Bailout


Zach Carter's picture

Robbing The Middle Class: Republican 'Pledge' Lets Wall Street Off The Hook

I didn't expect to see serious economic policy discussions in the "Republican Pledge To America," but even by Washington, D.C. standards, this document is staggeringly disingenuous. more »

More »»


Zach Carter's picture

Bankers Broke The Economy And Got Rich Doing It

Today’s absurd William Cohan column actually argues that we don’t need consumer protections in banking—nevermind the subprime explosion, the $8 trillion dollar housing bubble or the 1.2 million foreclosures expected this year. more »

More »»


Zach Carter's picture

Crony Capitalism: Wall Street's Favorite Politicians

A full 90 members of Congress who voted to bailout Wall Street in 2008 failed to support financial reform reining in the banks that drove our economy off a cliff. more »

More »»


Zach Carter's picture

Will Wall Street's Foreclosure Fraud Save Troubled Borrowers?

I'll have plenty to say about the escalating foreclosure fraud scandal later this week. For now: This is a big, big deal. It isn't a clerical error, it's an aggressive attempt to slap borrowers with thousands of dollars in illegal fees for the luxury of being foreclosed on. more »

More »»


Zach Carter's picture

Wall Street Whiners Threaten to Wreck the Economy-- Again

I agree with everything Paul Krugman has to say about Max Abelson's excellent run-down of the Wall Street whinery, but his critique stops a little too short. more »

More »»


Zach Carter's picture

Basel III Is Still Bonkers

It's been two days, and the new Basel III bank regulations are still lousy. more »

More »»


Zach Carter's picture

Will Anyone Be Punished For Citibank's $40 Billion Subprime Lie?

Finally, some good news on Wall Street accountability. more »

More »»


Zach Carter's picture

Conservatives Are Clueless On Jobs

Rep. Paul Ryan, R-Wis., is the Republican Party's latest effort at putting forward a credible economic ideologist. His recent interview with Ezra Klein reveals this effort to be a complete failure. more »

More »»


Zach Carter's picture

Six Key Fights For Wall Street Reform's Next Phase

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

More »»


Zach Carter's picture

Cornyn Cribs Talking Points From Disgraced JPMorgan Economist

The top Republican fundraiser in the Senate, Sen. John Cornyn of Texas, just gave a preposterous speech on Wall Street reform in which he pushed the plan recently promoted recently by disgraced J.P. Morgan Economist James Glassman. more »

More »»