Billionaire bankers think Repealing the Volcker Rule is Child’s Play, but they are exactly the wrong people to trust.
Banks argue that the CFPB approach would unleash a dangerous flood of misinformation that might promote the faulty sense that somehow they are not good corporate citizens.
Fox News, Your World with Neil Cavuto, Sept. 24, 2014. Neil Cavuto continually talks over his guest, Richard Fowler when he attempts to explain why Walmart's business practices and race to the bottom are bad for American workers and the economy. Cavuto claims he's "not a Walmart apologist" while doing just that.
"Derivatives are financial weapons of mass destruction."
Sen. Al Franken made a rare national media appearance on Lawrence O'Donnell's show on MSNBC this Monday evening to discuss his participation in the SEC's roundtable on credit rating industry reform this Tuesday.
I wonder when New Jersey voters are going to realize that Gov. Chris Christie is really not all that charming. Witness his exchange here with a reporter: As ThinkProgress has reported, several states took their share of the $25 billion
I'd like to know when some people are going to start going to prison over this kind of thing. FDL's Dave Dayden had a good post up ahead of tonight's airing of this segment -- 60 Minutes Tackles Foreclosure Fraud Tonight, Exposing Unresolved Chain of Title Problems.
Imagine, it was so bad, even the Obama administration knows they have to pursue charges. I imagine at least a few of the guilty parties were the ones who ran to the White House, pleading the case for banker bonuses: The bipartisan panel appointed
Newstalgia Reference Room - The Credit Boom - a 1966 documentary on the boom in credit card debt and how credit cards are changing the way we live . . .even then.
I can think of very few reasons (none of them good) why Obama is so determined not to fix the actual problems in the banking industry. Economist James
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