by Mary Bottari | Dec 1, 2010 | Blog, Financial Reform
While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...
by Zach Carter | Dec 1, 2010 | Blog
I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, we’d already know about it. There’s a kind of...
by Terrance Heath | Dec 1, 2010 | Blog, Economy, Making it in America
"America has spoken." It's a phrase we've heard from the right after every election — special election, run-off or midterm — following the 2008 election in which voters sent Barack Obama to the White House and Democratic majorities to both houses...
by Dave Johnson | Nov 30, 2010 | Blog, Making it in America
As the clock ticks down on tonite's expiration of extended unemployment benefits for the 9.6% of Americans who are officially unemployed, the coming end of school lunch and other child nutrition programs, and the possibility of doing anything whatsoever to help create...
by Zach Carter | Nov 30, 2010 | Blog
A rather nauseating statement from a Government Accountability Office report on foreclosures: Because they generally focus on the areas with greatest risk to the institutions they supervise, federal banking regulators had not generally examined servicers’ foreclosure...
by Zach Carter | Nov 30, 2010 | Blog
Yesterday, The New York Times ran an editorial opposing a new Federal Reserve proposal to eliminate predatory lending penalties. The rule under consideration is the same obscure regulation I blogged about a couple of weeks back, and it's very encouraging to see major...
