A Buddy of Big Banks May Wind Up Watchdogging Wall Street
December 13, 2013
A possible appointment that progressives see as a sop to big banks
The Volcker Rule: How It Will Work, and Why It May Still Fail
December 10, 2013
“As a starting point, we think the Proposed Rule is simply too tepid.” That was how Senators Jeff Merkley and Carl Levin opened their February 2012 comment letter to federal banking regulators about the “Volcker rule,” designed to prevent large banks
Financial Reform Is About to Catch a Second Wind
November 21, 2013
"Too Big To Fail" is in real trouble. It's about time.
Bart Chilton, the colorful, mullet-sporting member of the Commodity Futures Trading Commission (CFTC), resigned this week, after casting a final vote to set position limits, which would regulate the number of commodity trades individual speculators c
JP Morgan gets to write off its $13 bill fine. Thanks to Congress, homeowners don't get to write off the help it provides.
The Media Can't Stop Sucking Up to Alan Greenspan
October 22, 2013
Alan Greenspan should be apologizing to the country. Instead, he's back without regrets—and the star-struck media lets him get away with it.
You Thought the Government Shutdown Was Over. You Were Wrong.
October 18, 2013
It was an awful time. Federal employees had to take unpaid furlough days. Beneficiaries were thrown off of federal programs. Courthouses had to be sold.
No Measly Shutdown Can Keep Congress from Sucking Up to Wall Street
October 01, 2013
Just because the government has shut down doesn’t mean Congress will cease its central function of making Americans’ lives miserable.
The Big Budget Battle the GOP Has Already Won
September 20, 2013
If you enjoy silence, a good place to camp out for the next couple weeks is the room in the Capitol Building designated for Congressional negotiations on the budget.
Maybe Eric Schmidt, Sheryl Sandberg, and Elon Musk Just Really Like Butte, Montana
September 17, 2013
The CEOs of the nation’s largest companies typically don’t have a reason to fly to Butte, Montana.