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Too Big to Fail

Kindea Labs Animates Elizabeth Warren

Jonathan Ezer | Posted 01.25.2014 | Politics
Jonathan Ezer

Elizabeth Warren recently published an op-ed proposing a new law to address the root causes of the financial crisis. We liked it, so we animated it, using some of our latest techniques.

Clinton and Warren

Jeff Danziger | Posted 01.13.2014 | Politics
Jeff Danziger

2013-11-13-danzigclintonwarren1113.jpg

Luke Johnson

Warren Sounds BIG Warning About Financial System

HuffingtonPost.com | Luke Johnson | Posted 11.12.2013 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) warned in a speech Tuesday that the problem of banks considered "too big to fail" has only gotten worse ...

Shahien Nasiripour

New York Fed Chief Levels Explosive Charge Against Big Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 11.08.2013 | Business

The head of the Federal Reserve Bank of New York said Thursday that some of America’s largest financial institutions appear to lack respect for the ...

Zach Carter

Progressives Rally To Representatives' Call For Tougher Bank Rules

HuffingtonPost.com | Zach Carter | Posted 11.07.2013 | Politics

WASHINGTON -- Three members of Congress this week sent a letter to top federal regulators urging them to adopt tougher capital requirements for big ba...

Dear Banks: 'Giving Back' in Philanthropy Is Fine, But Also Give Us Back a Financial System We Can Trust

Carla Seaquist | Posted 01.23.2014 | Business
Carla Seaquist

A plea to the banks: Do "give back" in philanthropy. But also, please: Give us back a financial system that we can trust. Less penance after the fact, more virtue before. It will make for better business and for honest philanthropy.

Is the 'Too Big to Fail' Problem Too Big to Solve? (Last of Three)

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

One source of paralysis is the operating premise that government regulation of systemically important (SI) firms can eliminate the risk that any of them will fail. Not so.

Is the "Too Big to Fail" Problem Too Big to Solve? Part II

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

Disaster myopia is reinforced by "herding." Any one firm that elects to play it safe will be less profitable than its peers, making its shareholders unhappy, and opening itself to a possible takeover.

Is the "Too Big to Fail" Problem Too Big to Solve?

Jack M. Guttentag | Posted 11.11.2014 | Business
Jack M. Guttentag

The major objection to bailouts is less that the firms affected don't deserve it but that public funds are used for the purpose. If we had a way to require SI firms as a group to pay the cost of bail-outs, the too-big-to-fail problem becomes manageable.

Five Years Later: Wall Street Is Still At It

Ralph Nader | Posted 11.20.2013 | Business
Ralph Nader

President Obama is clearly aware of the risk associated with Wall Street misbehavior, but he has failed to champion significant reforms. Here are several suggestions that the president should consider.

How Wall Street Devoured the Recovery

Les Leopold | Posted 11.20.2013 | Business
Les Leopold

Our new economic era is characterized by the supremacy of financial capital which vacuums up the productive wealth of the nation, and then uses the nation's wealth as an insurance policy to pay for its inevitable losses.

On the 5th Anniversary of the Financial Crisis, 5 Critical Must Do's -- No. 1

Phil Angelides | Posted 11.19.2013 | Politics
Phil Angelides

Real reform of our financial system, and thus greater stability for our economy, cannot and will not occur unless action is taken to break up the country's biggest banks.

Jason Linkins

The Official 'Eat The Press' Financial Crisis Retro Reader

HuffingtonPost.com | Jason Linkins | Posted 09.17.2013 | Politics

Happy five-year anniversary of the financial crash and its attendant economic calamities, everyone! Where my class warriors at? Let's look back to ...

Mark Gongloff

CHART: Big Banks Are Bigger Than Ever

HuffingtonPost.com | Mark Gongloff | Posted 09.10.2013 | Business

Five years ago, the biggest U.S. banks were so terrifyingly big that they had to be bailed out by the U.S. government in order to survive a financial ...

Ex-Wall Street Titan: Break Up The Banks

The Huffington Post | Posted 09.09.2013 | Business

Sen. Elizabeth Warren (D-Mass.) has a friend in former Wall Street CEO John Reed. The former CEO of Citicorp, which merged with Travelers Insuranc...

Eleazar David Melendez

JPMorgan Would Be Worth More In Pieces, Analyst Says

HuffingtonPost.com | Eleazar David Melendez | Posted 08.26.2013 | Business

Breaking up JPMorgan Chase & Co. could make billions of dollars available to the economy and be a boon to the bank's own shareholders, according to on...

A Strong Dose of Mo Needed

Rev. Seamus P. Finn, OMI | Posted 10.23.2013 | Business
Rev. Seamus P. Finn, OMI

Slogans and promises alone will not be the solution. We need to get the rules and regulations that respond to real needs and to the needs of communities across the country.

In Defense of Nepotism and Classism at the New York Times

Keli Goff | Posted 08.21.2013 | Business
Keli Goff

I've been hard pressed to identify mainstream news outlets that qualify as bastions of true liberalism, actively devoted to advancing basic liberal principles such as racial and economic equality. I was reminded of this upon reading a recent column by Andrew Ross Sorkin.

Fed: Too Big To Fail Banks 'Have More Work To Do'

Reuters | Posted 10.19.2013 | Business

WASHINGTON, Aug 19 (Reuters) - Big banks must improve the way they determine how much capital they need to withstand any future crisis, the U.S. Fed...

7 Things About Prosecuting Wall Street You Wanted to Know (But Were Too Depressed to Ask)

Richard (RJ) Eskow | Posted 10.07.2013 | Politics
Richard (RJ) Eskow

Why haven't any bankers gone to jail? What's going on in this country? Here are seven things about Wall Street crime and Washington "justice" you might have wanted to know, but were probably too depressed to ask.

Why Is Obama Enabling a Fox to Guard the Fed Henhouse?

Jane White | Posted 10.06.2013 | Politics
Jane White

Is Larry Summers smart? Maybe, given that he became one of the youngest tenured professors at Harvard at age 28. But so what?

Commodities Are Different (in a "Full World"): Part 3

John Fullerton | Posted 09.29.2013 | Business
John Fullerton

Commodity market manipulation is fundamentally different and far more dangerous than the garden-variety manipulation of financial markets such as in single stock pump and dump schemes, or even the brazen manipulation of LIBOR. Nobody eats LIBOR.

Summers: The Courage to Say Yes to Wall Street?

Mike Lux | Posted 09.24.2013 | Politics
Mike Lux

Larry Summers is the wrong guy for the wrong job at the wrong time. This pick is terrible politics and worse substance.

After Costing Americans Billions, Federal Reserve Reexamines Banks' Commodity Speculation

Raymond J. Learsy | Posted 09.23.2013 | Business
Raymond J. Learsy

It is one of the grossest miscarriages of Wall Street power and government obeisance resulting in billions of consumer dollars going into the pockets of banks, hedge funds and traders producing and adding nothing to the economic wellbeing of the nation, other than lining their own pockets.

Want to Revive Glass-Steagall? Try This Wall of Separation Instead

Bill Frezza | Posted 09.22.2013 | Politics
Bill Frezza

A debate is raging on the left, the right, and even in libertarian circles on the best way to escape from the Too-Big-To-Fail quagmire. These days it ...