Tag: Bank Reform 2010
Wall Street ‘No Snitchin’ Culture
That is the topic of a new piece by Ted Kaufman today. According to Kaufman, the common wisdom among bankers is that the biggest six of the Too Big To Fail banks ought to be broken up or at least subject to greater regulatory requirements. And why don’t you hear more about this? Apparently the No Snitchin’ culture is big among the Joseph A. Banks-suited set too.
Ungrateful
They got an extraordinary bailout funded and guaranteed by the taxpayers of the United States of America — they still are — and yet Jamie Dimon of Citibank Chase is whining about regulations from Dodd-Frank:
Run, Ted, Run!
Joan Walsh over at Salon.com has been delighted listening to our Senator become one of the leading voices on banking reform. And she wants him to run. Ms. Walsh is late to the party here, but she’s got it right (mostly):
Banking Reform Legislation Background
So now that we’re done (for the moment) with the HCR, it is on to Banking Reform. This work has been ongoing in the House (who passed a bill already) and Chris Dodd’s Banking Committee. The Congress is in recess now, but it is worth taking some time to get up to speed on the coming issues and the bill itself.
Elizabeth Warren on Consumer Protection
This is from a conference held a few weeks back in NY with the theme of “Make Markets Be Markets”. Elizabeth Warren is always awesome, and this is one good argument for the entire Consumer Protection agency that banks are currently working overtime to eliminate. This is around 10 minutes long and worth every minute. […]
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