Bankers Assault on Financial Reform -Gerald Epstein: New financial regulations contained in the Dodd-Frank law are being gutted or delayed by regulators and Congress – Transcipt, Paul Jay (The Real News Network) April 30, 2012 “And this kind of bill [H.R. 3336the Small Business Credit
Tea Party Congressmen Accept Cash From Bailed-Out Bankers – Heidi Przybyla and Phil Mattingly (Bloomberg News) April 30, 2012 “Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks. Now those incumbents
Credit Default Swaps Made European Debt Crisis Worse: Study – Mark Gongloff (Huffington Post) April 27, 2012 “While many may disagree with the concept that speculation in CDS moves markets, it’s a lot harder to disagree with that. Unless, that is, you are on Wall
Lehman elite stood to get $700 million – Walter Hamilton, Andrew Tangel and Stuart Pfeifer (Los Angeles Times) April 27, 2012 “Less than a year before the 2008 collapse of Lehman Bros. plunged the global economy into a terrifying free fall, the Wall Street firm
House Passes Bill to Exempt Small Banks from Swaps Rules (American Banker) April 25, 2012 “The House on Wednesday easily approved a bill that would provide small banks an exemption from clearing requirements for swaps under the Dodd-Frank Act…The bill was opposed by Americans for
Goldman Sachs under pressure to reveal lobby ties -Ronald D. Orol ( MarketWatch) April 23, 2012 “Public knowledge about the company’s range of advocacy is limited to what’s in its formal disclosures. But Marcus Stanley, policy director at Americans for Financial Reform, said he assumes
Derivatives Lobby Has U.S. Regulators on the Run -Roger Lowenstein (Bloomberg) April 17, 2012 “The derivatives industry is squeezing Washington like a python. Desperate to control the tone and thrust of derivatives regulation, industry lobbyists have been swarming over the Commodity Futures Trading Commission and
Swap Regulators Said to Weigh Dealer Threshold of $8 Billion -Silla Brush (Bloomberg) April 11, 2012 “U.S. derivatives regulators are considering a threshold as high as $8 billion for determining which banks, hedge funds and energy firms are swap dealers under the Dodd-Frank Act, according
A Call To Ban Commodity ETFs (Financial Advisor Magazine) April 9, 2012 “A coalition of consumer and public interest groups last week called on Congress to ban commodity index funds and exchange-traded commodity funds because they say these vehicles have helped fuel higher energy prices,
In a Leap of Faith, Obama Signs Bipartisan JOBS Act – Shar Adams (The Epoch Times) April 9, 2012 “In a leap of faith in America’s entrepreneurial spirit and the strength of U.S. security regulators, President Barack Obama signed the JOBS Act into law last