by Zach Carter | Jul 7, 2010 | Blog, Financial Reform
When the nation's most prestigious investment banks found themselves on the verge of total annihilation in the fall of 2008, the most radical and effective government response was not the infamous $700 billion Troubled Asset Relief Program. The wildest salvation...
by Zach Carter | Jul 6, 2010 | Blog, Financial Reform
Heavy-hitting Wall Street political donors are withholding their money from the Democratic Party's campaign coffers, according to a Washington Post report making the rounds on Capitol Hill today. In a political environment in which almost no group is as publicly...
by Zach Carter | Jul 1, 2010 | Blog
Today, Goldman Sachs sent its second-highest-ranking officer to Washington, D.C. to tell the Financial Crisis Inquiry Commission that his company is staffed and managed by complete idiots. In an effort to evade investigation, Goldman Sachs Chief Financial Officer...
by Zach Carter | Jul 1, 2010 | Blog, Financial Reform
Sen. Russ Feingold, D-Wis., is defending his decision to vote against the Wall Street reform bill on the grounds that it is simply too weak to prevent future crises, and Tim Fernholz is crying foul. On policy substance, Feingold is undoubtedly correct. From Feingold:...
by Zach Carter | Jun 25, 2010 | Blog, Financial Reform
Members of Congress finished ironing out their differences on Wall Street reform last night, and the resulting bill deserves unequivocal support from progressives and conservatives alike. But while the final package is a necessary first step to overhauling the...
