In a public comment to the SEC, an Occupy working group details troubling loopholes in the Volcker Rule, part of the Dodd-Frank financial reform bill.
Betrayal by the “good guys” for whom we have ended up voting has become the norm.
16 comments
The titans of finance have lined up behind Mitt Romney against his GOP rivals and President Obama. But what exactly would a Romney presidency offer them?
As Elizabeth Warren’s devastating Congressional report reveals, the Federal Reserve used taxpayer money to bail out the insurance giant, instead of forcing the major banks to clean up the mess they helped create.
Long before most in the business press rose to the challenge, Gretchen Morgenson was reporting that the financial sector had gone rogue.
Congress, at the behest of the banking industry, has changed accounting rules to make company balance sheets even more opaque. How is that going to help?
Obama's allowing the same Clinton-era policy makers who set us up for financial crisis make economic policy. What happened to the socially conscious guy we voted for?
As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.
Instead of shoveling good money after bad, Congress should push Wall Street to invest in the booming green economy.
Financial news outlets, tethered to a mission to pump up confidence and support their advertisers, helped fuel the subprime meltdown.


