by Zach Carter | Jun 23, 2010 | Blog, Financial Reform
Astonishingly, as Wall Street reform enters its final hours a tired, generic corporate refrain against regulation is gaining traction. As bigwig bankers and their lobbyist brethren fight to defeat tough new rules on derivatives—the crazy casino that brought down...
by Zach Carter | Jun 23, 2010 | Blog, Financial Reform
A coalition of conservative New Democrats, whose leader is being investigated by a Congressional ethics committee over Wall Street fundraising, has officially come out in favor of gutting financial reform. The issue they've targeted: derivatives, the most closely...
by Zach Carter | Jun 17, 2010 | Blog, Financial Reform
The tough derivatives overhaul proposed by Sen. Blanche Lincoln, D-Ark., has emerged as the key fight in Wall Street reform. That status is well-deserved. Despite Lincoln's record as a stooge for corporate executives, she is pushing what is by far the most significant...
by Zach Carter | Jun 17, 2010 | Blog, Financial Reform
As the House and Senate publicly iron out their differences on Wall Street reform during conference committee, the most important aspect of the overhaul is gaining strength behind the scenes. Sen. Blanche Lincoln, D-Ark., is standing firm on her tough derivatives...
by Zach Carter | Jun 15, 2010 | Blog, Financial Reform
5:15 It is generally bad news that Barney Frank is backing this effort to gut the Franken amendment. That's the only serious reform effort on the table today, and for Frank to be coming out against it implies that he's much more willing to do Wall Street's dirty work...
