by Mary Bottari | May 23, 2010 | Blog
This week, the U.S. Senate passed a financial reform bill that was far stronger that what had been proposed by the Obama administration and passed by the House. Now it's time to hold President Obama's feet to the fire to ensure the strongest possible bill. Not long...
by Mary Bottari | May 2, 2010 | Blog
The financial services reform bill is on the Senate floor this week. The recently announced criminal investigation of Goldman Sachs, the bumbling testimony of Goldman's "Fabulous Fab" and the rocking Wall Street protest last Thursday show that momentum is with...
by Mary Bottari | Apr 22, 2010 | Blog
The financial services reform bill will be debated in the Senate next week. The great test for the bill will be what it does to rein in Goldman Sachs, the Wall Street institution famously described by Rolling Stone journalist Matt Taibbi as “a vampire squid jamming...
by Mary Bottari | Apr 1, 2010 | Blog
TALLY SHOWS THAT THE FEDERAL RESERVE IS THE REAL SOURCE OF BAILOUT FUNDS Today, the Real Economy Project of the Center for Media and Democracy (CMD) released an assessment of the total cost to taxpayers of the Wall Street bailout. CMD concludes that multiple federal...
by Mary Bottari | Mar 8, 2010 | Blog
Submitted by Mary Bottari on March 8, 2010 - 09:06 Watching the devolution of the bank reform bill in the U.S. Senate has been painful. Banking Chairman Chris Dodd’s original proposal unveiled last year had numerous strengths, most significantly the removal of bank...