Too Big to Jail?
— an Op-Ed by Senator Bernie Sanders We are supposed to be a country of laws. The laws should apply to Wall Street as well as everybody else. So I was stunned when our country’s top law enforcement official recently suggested it
Category: Banking & Financial Svcs
Coincidence or Corruption?
The central mission of the Consumer Financial Protection Bureau (CFPB) is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other
2012-11-25: What I’ve Been Reading
Why Is the Obama FCC Plotting a Massive Giveaway to Rupert Murdoch? Craig Aaron, Op-Ed: “We can still stop this terrible plan from moving forward. The other members of the FCC can dissent and send this thing back to the drawing board.
Bill Moyers Breaks Down The Biggest Financial Scandal You’ve Never Heard Of
How can a greedy banker in London hurt thousands of public employees in Baltimore? Like this. Source: UPworthy
Yesterday: The Lowest Interest Rates in History
— by Alan Grayson Yesterday, the 10-year Treasury note hit its lowest interest rate in history. For the third day in a row. How did the main stream media miss that? I didn’t hear that reported. Did you? Treasury notes started trading in
What’s the Deal with Pre-Paid Cards?
We’ve issued an Advance Notice of Proposed Rulemaking to ask for input from consumers, industry, and others about prepaid cards and their impact on the market. The prepaid card market is growing rapidly. As this market expands, we want to make sure
Under the Reading Lamp — 4/3/2012
BANKING When Bankers Rule the World David Korten, Op-Ed: “The tell-all defection of Greg Smith, a former Goldman Sachs executive, provided an insider’s view of the moral corruption of the Wall Street banks that control of much of America’s economy and politics. Smith
GOP’s Pledge Would Cost American Jobs
We need to energize our base to get out and vote in November and vote against Republicans running for the US House and US Senate. Analysis indicates we stand to lose yet another 1.1 million jobs if they get the opportunity to
Financial Legislative Reform Signed into Law
Today, President Obama signed into law the most sweeping reforms of our financial system since the Great Depression and the strongest consumer protections in history. Here are a few highlights: There’s now a single agency responsible for looking out for consumers: the