Banks Could Still Blow Up The World

The Huffington Post  |  By Mark Gongloff Big banks are perfectly safe these days, unless you count all those weapons of mass financial destruction they’ve got lying around. And who’s counting those? Certainly not the banks. Some in Washington are doing a premature victory dance over the relatively gentle new regulations that have been applied to Wall Street since […]

Oh, Whoa, Whoa, The Bankers Are Cryin’…Again

No, Making Banks Hold More Capital Is Not Going To Wreck The Economy Mark Gongloff, Huffington Post Uh-oh, everybody: Bankers are warning that the U.S. economy could be in deep trouble. Not because bankers wrecked it again, like that last time, but because we are being mean to bankers. Fortunately, these bankers are probably wrong. […]

Warren On The Warpath As She Embarrasses Bumbling Bank Regulators

Ryan Grim, Huffington Post     Bank regulators got a sense Thursday of how their lives will be slightly different now that Elizabeth Warren sits on a Senate committee overseeing their agencies. At her first Banking, Housing and Urban Affairs Committee hearing, Warren questioned top regulators from the alphabet soup that is the nation’s financial regulatory structure: […]

GOP To Obama: You Don’t Know Jack About Jack Lew!

Treasury nominee Lew’s history with Citigroup raises questions  Jia Lynn Yang, Washington Post A day after New Year’s in 2008, Citigroup announced that one of its most troubled units had a new chief operating officer: Jack Lew. In a sea of Wall Street traders and hedge fund managers, Lew stood out. He was a career government bureaucrat who […]

Who’s Jack Lew?

White House Chief of Staff Jack Lew Could Be Named As Geithner’s Replacement Steve Dibert, MFI-Miami It appears that President Obama is close to finally naming a replacement for outgoing Treasury Secretary Timothy Geithner.  Bloomberg reports the President will be nominating White House Chief of Staff Jack Lew for the position as soon as this […]

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