It is Time for Wall Street to Pay its Fair Share
March 30, 2012 – 9:52 am | Comments Off

As most Americans struggle to pay their share, we can’t help but notice that Wall Street is not. Many of the economic problems we face today, from deficits to unemployment, were in large part created by …

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News Article: IPO Skids to Get Greased
March 1, 2012 – 10:00 am

Raising Risks:  A Wall Street Journal article on a recent Senate Banking Committee hearing (“IPO Skids to Get Greased,” March 6, 2012) quotes U.S. securities regulators, legal experts and others who have raised concerns that …

News Article: Financial Regulations Gutted in New Bill
March 1, 2012 – 9:59 am

Regulations Gutted:  A column by Kathleen Pender in the San Francisco Chronicle (“Financial Regulations Gutted in New Bill,” March 11, 2012) asks why Democrats, who supported Dodd-Frank and created the Consumer Financial Protection Bureau, are …

News Article: Jobs Bill Loosens IPO Regulations
March 1, 2012 – 9:57 am

Strong Criticism for IPO On-Ramp:  A Wall Street Journal article on House passage of the JOBS Act (“Jobs Bill Loosens IPO Regulations,” March 8, 2012) documents broad opposition to the bill’s so-called IPO On-Ramp.  Industry …

News Article: Imaginary Problems: Who Really Benefits from Lower Regulatory Burdens?
March 1, 2012 – 9:33 am

Imaginary Problems: In a letter to shareholders (“Imaginary Problems: Who Really Benefits from Lower Regulatory Burdens?” February 2, 2012), Motley Fool mutual fund manager Bill Mann thoroughly debunks the premise behind a central plank of …

News Article: JOBS Act Coverage Shows Broad Opposition to Bill’s Anti-Investor Provisions
March 1, 2012 – 9:31 am

Short Memories: A New York Times editorial (“They Have Very Short Memories,” March 11, 2012) calls the JOBS Act “a terrible package of bills that would undo essential investor protections, reduce market transparency and distort the efficient allocation of capital.” Citing “reams of Congressional testimony, market analysis and academic research” refuting the claim that regulation has been an impediment to raising capital, the article notes that, on the contrary, “too little regulation has been at the root of all recent bubbles and bursts — the dot-com crash, Enron, the mortgage meltdown. Those free-for-alls created jobs and then imploded, causing mass joblessness.”

AARP Letter: AARP Criticizes the JOBS Act
February 29, 2012 – 1:06 pm

Read the letter here.