by Mary Bottari | Apr 22, 2010 | Blog
The financial services reform bill will be debated in the Senate next week. The great test for the bill will be what it does to rein in Goldman Sachs, the Wall Street institution famously described by Rolling Stone journalist Matt Taibbi as “a vampire squid jamming...
by Bill Scher | Apr 21, 2010 | Blog
Today at the Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy hosted by Campaign for America's Future... Can We See The Debt Commission?: Rep. John Conyers demands that the President's newly formed debt commission hold...
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 Dave Johnson | Apr 21, 2010 | Blog
Finance officials from the G20 countries are meeting for three days beginning tomorrow. China's currency manipulation is one of the top items on the agenda because it is hurting the entire world, not just the United States. The currency is undervalued by as much as...
by Robert Borosage | Apr 21, 2010 | Blog, Economy
This post is part of the two-week long Virtual Summit on Fiscal and Economic Responsibility for People Who Did Not Wreck the Economy, hosted by Campaign for America's Future. The drumbeat about deficits has reached deafening levels. The president warns about "out of...
by Dave Johnson | Apr 21, 2010 | Blog
Conservatives claim that income from corporate dividends is "taxed twice" -- first when the corporation pays its taxes (if it does pay taxes), and then when the recipient of dividend income pays taxes on that income. They don't claim, however, that when you pay your...
