The Bank Whistleblowers United – Who are We, and Why are We Trying to Help Implement Real Banking Reform?
The stories of the four whistleblowers who came together to push for bank accountability in the next Administration.
Read more...Category Archives: Regulations and regulators
Bill Black: Announcing the Bank Whistleblowers’ Group’s Initial Proposals
Bill Black is spearheading an important initiative by bank whistleblowers to combat fraud and other abuses by banks.
Read more...Flint: Let Them Drink Pollution?
Why the crisis in Flint, Michigan is about race and class, and the American nightmare of metastasizing inequality of wealth and power.
Read more...Wobbly Italian Banks May Get “Bad Bank” Resolution Vehicle
Italian banks’ extend and pretend game may be coming to an end.
Read more...SEC Data Show Reduction in Criminal Prosecutions Since 2010
Every year the SEC delivers an annual report right around the holidays that gets virtually forgotten by everyone. But a tipster highlighted one part of the document that matches recent research about the way in which the agency plays with numbers. Urska Velikonja, assistant professor at Emory School of Law, released the study late last […]
Read more...Geithner Ghostwriter Mike Grunwald Tries to Shift Financial Crisis Narrative Away From The Big Short
It’s sad that you have to be something of a detective to decipher what passes for content at most major American news outlets. In the case of Michael Grunwald, however, we have a decent set of indicators about the normally hidden agenda. The Politico writer worked with Tim Geithner on his memoir. In fact, I believe he has said publicly that he didn’t know a lot about finance before meeting Geithner. So when Grunwald decides to leap into anything involving this topic, we can assume the end result is not altogether different than what it would look like if Geithner wrote it with his own byline.
The latest example is a nominal review of The Big Short, which is not really a review. It’s an attempt to steer the narrative of what happened, in the financial crisis and its aftermath, to territory that comforts elites.
Read more...Gaius Publius: Wall Street Reviews What Sanders Plans for Wall Street
An overview of the Sanders Big Finance reform proposal, and some of the ways it has been caricatured or flat-out misrepresented
Read more...The Deeper, Uglier Side of TPP
A good, high level discussion of the dangers of the investor state dispute settlement process in the TPP and the TTIP.
Read more...Why Larry Summers is Wrong and Bernie Sanders is Right on Glass Steagall
Larry Summers, acting as a proxy for Team Clinton, attacked Sanders’ reform proposals, particularly the an updated Glass Steagall. Her’s why Summers is wrong.
Read more...China’s Contradictory Aims, Greater International Role Versus Domestic Economic Control, HIt Breaking Point
China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...TTIP and Climate Change: Low Economic Benefits, Real Climate Risks
The TTIP could jeopardize the ability of the European Union and the United States to put in place the proper regulations to meet climate targets.
Read more...The Opposition to Guidelines Discouraging Overuse of Narcotics
How stealthy groups with ties to Big Pharma are lobbying to stymie proposals to stop the overprescription of opoids.
Read more...Wolf Richter: America’s Largest Utility Jacks up Rates the Most Since 2006 Despite Total Collapse of Natural Gas Prices
PG&E, America’s biggest utility, is a case study in the power of monopoly and regulatory capture.
Read more...What Influence Does Wall Street Have Over Candidates Clinton and Sanders?
Clinton plays with figures to understate her degree of Wall Street campaign support, and that ignores past support to the Clinton Foundation.
Read more...U.S. Corporations Don’t Need Tax Breaks on Foreign Profits
Why a proposal to lower the tax rate on corporate funds that are “offshore” only from a tax perspective is just another corporate gimmie.
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