by Richard Eskow | Sep 28, 2010 | Blog, Financial Reform
What happened to Moody's is what happens to every "agent" who thinks he can serve two masters. The sad thing is that it keeps happening, even though we've seen this movie before. Credit rating agencies are supposed to monitor debt that's issued by financial...
by Richard Eskow | Sep 27, 2010 | Blog, Economy, Financial Reform
Congressional Republicans released their "Pledge for America" today with a press event at a Virginia hardware store, and a hardware store was definitely the right choice: If these policies ever take effect you're going to get screwed. It was slightly amusing to see...
by Bill Scher | Sep 27, 2010 | Blog, Financial Reform
This Saturday, progressives will be marching on Washington for the One Nation Working Together rally. Should you bother? The New York Times reports: Predicting a crowd of more than 100,000, some 300 liberal groups — including the N.A.A.C.P., the A.F.L.-C.I.O., the...
by Richard Eskow | Sep 22, 2010 | Blog, Financial Reform
Now that Larry Summers is leaving, the President has a decision to make. His choice of a replacement will send a signal about the next two years of economic policy. That signal can restore consumer confidence and reinvigorate the electorate, or it can lead to even...
by Zach Carter | Sep 21, 2010 | Blog, Financial Reform
Over at bloggingheads, my CAF colleague Bill Scher discusses the new international banking standards with Conn Carroll, a conservative blogger for The Heritage Foundation. Carroll actually agrees with a lot of what I have to say about Basel III, but I he draws...
by Zach Carter | Sep 16, 2010 | Blog, Financial Reform
ABC News is reporting that President Barack Obama will appoint Elizabeth Warren to a "special advisory" position to set up the Consumer Financial Protection Bureau. We don't know the details, but so far, this seems very suspicious. As I wrote yesterday, Obama has...
