Phony Bipartisanship Won’t Fix Wall Street

I generally find Andy Kroll to be both a rigorous and persuasive journalist. He knows what he’s talking about on Wall Street reform, and he routinely pens informative yet approachable […]
Zach Carter
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Wall Street Showdown: Take Action!

The next few weeks will be crucial for the effort to rein in the Wall Street casino and hold the bailout barons accountable. Here’s a list of major Wall Street […]
Zach Carter
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Is Big Oil Standing Down On The Climate Bill?

While playing hardball seems to be working to maximize the chances for decent Wall Street reform, the finesse game appears to be working in the climate debate. On the heels […]
Bill Scher
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Democrats Show Some Backbone on Wall Street Reform

The political battle over Wall Street reform is finally being engaged in earnest. Senate Minority Leader Mitch McConnell (R-KY) has formally thrown in his party’s lot with the nation’s largest […]
Zach Carter
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WaMu: Rampant Fraud and Financial Collapse

There are two types of financial outrages: acts that are outrageously illegal, and acts that are, outrageously, legal. Yesterday’s Senate hearing on the rise and fall of Washington Mutual was […]
Zach Carter
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Liveblogging the Washington Mutual hearing

4:25 Levin is ripping Killinger on option-ARM delinquencies. WaMu performed a study concluding that option-ARMs were about to default like crazy, and right after that study, WaMu started pushing option-ARM […]
Zach Carter
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Labor Exec Shows How To Demolish Banking Industry Facade

The banking lobby, as corporate lobbies are wont to do, can build a wonderful Potemkin village of consumer delights, where a defanged government beholden to business interests smiles as unfettered […]
Isaiah J. Poole
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Wall Street Rules: The Bernanke Reappointment

The reappointment of Ben Bernanke as Chairman of the Federal Reserve — cleverly timed to defuse the news of burgeoning federal deficits — was preordained. The “markets” demanded it, and […]
Robert Borosage
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