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.
Read our letter to FHFA Acting Director DeMarco addressing servicing models of GSEs here.
Speculation Adds 83 Cents A Gallon to Gas Prices at the Pump Jonathan Fox (CALPIRG) June 28, 2011 ―CALPIRG, a statewide consumer advocacy organization I work for, just released a new report entitled “How Speculation is Driving Up Gasoline Prices Today”. The report was authored
Kansas City Fed’s Hoenig Wants Aid For Manufacturers Over Banks Maya Jackson Randall (Automated Trader) June 28, 2011 ―Federal Reserve Bank of Kansas City President Thomas Hoenig, along with other panel members at a conference Tuesday, argued that U.S. policies have tended to boost Wall
Read a report here from the Political Economy Research Institute about speculation and rising gas prices. How Wall Street Speculation is Driving Up Gasoline Prices Today Robert Pollin and James Heintz Political Economy Research Institute University of Massachusetts, Amherst June 21, 2011 “The average retail
Restoring the Balance: Financial Regulation and the Real Economy Sponsored by: Americans for Financial Reform, AFL-CIO, Alliance for a Just Society, Demos, Main Street Alliance, Public Citizen, US P.I.R.G. Tuesday, June 28th from 9:30 AM – 12:30 Join us for a discussion of the outsized influence
The Consumer Financial Protection Bureau: Not Yet Open and Already Under Attack Marlys Harris (MarketWatch) June 25, 2011 ―The other day, Bloomberg Businessweek reported that the Center for Responsible Lending had spent$96.000 on lobbying in the first quarter of 2011 compared with $130,000 in the