by Emily Foster | May 12, 2015 | Financial Reform
The death of Freddie Gray in Baltimore is not just a story of police brutality or the lack of socioeconomic mobility for the urban poor. It’s also a story of how deregulation allowed corporate banks to strip middle-class families of their financial stability and walk...
by Dean Baker | May 8, 2015 | Current Issues, Financial Reform
This week marks the fifth anniversary of the flash crash. For those who don’t remember, the Flash Crash was when the stock market lost almost 9 percent of its value from its opening level, with most of this decline occurring in a 5-minute period. The market quickly...
by Elizabeth Warren | Apr 16, 2015 | Blog, Economy, Financial Reform
[fve]https://youtu.be/HSpfGodTrtk[fve] Remarks at the Levy Institute’s 24th Annual Hyman P. Minsky Conference As Prepared for Delivery Thank you all for being here today. We’re here to ask a critical question at a critical time: what are we to make of Dodd-Frank five...
by Chuck Collins | Apr 10, 2015 | Blog, Economy, Financial Reform, Tax Reform
This tax season, America’s billionaires are toasting you, the ordinary taxpayer. That’s because you’re the one picking up the tab for our nation’s ailing infrastructure of roads, bridges, and rail transport. You’re also footing the bill for military forces, disaster...
by Dave Johnson | Mar 31, 2015 | Blog, Current Issues, Democracy, Financial Reform
The Securities and Exchange Commission (SEC) is supposed to "protect investors." But what happens when a company is dishing the company's cash out to politicians, political parties and political "charities"? Apparently, investors/shareholders don't get to find out...
by Richard Eskow | Mar 30, 2015 | Blog, Financial Reform
For so-called “masters of the universe,” Wall Street executives sure seem touchy about criticism. It seems they don't like being painted as the bad guys. But if they don't like being criticized, why do so many of them keep behaving like B-movie villains? That's...