As the regulations created by Dodd-Frank are chipped away, many are asking why the federal government is unable to enforce banking reforms even after the worst financial crisis since the Great Depression.
If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.
-- A survey finds fewer than one in four Americans trust the financial system and that confidence in large banks is eroding.
The latest quarterly su...
It is no exaggeration to say that since the 1980s, much of the financial sector has become criminalized, creating an industry culture that tolerates or even encourages systematic fraud.
There is moral rot in America but it's not found in the private behavior of ordinary people. It's located in the public behavior of people who control our economy and are turning our democracy into a financial slush pump.
NEW YORK -- The conviction of billionaire hedge fund manger Raj Rajaratnam on all 14 counts in a sprawling, unprecedented insider trading case will se...
It's certainly ironic that Issa's first act as head of the committee that investigates misuse of government funds seems to have been... to misuse government funds.
WASHINGTON -- More than a year into the gravest financial crisis since the Great Depression, millions of Americans have seen their home values and ret...
As the White House and Congress debate how to regulate financial firms to avoid another economic crisis, judges have assumed the point position in pun...