by Eileen Appelbaum | Jul 28, 2014 | Financial Reform, Jobs and Growth
The theme of this year’s European Private Equity and Venture Capital Association (EVCA) symposium held in Vienna in June was “Private Equity as a Transformational Force.” Speakers emphasized the industry’s need to develop partnerships with the companies it acquires...
by Richard Eskow | Jul 11, 2014 | Blog, Financial Reform
Pop quiz: Which bank is widely considered too big to fail, needed (and got) a $45 billion government loan during the financial crisis, recently failed a stress test performed by the Federal Reserve – and has enjoyed a revolving-door relationship with both the Clinton...
by Richard Eskow | Jul 8, 2014 | Blog, Financial Reform
It was good to hear President Obama say that reining in Wall Street’s high-risk behavior is an “unfinished piece of business.” It would be even better if this observation were quickly followed by action - the kind of concrete action he can take immediately, with or...
by Isaiah J. Poole | Jun 17, 2014 | Financial Reform
Drinking too much of the Wall Street gin caused a power-intoxicated House Majority Leader Eric Cantor to swerve into a political crash. Just as we'd think teenagers watching vivid videos of tragic car wrecks would help persuade them to not drink and drive, you would...
by Richard Eskow | Jun 11, 2014 | Blog, Conservatism, Financial Reform
[fve]https://www.youtube.com/watch?v=fhDDDsN8SpA [/fve] The above interview with Thom Hartmann took place Monday night on "The Big Picture," his television program. The first half of the discussion is based on a recent piece of mine about “The People’s Fed,”...
by Richard Eskow | Jun 5, 2014 | Blog, Financial Reform
The Board of Governors of the Federal Reserve was created to represent the economic sectors and portions of our population most directly affected by the central bank’s actions. Instead, it's comprised almost entirely of economists and lawyers who are associated with...