"Bank black, bank small and bank local."
Anat Admati, who teaches finance and economics at the Stanford Graduate School of Business, is co-author of The Bankers' New Clothes, a classic account of the problem of Too Big to Fail banks.
"I call the shots as I see them," Schumer says. "I supported the Volcker Rule and helped get it put in. In 2000, when Bill
The bill also reauthorizes the existence of the primary derivatives regulator, the Commodity Futures Trading Commission. Bank
American capitalism is fully functional only when there is full employment. Any restriction to this primary and mandatory factor to our economy, lessens our stability as a country and is an overt danger to every American.
"Cochrane’s proposal calls for a remarkable amount of government intervention in finance; it makes liberal proposals for
I hadn't known "This Little Light of Mine" was an anthem of the Civil Rights movement. I hadn't known this little light might
One pathway to genuine reform is "public banking": the establishment of banks which are owned and operated by the government, and which serve people and small businesses directly. Here's why public banking should be included in the agenda for deep and genuine financial reform.
Wall Street money and influence suffuses both our politics and our media, so the answer to that question remains to be seen. But the ideas presented by Fisher and Rosenblum should reshape our national conversation over the financial and moral failure of our current banking system.
Banks say transaction reordering is not simply a new way to squeeze profits from unsuspecting customers. They claim that by processing the largest transactions first, they're actually doing us a solid.
"Somebody else is bound to look for the next hole in the system at another international bank, and exploit it," Anthony Michael
It's a sign of our shadowy times that the latest regulatory "reform" bill hasn't been laughed out of Washington. Same goes for the latest bankers' complaint, this time about being asked to cover their own bets.
Why is the Attorney General, along with others in the Administration, arguing against indicting Wall Street bankers?