorgan Chase, Resolution-Authority, Bailout, Too Big to Fail, Banks, Federal Reserve, Jamie Dimon, Fiscal Policy, Business News

Our company, J.P. Morgan Chase, employs more than 220,000 people, serves well over 100 million customers, lends hundreds of millions of dollars each d...

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God to Goldman Sachs: You're Not Doing 'God's Work,' Joins Call for Protest at DC Headquarters

Art Levine | Posted 11.13.2009 | Business

Read More: Goldman Sachs, Nomi Prins, Barney Frank, Financial Reform, Banks, Obama, Dylan Ratigan, Too Big to Fail, Americans for Financial Reform, Public Citizen, Federal Reserve, Chris Dodd, Business News

Sources close to God reported Thursday that the Supreme Being was angered at recent comments by Goldman Sachs CEO Lloyd Blankfein that's he's just a banker "doing God's work."

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Byron Dorgan's Financial Plan: Common Sense From The Senator Who Saw This Coming

HuffingtonPost.com | Dan Froomkin | Posted 11.12.2009 | Politics

Read More: Financial Crisis, Too Big to Fail, Byron Dorgan, Politics News

He got it right last time. Senator Byron Dorgan, Democrat of North Dakota, was one of eight senators who stood up to oppose the repeal of the Glass-S...

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Lobbyists Fret Over Bank Break-Up Proposals

The Huffington Post | Jenna Staul | Posted 11.13.2009 | Business

Read More: Wall Street, Lobbyblog, Too Big to Fail, Financial Reform, Business News

The Hill reports that lobbyists for financial giants JPMorgan Chase, Citigroup and Prudential have held more than half a dozen meetings with lawmakers...

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State Regulators: Dodd's Bank Bill Creates Another 'Too Big To Fail' Problem

HuffingtonPost.com | Shahien Nasiripour | Posted 11.13.2009 | Business

Read More: Christopher Dodd, Dual Charter, Regulatory Reform, Financial Reform, Bank Charter, Financial Regulation, Conference of State Bank Supervisors, Csbs, Tbtf, Financial Crisis, Senate Banking Committee, Chris Dodd, Too Big to Fail, Transparency, Business News

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

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Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 11.07.2009 | Politics

Read More: Larry Summers, ny23, Regulation, Obama, Teaparty, New York 23, White House, Dede Scozzafava, Finance, Gop, Paul Volcker, Wall Street, Bill Owens, New York City, Michael Bloomberg, Financial Reform, Election Day 2009, H1N1 Vaccine, Ny-23, Doug Hoffman, Democrats, 2009 Elections, Bill Thompson, Main Street, Elections, Anger, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Republicans, Politics News

The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

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New Bill Would Keep Public In The Dark About Threats To Financial System

HuffingtonPost.com | Shahien Nasiripour | Posted 11.06.2009 | Business

Read More: Tbtf, Financial Reform, Barney Frank, Too Big to Fail, Financial Crisis, Mel Watt, Systemic Risk Regulator, Financial Stability, Systemic Risk, Gregory Meeks, Financial Regulation, Business News

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...

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Europe, the U.S. and breaking up the banks

Robert Teitelman | Posted 11.06.2009 | Business

Read More: Royal Bank of Scotland (NYSE:RBS), Neelie Kroes', Citigroup Inc. (NYSE:C), Lloyds Bank ( NYSE:LYG), Simon Johnson, Adair Turner, Glass-Steagall, Too Big to Fail, Business News

Now it gets interesting. With the recovery at least beginning, European and now British regulators are clearly leaning toward a more competitive banki...

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Too Big To Fail - Too Big To Exist

Sen. Bernie Sanders | Posted 11.06.2009 | Business

Read More: Banks, Corporate Greed, Too Big to Fail, Bernie Sanders, Financial Crisis, Business News

If any of the four largest financial institutions were to get into major trouble again, taxpayers would be on the hook for another massive bailout. We cannot let that happen.

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10 Years Ago Today, Congress Allowed For "Too Big To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | 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...

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Nouriel Roubini: 'Too Big To Fail' Revisited

forbes.com | Nouriel Roubini | Posted 11.05.2009 | Business

Read More: Mervyn King, Nouriel Roubini, Financial Reform, Too Big to Fail, Banks, Financial Crisis, Alan Greenspan, Paul Volcker, g20, Financial Regulation, Glass-Steagall, Business News

Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...

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Federal Reserve Loses Expanded Powers Proposed By Obama Administration

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business

Read More: Fdic, Occ, Tbtf, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Federal Reserve, Obama Administration, Comptroller of the Currency, Sheila Bair, Business News

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...

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Chris Dodd's New Legislation Would Strip Power From Fed, FDIC

wsj.com | DAMIAN PALETTA | Posted 11.05.2009 | Business

Read More: Fdic, White House, Barney Frank, Financial Reform, Federal Reserve, Chris Dodd, Ben Bernanke, Sheila Bair, Too Big to Fail, Barack Obama, Financial Regulation, Business News

WASHINGTON -- A key Senate lawmaker is readying legislation that would dramatically redraw how the financial system is regulated, setting the chamber ...

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Dylan Ratigan Outlines The 4 Steps To Fix The Banks (VIDEO)

The Huffington Post | Posted 11.04.2009 | Politics

Read More: Msnbc, Tim Geithner, Morning Meeting, Too Big to Fail, Dylan Ratigan, House Financial Services Committee, Politics News

On Wednesday morning on MSNBC's Morning Meeting, Dylan Ratigan railed against the current debate in the House Financial Services Committee about syste...

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One Year Later: The Post-TARP Questions We Should Be Asking

Dear John Thain | Posted 11.04.2009 | Business

Read More: Tarp, Wall Street, Bailout, TARP Money, Too Big to Fail, Economic Crisis, Banks, Obama TARP, Obama Bailout, Executive Compensation, Business News

While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.

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New "Too Big To Fail" Bill Gives Feds Power To Freeze Derivatives Contracts

HuffingtonPost.com | Shahien Nasiripour | Posted 11.03.2009 | Business

Read More: Fdic, Derivatives, Barney Frank, Too Big to Fail, Aig, Credit Default Swaps, Michael Krimminger, Goldman Sachs, Morgan Stanley, Tbtf, Lehman Brothers, Isda, Financial Crisis, Systemic Risk Regulator, Bear Stearns, Lehman Brothers Bankruptcy, Systemic Risk, Business News

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...

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Geithner's New Plan: Keep Backing Risky Investments, Paying Banks NOT to Lend

Art Levine | Posted 11.04.2009 | Business

Read More: Afl-Cio, Obama, Geithner, Too Big to Fail, Rihard Trumka, Financial Reform, Business News

Is Treasury Secretary Tim Geithner the new champion of real financial reform, fighting to rein in Wall Street and the big banks?

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Too Big to Fail

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