by Zach Carter | Jun 10, 2010 | Blog, Financial Reform
Conference Committee negotiations on Wall Street reform begin today, with several key battles still unresolved. Thanks to intense progressive pressure, those negotiations are going to be televised live. You can watch the sessions on the web right here, using a stream...
by Zach Carter | Jun 8, 2010 | Blog
8:40 Terrific question from Mary Bottari. Everyone says they believe in higher capital requirements-- even bankers-- but so far, all of the negotiations regarding new capital requirements are leading to very small adjustments, rather than significant changes. The...
by Zach Carter | Jun 3, 2010 | Blog, Financial Reform
It's an interesting time to be a progressive in the United States. In many ways, the election of President Barack Obama represented a logical, if improbable, end to the era of phony Reaganomics and demonization politics. But the Obama presidency has been a serious...
by Zach Carter | Jun 2, 2010 | Blog
Buffett is already defending Moody's with statements that appear to be reasonable, but are in fact completely incoherent. Here's what he says about the top brass at bailed out banks: "When society has to step in to save institutions . . . the CEO should go away...
by Zach Carter | Jun 2, 2010 | Blog, Financial Reform
Today's Financial Crisis Inquiry Commission hearing on credit rating agencies promises to shed quite a bit of light on one of the most profitable and corrupt businesses in Corporate America. Rating agencies score huge profits regardless of how accurate their ratings...
