by Richard Eskow | May 29, 2014 | Blog, Financial Reform
Economists Amir Sufi and Atif Mian have been researching the housing crisis and its impact on the economy for more than six years. They have now written a book for general audiences entitled “House of Debt: How They (and You) Caused the Great Recession, and How...
by Richard Eskow | May 23, 2014 | Blog, Financial Reform
In 10th century Japan a "pillow book" was a form of diary, a place to gather notes, lists and other scraps of paper and reflect upon them before retiring to bed. A "court lady" to the Empress used hers to depict life in the royal household, and today "The Pillow Book...
by Richard Eskow | May 20, 2014 | Blog, Financial Reform
Economists Atif Mian and Amir Sufi recently wrote an editorial for The Washington Post headlined "Why Tim Geithner is wrong on homeowner debt relief." Using data and arguments from their upcoming book "House of Debt," Mian and Sufi essentially argue that former...
by Richard Eskow | Apr 1, 2014 | Blog, Financial Reform
Sen. Ted Kaufman was one of the great heroes in the fight for financial reform. He was a brilliant, articulate, and stalwart fighter for the rights of the American people to be free of Wall Street fraud, criminality and abuse. He attempted to restore the old...
by Damon Silvers | Feb 25, 2014 | Economy, Financial Reform, Progressive Vision
Every day you read in the news about some new big bank outrage. Foreclosing on families without the right paperwork. Charging hidden fees, conspiring to rig markets, defrauding investors. Refusing to lend to small business. A lot of people I’m sure ask every day over...
by Derek Pugh | Feb 19, 2014 | Financial Reform
The U.S. economy in its current state offers plenty of anecdotal and empirical evidence that Wall Street lobbyists and bankers are nothing more than thoughtless, money-hungry zombies. So film director David Yates, who made the last four Harry Potter movies,...