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.

Why Obama Should Break Up Big Banks

obama staff gardem

Robert Reich: What better way for Obama to distinguish himself from Romney than to condemn Wall Street’s antics since the bailout, and call for real reform?

I Will Stand with Occupy Wall Street

Brent Budowsky: With Bank of America the latest bank to grind its heels on the necks of patriots who paid for its bailout, something powerful and profound is happening in America.

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.

New Finance Bill: Mountain of Legislative Paper, Molehill of Reform

Lloyd Blankein, Goldman Sachs

Robert Reich: The American people will continue to have to foot the bill for the mistakes of Wall Street’s biggest banks because the legislation does nothing to diminish the economic and political power of these giants.

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