by Mary Bottari | Dec 2, 2010 | Blog, Financial Reform
Thanks to tremendous public pressure and the recently passed Wall Street reform bill, the U.S. Federal Reserve was forced to reveal the details of its emergency bailout of the financial sector for the first time yesterday. From a quick review of the data now available...
by Mary Bottari | Dec 1, 2010 | Blog, Financial Reform
While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...
by Mary Bottari | Nov 12, 2010 | Blog
Watch out, they’re coming. After an election cycle in which Republicans worked themselves into a lather in an attempt to convince voters that the deficit was the source of all their economic woes, the political elites and their Bankster backers are coming for...
by Mary Bottari | Oct 7, 2010 | Blog, Financial Reform
Champions of financial reform who fought hard for a strong Wall Street reform bill this year know they cannot let down their guard. They are tracking and countering the moves of the big banks as they try to weaken the Dodd-Frank law during the implementation phase....
by Mary Bottari | Sep 16, 2010 | Blog
American taxpayers bailed out the big banks. Now many of those banks are returning the favor by extending credit to payday lenders who sucker consumers into a spiraling debt trap. That is the claim in a new report published this week by National People’s Action (NPA),...
