by Sam Pizzigati | May 28, 2013 | Financial Reform
High-profile prosecutions only hint at the crime and ethical misbehavior rampant in America's most rewarding high-finance suites. They’re hunkering down at SAC Capital, the hedge fund empire billionaire Steven Cohen has spent over two decades building. Federal...
by Dave Johnson | Apr 3, 2013 | Financial Reform
Congressional Republicans came to Silicon Valley this week to raise money from CEOs and their companies. They were offering a flat-out quid pro quo: give us money and in exchange we will cut your taxes, block taxes on profits made from moving jobs out of the country,...
by Mary Bottari | Mar 26, 2013 | Financial Reform, Too Big To Jail
A JPMorgan Chase employee stepped onstage at a black-tie gala on Wall Street last week to accept a “best crisis management” award given by an investor relations magazine. The bank, which was recently the subject of a U.S. Senate investigative hearing and an ongoing...
by Richard Eskow | Feb 12, 2013 | Financial Reform
On Wednesday the Senate Finance Committee will hear from Jack Lew, the President nominee for Treasury Secretary. If confirmed, Lew will succeed the controversial Tim Geithner. While Lew would not be taking office during a grave systemic crisis, as Geithner did,...
by Ben Johnson | Feb 7, 2013 | Financial Reform
It's been 13 days since the Campaign for a Fair Settlement challenged President Obama to use the first 100 days of his term to "fix what Wall Street broke." Though Obama said his policies will, "speed relief to the hardest-hit homeowners," he has yet to act on many...
by Terrance Heath | Jan 30, 2013 | Conservatism, Financial Reform
In Part 1 of this series, I wrote that Republicans who were incensed that President Obama had nothing to say to them in his inaugural address should be far more worried the possibility that the president realizes he doesn't need to spend time and energy reaching out...