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Volcker Rule

Shahien Nasiripour

Rep For Foreign Bankers Physically Restrains HuffPost Reporter From Questioning Treasury Official

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A representative for a foreign bankers group forcefully prevented the press -- and physically restrained a Huffington Post reporter -- from attempting...

Good, Bad and Ugly in Financial Reform

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

With health care out of the way, regulation of the financial industry tops the reform agenda in Washington. New York has a lot on the line.

Paul Volcker: Do the Right Economic Thing

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Paul Volcker expresses himself in the measured language of a distinguished technocrat. But he is very worried about our current financial structure and where it is heading.

Paul Volcker, Former Fed Chief: Failing Banks Must Actually Fear They'll Be Allowed To Fail

AFP | 1 Hr 5 Mins Ago | Posted 05.25.2011 | Business

WASHINGTON (AFP) -- Failing US financial institutions must face the credible threat of government closure if reforms are to succeed, a key adviser to ...

Is Paul Volcker Barack Obama's Potted Plant?

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If after all the fanfare, photo ops, and promises to fight, the Obama administration shamefully doesn't manage to get the Volcker rules into an already weak financial reform bill, I hope Volcker doesn't wait until the next life to speak out.

Next, Banking Reform

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

It was a pleasure to see President Obama exercise some leadership and muscle towards health reform. Now, we need to see a similar display of presidential leadership on financial reform.

Scaling Back Our Bloated Financial Sector

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Individual oversized banks are not the only problem Big Finance poses to the economy -- the overall sector is much too large.

Shahien Nasiripour

Top Fed Official Says Megabanks Need To Shrink Or Crises Will Keep Occurring

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The U.S. financial system is tilted in favor of the biggest banks, compromising the "very foundation of the economic system" and putting the nation at...

The Volcker Rule: Bank Lobbyists Fight To Change 'Must' To 'May'

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

As you may just have heard the devil is in the details. Or, in the case of the latest push to reform Wall Street, the devil is in whether or not the d...

Friday Talking Points [124] -- How's That Libertarian Thingie Workin' Out For Ya?

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

We certainly have a lot of ground to cover this week, so let's dig right in. I'd like to start with a declaration, though: Bristol Palin is now fair g...

Daniel Gross: Senate Reform Bill Is Too Kind To Wall Street

Slate Magazine | Daniel Gross | Posted 05.25.2011 | Business

The Senate's passage Thursday night of extensive financial reform is being portrayed as a big loss for the financial sector. "No End to Banks' Capitol...

Six Key Fights for Wall Street Reform's Next Phase

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Thursday night's passage of Wall Street reform is an event to be celebrated, but several key issues remain in play as the House and Senate iron out differences between their respective versions of the legislation.

Compare Senate, House Financial Reform Bills: CFPA, Fed, Derivatives Differences

AP | The Associated Press | Posted 05.25.2011 | Politics

A comparison of the Senate and House financial regulation bills: ____...

Ryan Grim

Paul Volcker Supports Merkley-Levin Amendment To Senate Financial Reform Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Clearing up any confusion about where he stands, White House economic adviser Paul Volcker sent a simple note to Sens. Carl Levin (D-Mich.) and Jeff M...

Chris Dodd, Phil Gramm, and the Legacy of a Statesman

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

In the past 24 hours, Dodd appears to have been going to bat for Wall Street, not out of concern for any greater political good, but exclusively for the purpose of padding the profits of big banks.

In Defense of the Volcker Rule

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Some version of Wall Street reform is going to pass the Senate this week, but before it does, there are still three crucial battles to be waged, all of which would significantly change the way Wall Street does business.

Will The Volcker Rule Survive In Dodd's Bill? Citigroup Is Betting That It Won't

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Devotees of former Fed Chairman Paul Volcker may less than thrilled by the bill unveiled by Sen. Chris Dodd (D-Conn.) Citigroup, for its part, doesn...

Lincoln to the Rescue

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

Blanche Lincoln wants to force the banks to put their derivatives into separate entities that aren't subsidized by you and me. This is just common sense. But it's the biggest battle in financial reform right now.

Demand an "Up or Down Vote" On Real Financial Reform

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Instead of having politicians do their horsetrading in private and leaving the public vote until the end, let's have a public show of hands on the vital economic issues of our time.

What's Still Worth Fighting for on Wall Street Reform?

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

The most important fight from here on out is protecting the surviving elements of the derivatives bill crafted by Sen. Blanche Lincoln. Lincoln's bill would force big banks who deal derivatives to spin off those operations into separate companies.

Shahien Nasiripour

Senators Target Wall Street, With Goldman Sachs In Mind

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE : May 10, 2010 -- Senators Carl Levin (D-Mich.) and Jeff Merkley (D-Ore.) will offer their bill to restrict the trading activities of big banks...

Shahien Nasiripour

Wall Street Vet Involved In 1998 Long-Term Capital Management Bailout Says Nothing Has Changed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Ten years before this latest crisis, the U.S. government engineered the bailout of a financial firm that had borrowed billions of dollars to make big ...

Is Vikram Pandit in Favor of Real Reform?

James Kwak | Posted 05.25.2011 | Business
James Kwak

Testifying today before the TARP Congressional Oversight Panel, Vikram Pandit claimed that Citigroup is on the side of the angels -- in this case, the side of real financial reform.

Reid Cramer: Financial Reform In Five Steps

Mother Jones | Reid Cramer | Posted 05.25.2011 | Business

The big banks and their lobbyists are vigorously resisting a rewrite of their operating rules and working hard to insert loopholes and exclusions that...

White House Sends Volcker Rule To Congress

AP | Jim Kuhnhenn | Posted 05.25.2011 | Politics

WASHINGTON (AP) -- The Obama administration waded into negotiations over Wall Street regulations Wednesday, calling for limits on the size of financia...