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Too Big to Fail

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.

'Too Big To Fail' A Thing Of The Past, U.S. Regulators Tell Wall Street

Reuters | Posted 06.15.2013 | Business

* Federal Deposit Insurance Corp pushes bailout alternative * Analysts say bond investors starting to price in FDIC plan ...

Reports Find Breaking Up Big Banks May Drastically Increase Profitability

Reuters | Rick Rothacker | Posted 04.12.2013 | Business

(Reuters) - At least three Wall Street analysts this week have written reports about the possibility of the biggest banks breaking themselves up to bo...

Bair: Too Big To Fail May Be Over

Posted 04.11.2013 | Business

Sheila Bair says the era of too big to fail banks may be coming to an end. And she should know, since her former agency could be a big reason why. ...

Zach Carter

Senate 'Break Up The Banks' Bill Draws Wall Street Scorn

HuffingtonPost.com | Zach Carter | Posted 04.09.2013 | Politics

WASHINGTON -- Momentum to break up the nation's largest banks is building quickly on Capitol Hill, just weeks after a unanimous, symbolic vote in the ...

Shouldn't We Drug Test CEOs of Banks Receiving Federal Aid?

Steven Strauss | Posted 06.07.2013 | Politics
Steven Strauss

Conservatives demand mandatory drug testing of applicants for unemployment insurance and welfare benefits. Shouldn't senior executives of banks that receive federal aid also have to "pee in the cup"?

Senate Bill Would Rein In Too Big To Fail Banks

Quartz | Tim Fernholz | Posted 04.05.2013 | Business

Quartz: Senate staff are reviewing a draft of banking legislation that would raise equity funding requirements for financial institutions, pull the...

The Regulatory Nullification and the Cruelty of Big Business

Ralph Nader | Posted 06.05.2013 | Business
Ralph Nader

Despite negative public sentiment and the rise of the Occupy movement, the avarice on Wall Street arrogantly continues on. The big banks are now even bigger and more powerful than they were in 2008 when they were bailed out by the U.S. taxpayers.

#ChainedCPI? For Every Social Security Judas, a Primary Challenge

Robert Naiman | Posted 06.05.2013 | Politics
Robert Naiman

The only thing that can stop President Obama from cutting Social Security now is Congress. Therefore, the only thing that can stop President Obama from cutting Social Security now is public pressure on Congress to stand up to Obama and say no.

Are We Heading Towards Cyprus or Socialism?

Les Leopold | Posted 06.04.2013 | Business
Les Leopold

What will happen the next time the largest banks in America gamble their way into chaos? Will taxpayers bail them out again or will the "stakeholders" be forced to make up the losses?

Zach Carter

Wall Street's Political Payouts Higher For Those Voting To Deregulate

HuffingtonPost.com | Zach Carter | Posted 04.04.2013 | Politics

WASHINGTON -- The recent Wall Street deregulation push in Congress has been fueled by a significant disparity in campaign donations from big banks: Me...

Barclays Is Too Big To Fail, Or Manage

Mark Gongloff | Posted 06.03.2013 | Business
Mark Gongloff

A new report on how Barclays Capital ended up in its Libor mess is the latest evidence that banks that are too big to fail are also too big to manage.

Does Our Government Believe in Capitalism?

Bevis Longstreth | Posted 06.03.2013 | Politics
Bevis Longstreth

Political leaders uniformly give lip service to 'capitalism' as being the bed-rock principle on which our great nation rests. But careful examination of what our leaders have actually done, and are actually doing, when not boasting or fundraising, may lead one to different conclusions.

Break Up the Big Banks Before They Do Any More Harm

Allan Brawley | Posted 06.02.2013 | Business
Allan Brawley

Breaking up these huge banks that are too big to fail, jail, or be regulated seems to be the only option on the table right now and Senator Brown, along with Senator David Vitter, is leading the effort to do just that.

Obama Administration Faces Pressure On 'Too Big To Jail' Banks

The Huffington Post | Nick Wing | Posted 04.01.2013 | Politics

Activists will deliver petitions to Department of Justice offices around the country on Tuesday, calling on President Barack Obama to crack down on bi...

The Greatest Disappointment

Mike Lux | Posted 06.01.2013 | Politics
Mike Lux

There is a new report out once again reminding us of the greatest disappointment progressives have in the Obama administration: the lack of toughness in regards to Wall Street. Until the Obama administration fixes this problem, the rest of the economy is going to keep suffering.

Too Big to Jail Bank: I'm Sorry. Now Can I Go Back Out and Play?

Bartlett Naylor | Posted 05.29.2013 | Business
Bartlett Naylor

The Standard Chartered agreement with the Department of Justice actually anticipates dismissals of its crime. It states that if Standard Chartered denies its crimes, it must issue a new statement within five days after the government orders it.

Mark Gongloff

Bank Of America Best At Being The Worst

HuffingtonPost.com | Mark Gongloff | Posted 03.29.2013 | Business

This looks like it could finally be Bank of America's year. The No. 2 U.S. bank by assets has for the past four years finished in the top three of...

Senator Targets 'Too Big To Jail' Banks

The Huffington Post | Chelsea Kiene | Posted 03.28.2013 | Politics

Sen. Bernie Sanders (I-Vt.) is preparing to introduce legislation that would break up the notorious “too big to fail” banks, The Hill reported Wed...

Too Big to Jail?

Sen. Bernie Sanders | Posted 05.28.2013 | Politics
Sen. Bernie Sanders

No single financial institution should be so large that its failure would cause catastrophic risk to millions of American jobs or to our nation's economic wellbeing. And no institution in America should be above the law.

The Beginning of the End of Too-Big-to-Fail

Robert Weissman | Posted 05.28.2013 | Politics
Robert Weissman

A funny thing, wonderful in its own small way, happened last week. The Senate voted 99-0 in favor of an amendment to end subsidies to too-big-to-fail financial institutions. This vote is a harbinger of things to come -- if the public keeps ratcheting up pressure.

What Would Jesus Do? Jail the Bankers!

Carl Gibson | Posted 03.27.2013 | Politics
Carl Gibson

As Elizabeth Warren showed the world, the government officials trusted with the job of arresting bankers and bringing them to trial haven't done it and won't do it. So if you ask yourself, "What Would Jesus Do?", the answer is clear.

Big Banks Face $100 Billion Legal Tab (At Least)

The Huffington Post | Mark Gongloff | Posted 03.28.2013 | Business

You may think that being a too-big-to-fail bank is just one long, consequence-free romp, but it does come at some cost: an enormous and growing legal ...

Mark Gongloff

Senate Shows Unanimous Support For Ending Too-Big-To-Fail Subsidy

HuffingtonPost.com | Mark Gongloff | Posted 03.25.2013 | Business

In these hostile times, it's heartening to see there's still one thing able to bring Republicans and Democrats together: hating on banks. The U.S. ...

Bank on Being Bilked

Leo W. Gerard | Posted 05.25.2013 | Politics
Leo W. Gerard

Unless Americans step up the way Cypriots did and demand real regulation, as well as send the message that they don't trust Wall Street by moving their money to community banks and credit unions, they can bank on being bilked. Again.