Diane Rehm: New Rules for Wall Street

AFR coalition member Travis Plunkett of the Consumer Federation of America and Professor Michael Greenberger discussed the Wall Street Reform and Consumer Protection Act of 2009 on NPR today.  Listen here. The House takes up the biggest overhaul of laws covering banks and financial institutions

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Accidental Hunt Brothers: $344 Million Buys A Lot Of Loopholes

Cross posted from The Accidental Hunt Brothers December 10, 2009 by Adam The world financial system nearly melted down in 2008. This was a result of the interlocking web of exposures between major financial institutions caused by the unregulated and completely opaque over-the-counter (OTC) derivatives