by Richard Eskow | Apr 23, 2010 | Blog
The Senate Budget Committee nearly voted to break up Wall Street's biggest banks. But four Democrats helped pro-Wall Street Republicans kill an amendment from Bernie Sanders that would "require the divestment of any financial institution the failure of which would...
by Richard Eskow | Apr 22, 2010 | Blog
If you've ever wondered what the phrase "the sound of silence" means, you should've been listening when the President invited "the titans of industry" to join him in promoting financial reform this morning. The President's speech walked a fine line between vision and...
by Richard Eskow | Apr 21, 2010 | Blog
Tomorrow President Obama will return to Cooper Union in New York, where he gave a speech on financial reform as a candidate two years ago. We're told that his advisors want him to "go big" in his speech, as he did when he addressed a joint session of Congress on...
by Richard Eskow | Apr 19, 2010 | Blog
It's looking like the SEC/Goldman Sachs lawsuit could open up a whole new can of worms, one that Tim Geithner and some bank executives aren't likely to be very happy about. The story's about AIG and I used to work there so, as much as I like to stay out of the story,...
by Richard Eskow | Apr 16, 2010 | Blog
JPMorgan Chase CEO Jamie Dimon knew what he was talking about when he said that ""large corporate America is in very, very, very, very good shape." It's a crude and insensitive remark, but an accurate one. Unfortunately, the rest of us are still paying for the party....
