In advance of planned hearings this fall, House Financial Services Chairman Spencer Bachus has asked the financial industryto offer suggestions on how they should be regulated. Translated, he’s asking Wall Street banks to write Wall Street reform laws. As if … [CLICK TO READ MORE]
24 percent of Wall Street executives said they believed financial services professionals may need to engage in unethical or illegal conduct to be successful.
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June 18, 2012 Has capitalism failed in the US? Or has it been a success? It depends on who you ask. However, by the strictest of definitions, it’s impossible to know; because it has never been given a chance to … [CLICK TO READ MORE]
If you’re a member of Congress and on the right committees, you are positioned to get very huge campaign funds from special interest. “The committees in the House of Representatives that oversee tax writing and regulation of the financial industry … [CLICK TO READ MORE]
January 26, 2012 Rahm Emanuel was President Obama’s original Chief of Staff. Many said he got the job because he and Obama were friends and had a long relationship. Maybe. But the fact is Emanuel came from the banking system; … [CLICK TO READ MORE]