HOSTED BY:Americans for Financial Reform, Demos, Public Citizen, and U.S. PIRG On Friday, July 15th join Americans for Financial Reform for a discussion of the controversy around heightened bank capital requirements in the Dodd-Frank Act and the new Basel III regulatory standards. Speakers will
Click here to view this week’s highlights and lowlights in Wall Street Reform – June 25, 2011 – July 1, 2011.
Read our comment letter to the OCC here.
Read a summary of the release and press coverage of our report with Robert Pollin and James Heintz, “How Wall Street Speculation is Driving Up Gas Prices Today” here.
Study finds financial speculation in oil led to higher gasoline prices Dennis Sadowski (Catholic News Service) June 30, 2011 ―Excessive speculation in crude oil futures on the part of financial traders added 83 cents to the cost of a gallon of gasoline in May, two
by Louise Story December 11, 2010 “On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan. The men share a common goal: to protect the interests of big banks in the vast market for derivatives,
Michael Hiltzik June 28, 2011 “Almost anywhere you look, assessments of the state of the economic recovery are muddled — job growth is positive but fading, consumer spending ebbs and flows, corporate profits are surging but corporate spending is not. The exception is housing, on
June 29, 2011 By Jesse Eisinger, Propublica “The most pronounced development in banking today is that executives have become bolder as their business has gotten worse. The economy is clearly weaker than expected, and housing prices are falling throughout the land, eroding bank asset values.
Drivers could have saved $41 on gas – Wall Street speculation being blamed for prices Shannon Halligan (22 News – Springfield, MA) June 29, 2011 ―A new report out says gas prices could have been 83 cents lower last month. Gas prices topped off at
Read a letter from the National Association of Attorneys General criticizing the OCC preemption rules here.