Barney Frank and Ed Rendell are right. In seeking to recall Wisconsin Governor Scott Walker, the public-sector unions and their allies on the progressive wing…
Barney Frank: JPMorgan Chase Fiasco Reaffirms Argument For Wall Street ReformHuffington Postsays that JPMorgan Chase's $2 billion loss earlier this month reaffirms the argument for regulating Wall Street. In an interview with the Daily Beast publis…
World Magazine$2 billion JP Morgan loss latest argument for regulationMcClatchy Washington BureauThat's the message from Jamie Dimon, the swaggering CEO of JP Morgan Chase, the nation's biggest bank. Recently, Dimon announced that JP Morgan had…
Mayor Michael Bloomberg said this morning that if there is anyone to blame for the mortgage crisis that led the collapse of the financial industry, it’s not the “big banks,” but congress.
Speaking at a business breakfast in midtown featuring Bloo…
Wouldn’t the founding fathers be proud?
EXCERPT:
Obscure clause may help US avert default
By Marc Jourdier | AFP – Sat, Jul 9, 2011
Committee Co-Chair Rosa DeLauro (L), Rep Barney Frank © and Rep. Mike Doyle listen …
US President Barack O…
SMARTMONEY JULY 6, 2011, 4:40 P.M. ET.
The Next Financial Crisis Will Be Even Worse
Brett Arends on why we’re doomed to make the same mistakes we made in 2008..
By BRETT ARENDS
The last financial crisis isn’t over, but we might as well start get…
Sept. 21, 2010, 12:38 p.m. EDT
CFTC, businesses clash on derivatives rules
By Ronald D. Orol, MarketWatch
WASHINGTON (MarketWatch) — The chief of the Commodity Futures Trading Commission clashed Tuesday with corporate executives worried the agency…