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Spitzer: Don't Let The Feds, Banking Lobby Handcuff State Regulators (VIDEO)
The House Financial Services Committee will vote today on whether to establish a Consumer Financial Protection Agency. Former New York Governor, and Attorney General, Eliot Spitzer warned that while this new federal agency is important, it must not come at the expense of handcuffing regulators ...
Examiner Editorial: Uncovering the bull under the bailout
Examiner Editorial: Uncovering the bull under the bailout
washingtonexaminer.com — Congress put American taxpayers on the hook for $700 billion last year when it approved the massive... bailout to paper over the imprudent lending decisions of nine Wall Street giants: Bank of America, Citigroup, Wells Fargo, JP Morgan Chase, Goldman ... (more) Examiner Editorial: Uncovering the bull under the bailout
Cut Their Pay and Send Them Home
powerlineblog.com — Today "compensation czar" Kenneth Feinberg announced the Obama administration's plan to punish executives of companies that received... TARP money by cutting their compensation by an average of 90 percent: Under the plan, which will be announced ... (more) Cut Their Pay and Send Them Home
Why Wall Street Reform is Stuck in Reverse
huffingtonpost.com — At a conference in London, a Goldman Sachs international adviser, Brian Griffiths, praised inequality. As his company... was putting aside $16.7 billion for compensation and benefits in the first nine months of 2009, up 46 percent from a year earlier, ... (more) Why Wall Street Reform is Stuck in Reverse
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Former NY Gov says Fed may Handcuff State Regulators
Open Left - Quick Hits's RSS Feed — From Morning Meeting via HuffPo: The House Financial Services Committee will vote today on whether to establish a Consumer Financial Protection Agency. Former New York Governor, and Attorney General, Eliot Spitzer warned that while this new federal agency is important, it must not come at the expense of handcuffing regulators at the state level, who have been more pro-active in investigating the banks than the feds.

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