At the request of rule-breaking bankers, a top U.S. regulator has for years settled bank cases in secret, raising the bar on just how far regulators are willing to go to help the industry they regulate.
Bill talks with financial expert Sheila Bair about the lawlessness of our banking system and the prognosis for meaningful reform. Bair was appointed in 2006 by President George W. Bush to chair the FDIC. During the 2008 meltdown, she
Bank Of America Trying To Stick Taxpayers With A $74 Trillion Bill By Moving Derivatives Into FDIC-Insured Accounts
And this is why we've been screaming about regulating derivatives! I kind of think that the Occupy movement is going to have something to say about this corporate sleight of hand that came to light earlier this week. Do they really think we're
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.
Moral hazard! Personal responsibility! Oh, come on. It's a lot more important in the big picture to keep the banks from being pestered from the consequences of their indifference to laws that only apply to little people: WASHINGTON -- Top
LittleSis: Two big players, in both the Democratic party and the business community, teamed with the Chamber of Commerce to fight financial reform Pr
Geithner Neuters FDIC's Sheila Bair In New Regulatory Overhaul. She Thinks Her Job Is To Protect People, Not Banks.
The New Yorker has a great profile of Sheila Bair, the populist Republican who's at the helm of the FDIC. (h/t Riverdaughter) As you may already kn
Ezra Klein: Why did Arlen Specter become a Democrat? First he says he wants Coleman to win in Minnesota, then he says he regrets his 'no' vote on cr
You know, it's getting hard to read between the lines these days. This NY Times story about FDIC chair Sheila Bair, the only Bush official who's been
d r i f t g l a s s: "The Old Men" Open Left: Ending the nomination campaign Whiskey Fire: I keep forgetting that Chuck Norris has a column at Townh