“London Whale” Report Underscores Need for Derivatives Reform and a Strong Volcker Rule
March 15, 2013 – 2:13 pm | Comments Off

With too many in Washington once again echoing the “What’s good for us is good for America” mantra of Wall Street, the Senate’s new findings should shred any argument for retreat from key reforms.

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AFR: Senators Merkley and Levin Work to Prevent Wall Street from Betting Our Savings
March 10, 2010 – 12:45 pm

Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act).

Heather Booth, Executive Director, Americans for Financial Reform: …

NPR: Soros Supports the CFPA
March 10, 2010 – 10:50 am

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).
Listen here.

Song A Day #419: The Robin Hood Tax
March 10, 2010 – 9:54 am

Jonathan Mann sings this funny and informative song about the “Robin Hood Tax,” also known as the Financial Transaction Tax (FTT).

AIG, Greece, and the Problem with Derivatives
March 5, 2010 – 11:35 am

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 …

President Obama Refocuses on Foreclosure Prevention
March 5, 2010 – 11:15 am

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.  …