The Remarkable Political Stupidity of the Street

waive bank fees

Robert Reich: Wall Street is its own worst enemy. It should have welcomed new financial regulation as a means of restoring public trust. Instead, it’s busily shredding new regulations and making the public more distrustful than ever.

S&P: So What!

mark-pash

Mark Pash: Ongoing investigations by the SEC and Justice Department, Congress and federal regulators who are looking at ways to implement the Dodd-Frank Act, which contains provisions aimed at reducing the raters’ role in the financial system.

What “Shared Sacrifice” Means

obama financial advisors

Carl Bloice: All across the country social services, which largely benefit lower income women, men and children are being cut back and people who made them function are being added to the ranks of the unemployed.

The Shameful Murder of Dodd Frank

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Robert Reich: Wall Street has effectively neutered the Dodd-Frank law, which is the best argument I know for applying the nation’s antitrust laws to the biggest banks and limiting their size.

LA Progressive Articles: January 31 to February 6, 2010

Articles by Andrea Christina Nill, Emily Spence, Carl Matthes, Carl Bloice, Randy Shaw, Joseph Palermo, Rev. Irene Monroe, Norman Solomon, Robert Reich, Paul Hogarth, Ira Chernus, Sherwood Ross, Ron Wolff, Steve Ybarra, Georgianne Nienaber:, John Gallogly, Berry Craig, Gil Troy, Wendy Block, Joseph Palermo, and David A. Love.

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