As the financial Crisis Inquiry Commission completes its investigation into the Wall Street collapse, our Curbing Wall Street team analyzes the commission's findings and the issues they raise. more »
Thanks to legislation from Sen. Bernie Sanders, we finally got the Fed to open up its books on the Wall St. bailout. What did OurFuture.org's Zach Carter find? "Frightening revelations about U.S. economic policy and those who implement it."
Some of the nation's largest financial institutions are operating a foreclosure fraud machine of fabricated documents, forged signatures and lies to judges that is causing thousands of people to unjustly lose their homes. Zach Carter has been exposing the inner workings of this machine and making the case for action.
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. But when you examine campaign contribution data, it's really no surprise that these particular lawmakers voted to mortgage our economic future to Big Finance: This election cycle, they've raked in over $48.8 million from the financial establishment. Over the course of their Congressional careers, the figure swells to a massive $176.9 million.
Three years into the financial crisis that led to waves of foreclosures and the unemployment crisis, the Financial Crisis Inquiry Commission continues to investigate its causes. It's clear that Wall Street was "Ground Zero," and warnings that could have prevented the crisis and its consequences were ignored.
Blogger Zach Carter has followed the hearings with up-to-the-minute liveblogs, and post-hearing analysis.
Campaign for America's Future staff members, fellows and associates appear at several key panels during Netroots Nation, July 22-24 in Las Vegas. This page aggregates blog posts about these panels and other Netroots Nation happenings.
There can be no un-ringing of the bailout bell. Goldman absolutely must be aggressively regulated as a commercial bank to make sure that its subsidies are not destructive. That's the minimum reform. Still better would be to cut off the subsidies, claw-back the bonuses earned over the past two years, and break the bank up into smaller institutions that the Fed would not feel compelled to step in and save. But to pretend the bailout never happened and promise not to do it again is simply not credible. more »
As Wall Street reform legislation moves through the final stages of congressional passage, our fellows and writers assess what the legislation accomplishes and what remains undone.
As House and Senate negotiators prepare to merge their financial reform bills, we joined forces with CREDO to demand that that there be no private deal-making but that their negotiations be held in public. Also, at the America's Future Now! conference, we began forging strategy on how to get a real reform bill that reins in Wall Street and meets Main Street's needs. more »
The financial services industry is spending more than $1 million a day fighting reforms in Congress, using a revolving door of former lawmakers, congressional aides and government officials. We name names and pull their activities out of the shadows. Read our investigative report » more »
Campaign for America's Future staff members, fellows and associates appear at several key panels during Netroots Nation, July 22-24 in Las Vegas. This page aggregates blog posts about these panels and other Netroots Nation happenings.
The financial services industry is spending more than $1 million a day fighting reforms in Congress, using a revolving door of former lawmakers, congressional aides and government officials. We name names and pull their activities out of the shadows.
