This Symphony Sounds Like a Wall Street Scheme

"Symphony" is a chat system that claims it would would prevent government spying for Wall Street. This is why it's important to ask exactly what that means.
Cormac Close

Cheaters Never Win … Unless the SEC Lets Them

Dodd-Frank was an attempt to make sure executives could not profit from cooking the books, but unless the SEC cracks down on accounting fraud, executives still have every incentive to fire up their burners.
Cormac Close

These Loans ‘Should Most Definitely Be Illegal’

The story of one borrower from a payday lender shows why it's important, at least as a first step, for the Consumer Financial Protection Bureau to implement tougher regulations to protect consumers.
Cormac Close

On Shark Week, Watch Out For These Financially Vicious Sharks

Loan sharks, in the form of payday lenders, claim more victims each minute than aquatic sharks do in a year. But unlike the shark attacks you see on Discovery Channel, there are surefire ways to prevent getting bitten.
Cormac Close

We Must Write A Different Ending To This Greek Tragedy

Three European leftist party leaders are appealing to lawmakers and activists in the United States to push the International Monetary Fund to stop the imposition of austerity policies in Greece.
Cormac Close

The GOP’s Latest Covert Attack on Banking Regulation

Despite the fact that 760 banks were important enough to be bailed out by taxpayers in 2008, the Senate Banking Committee approved legislation that would remove the "too big to fail" designation from all but six.
Cormac Close