George Soros has made billions of dollars predicting the ups and downs of global financial markets. In this discussion with NPR’s Steve Inskeep he strongly endorses the creation of a Consumer Financial Protection Agency (CFPA).
The New York Times recently posted this editorial about the connection between Greece’s financial problems and Wall Street and the need for better regulation of derivatives trading.
As Greece has tottered on the brink of fiscal …
A recent editorial in the New York Times talked about new steps that President Obama has authorized to deal with the needs of homeowners dealing with foreclosures, especially unemployed homeowners and those with underwater mortgages. …
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For too long, the rules of Wall Street have been written by the bankers themselves. The result was the financial crisis that cost Americans millions of jobs, along with billions in taxpayer-funded bailouts, and trillions of dollars in pension funds, home values, and retirement savings.
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