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FinancialReform News

FinancialReform News From AOL News

Opinion: Will Financial Reform Work? It Depends

Jul 16th 2010 – 6:35AM
Robyn Beck, AFP / Getty Images

Robyn Beck, AFP / Getty Images

(July 16) -- In speaking about the financial regulation bill he will soon sign, President Barack Obama said that the bill "will prevent a financial crisis like this from happening again." This is oversimplified -- there is no way to prevent every crisis and this bill doesn't come close. In leaving Fannie Mae and Freddie...

What's in the Financial Reform Bill? The 5 Key Changes

By Dana ChivvisJul 15th 2010 – 4:56PM

(July 15) -- The financial reform bill (what's the financial reform bill, you ask?) was passed in the Senate today and will head to President Barack Obama's desk next. The bill has split the country -- or that part of the country paying attention -- along party lines: Democrats say Wall Street needs to be reined in to...

Opinion: What's Really 'Too Big to Fail'?

Jul 1st 2010 – 1:40PM

(July 1) -- The financial reform bill passed by the House on Wednesday is, among other things, supposed to deal with the "too big to fail" problem among financial institutions. That issue -- too big to fail, or TBTF -- is everywhere these days. The concern is about institutions that grow so large that the government has...

Financial Reform Puts Republicans on the Spot

By Joseph SchumanApr 26th 2010 – 8:28PM
AP

AP

(April 26) -- Even as they lost today's Senate vote on overhauling financial regulation, the Democrats expected to get a win. They probably did. The chamber's Republicans held together in opposing a vote to let debate on the measure proceed toward a final roll call, depriving Democrats of the needed 60 votes to override...

Obama Makes Case About Capitalism's Drift

By Joseph SchumanApr 22nd 2010 – 5:26PM
AOL News

AOL News

ANALYSIS (April 22) -- It was a policy speech promoting the congressional overhaul of rules that govern banks and finance. It was a political speech arguing for Democrats' economic credentials ahead of midterm elections this fall. But even more, President Barack Obama today made a case that the current financial crisis...

FinancialReform News From AOL

THE HUFFINGTON POST - BUSINESS

Miles Mogulescu: Wall Street to Obama: Thanks for Saving Our Jobs and Bonuses, Now F*** Off

May 18th 2012 - 03:23PM

Now that President Obama's views on gay marriage have "evolved," it's time for his views on Wall Street to likewise "evolve" and for Obama to forcefully campaign to break the stranglehold of Too Big To Fail banks on the economy.

THE HUFFINGTON POST - BUSINESS

Robert Reich: The Dog That Didn't Bark: Obama on JPMorgan

May 16th 2012 - 02:38PM

The dog that didn't bark this week, let alone bite, was the president's response to JP Morgan Chase's bombshell admission of losing more than $2 billion in risky derivative trades that should never have been made.

THE HUFFINGTON POST - BUSINESS

WATCH: The Jamie-Dimon-Hates-Regulation Mashup

May 15th 2012 - 07:20PM

As one of the only banks that remained profitable during the financial crisis of 2008, JPMorgan was considered by many to be the sturdiest bank in the world.

THE HUFFINGTON POST - BUSINESS

Obama's Quandry: Bashing Blundering Banks While Courting Wall Street Cash

May 15th 2012 - 06:24PM

President Barack Obama's response to JPMorgan Chase's spectacular trading failure underscores a persistent tension in his presidency -- the need to win favor from a public still angry with Wall Street's risk renegades, while courting those same, ever-so-sensitive financiers for campaign cash.

THE HUFFINGTON POST - BUSINESS

Banks Push For Trading Loophole, Would Allow For More Whale Fails

May 15th 2012 - 02:23PM

U.S. banks might act worried about how JPMorgan Chase's trading pratfall will lead to tighter regulations on their own risky bets, but they've already mapped out an escape route.

FinancialReform News From the Web

  • 05/29/12 China weighs options amid slowing growth Source: FT.com With dark clouds gathering over the Chinese economy, the government has started to talk about the importance of supporting growth and speculation is mounting about what actions it will take.
  • 05/29/12 Op-Ed Columnist: The Simplicity Solution Source: International Herald Tribune Will the law prevent another bank bailout if we have a repeat of September 2008?
  • 05/25/12 JPMorgan Mess: Why Mitt Romney's Wrong on Dodd-Frank Source: The Brookings Institution Yet for the presumed GOP nominee Mitt Romney, the news sent a very different message.
  • 05/24/12 What, Me Worry? Alfred E. Neuman & Dodd-Frank Source: Advanced Trading As I tried to put it into some context, based on each new MAD magazine cover , I constructed a meaning that I was quite sure was correct: that "I don't need to worry about anything ... especially things that I don't understand."
  • 05/24/12 GOP finds a frontwoman Source: Salon.com As usual, the suffocating stench of Washington kabuki permeates the whole affair.

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