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Top Wonk Nomi Prins discusses how Deutsche Bank has failed to learn the lessons of the financial crisis which is why they hav
Last week’s settlement between the Justice Department and five giant banks reveals the appalling weakness of modern antitru
In May 2011, Vanity Fair published an article by Nobel Prize–winning economist Joseph Stiglitz, called “Of the 1%, by the
When Hillary Clinton video-announced her bid for the Oval Office, she claimed she wanted to be a “champion” for the Ame
Wall Street banks handed out $28.
For the past six years, US President Barack Obama’s administration has, more often than not, sided with the interests o
Since the release last week of the latest monthly U.S.
Every fan of the market knows the importance of exit.
President Obama rolls out his budget today, triggering the next salvos in the debate about America’s future.
The Republicans have declared war against Dodd-Frank.
Wow, some things are really hard for elite media types to understand.
Presidents are rarely able to accomplish much in the last two years of a second term.
A funny thing happened on the way to the ‘end’ of the multi-trillion dollar bond buying program known as QE – the F
One early morning in Brooklyn a few months ago, when I was still running for governor of New York, I encountered a man talkin
The recent spike in global political-financial volatility that was temporarily soothed by ECB covered bond buying reveals ano
Deal Book, Andrew Ross Sorkin’s ethics-free paean to painless elite bank frauds – all the wealth and none of the accounta
A review of French economist Thomas Piketty’s best-selling book “Capital in the 21st Century” by the world’s richest
Attorney General Eric Holder’s resignation last week reminds us of an infuriating fact: No banking executives have been
Whatever else comes out of the release of the audio tapes by Carmen Segarra, they have harmed the reputation of Mike Silva, t
In a remarkable development last week, the California Public Employee Retirement System (CalPERS) announced that it was endin
Ever since she released her the anti-globalization manifesto, No Logo: Taking Aim at the Brand Bullies, 15 years ago, Naomi
Brian Edwards-Tiekert interviews Eileen Appelbaum, a senior economist at the Center for Economist and Policy Research and aut
Two hundred years ago, Washington DC was captured by the British – who then proceeded to set fire to official buildings, i
Corporations are adopting a new tactic to lower their taxes—renouncing their U.S.
The wound of the financial crisis of 2008, and the challenge to the legitimacy of our governance, is still very much with us.
On July 30, Argentina’s creditors did not receive their semiannual payment on the bonds that were restructured after the c
The economy grew at an impressive rate of four percent in the second quarter of this year, according to a government report
For federal regulators, the Dodd-Frank Act (DFA) of 2010 resembles an earthquake so massive that its aftershocks threaten to
There is no way to construe as fair the United States court ruling that Argentina cannot pay 93 percent of its creditors, unl
The theme of this year’s European Private Equity and Venture Capital Association (EVCA) symposium held in Vienna in June wa
Four years out from the passage of Dodd-Frank it is pretty clear that the bill did not lead to an fundamental restructuring o
Robert Pollin: If the Fed was serious about strengthening the basic economy, it would bail out American cities.
The United States Federal Reserve System is one of the most powerful governmental organizations in the history of the world.
In recent months, concern has intensified among the world’s financial experts and news media that overheated asset markets
There are two leading views about the world’s financial system.
The shocking thing about the financial collapse of 2008 is not that Wall Street excesses pushed us into the worst economy cri
Our banks are larger than before the 2008 crash and they’re still living dangerously, economist Anat Admati tells Bill.
Robert Johnson says the compulsive pressure of money in politics has led to an abandonment of rules other than rules which tr
Why are nearly 10 million people still out of work today? Was it because in September 2008, the U.S.
As Europe’s depression continues six years after the financial collapse of 2007-2008, watch for far-right parties to ma
Timothy Geithner’s new book about the financial crisis, Stress Test, is basically an argument that the Wall Street bail
President Obama’s chief economist, Jason Furman, weighed in behind efforts to privatize Fannie Mae and Freddie Mac la
When President Obama proposed his stimulus in January 2009, the economy was in a freefall, losing more than 700,000 jobs a mo
Since the beginning of the year, a new wave of doubt has engulfed emerging markets, driving down their asset prices.
Former financial regulator Bill Black says 863-page Volcker rule will allow banks to continue their risky financial derivativ
Five long and eventual years have passed since the demise of the once venerable firm of Lehman Brothers.
HOME prices have been rising rapidly, so much so that there is talk that we are entering another national bubble.
There are three straightforward and rather obvious lessons from the collapse of Lehman Brothers Holdings Inc.
On Sept. 15, 2008, Lehman Brothers — the fourth-largest investment bank in the U.S.
Over the weekend, Larry Summers ended his quest to chair the Federal Reserve.
At least, that’s what we heard.
In 2005, four dozen senior executives at Lehman Brothers took a decision-making course.
Many economists and business writers view the duration and severity of the downturn as being a mystery.
All knowledgeable D.C.
The global financial crisis of 2008 created the worst recession in the developed world since the Great Depression.
You are reading this on a smartphone, then you are probably holding in your palm the conflict minerals that have sent the bi
Speaking of “known unknowns” – foreseeable risks whose realisation is uncertain – was common within t
Next Sunday marks the fifth anniversary of the fateful day that investment bank Lehman Brothers filed for bankruptcy, signali
Professor William Black interviewed on The Real News Network about the track record of potential Fed chair nominee Larry Summ
Bob Pollin on The Real News Network discussing why Larry Summers is likely to be the next Fed chair not despite failures but
The Fed may have accomplished a remarkable feat last month: a quick and relatively painless bursting of an incipient bubble i
The insiders’ campaign to make Larry Summers head of the Federal Reserve Board is relentless.
Nearly five years after the bankruptcy of Lehman Brothers touched off a global financial crisis, we are no safer.
The debate over public pensions shows clearly the contempt that the elites have for ordinary workers.
The drafters of the United States Constitution had to make a fundamental choice: Should they concentrate power in the hands o
I was recently asked by an interviewer who’s going to replace Chairman Bernanke.
Nearly five years after the bankruptcy of Lehman Brothers touched off a global financial crisis, we are no safer.
John Fullerton has written a scathing indictment of Wall Street’s morals.
The global economy needs exchange rate coordination now.
OK so it took almost four decades but finally the mainstream is waking up to the fact that banks do not “lend out” reserv
With leadership transitions at many central banks either under way or coming soon, many of those who were partly responsible
The Obama administration’s push to get Larry Summers as Federal Reserve Board Chair is moving into overdrive as opposit
When I was growing up in Gary, Ind., nearly a quarter of American workers were employed in the manufacturing sector.
The current debate over the Fed Chairmanship displays the ethical emptiness at the top of U.S. political and financial power.
The Real News Network interviews Professor William Black about why he thinks prosecuting low-level JP Morgan employees is too
The financial crisis brought many of Britain’s high street banks into public ownership and left many of Wall StreetR
The news in the last couple of weeks has had endless references to two people who we have been repeatedly told are brilliant:
President Obama’s announcement of his plans for a restructured mortgage market was painful for those who remember the
The reason Larry Summers has become a leading candidate for Federal Reserve chairman is because President Obama is now leanin
The Department of Justice’s (DOJ) latest civil suit against Bank of America (B of A) is an embarrassment of tragic proporti
A bipartisan group of senators recently put forward a proposal for new Glass-Steagall legislation that would restore a strict
Nearly five years after the worst financial crisis since the 1930’s, and three years after the enactment of the Dodd-Frank
During the last few years, a lot of hype has been heaped on the BRICS (Brazil, Russia, India, China, and South Africa).
The decision by the City of Detroit to declare bankruptcy came as a shock to many.
You might think that we have been living in a post-bubble world since the collapse in 2006 of the biggest-ever worldwide real
You didn’t have to be in New York to feel the shudder on Wall Street when Eliot Spitzer announced that he was running for N
Former regulator Bill Black discusses whether the level of systemic risk due to fraud in our financial markets has improved o
Financial reform is stuck There was sensible intent in the Dodd-Frank legislation of 2010, but the pressure from global megab
Last week saw the first hearing in the US government’s court case attempting to hold ratings agencies accountable for their
Demos Distinguished Senior Fellow Teresa Ghilarducci joins the Diane Rehm show to discusses the social and financial impli
On Tuesday, federal banking regulators opened an important new phase of the debate on how safe very large financial instituti
It’s not news that the Wall Street banks have enormous influence over policy in Washington.
America’s failure to solve the continuing mortgage crisis is the most serious lapse in the aftermath of the 2008 subpri
Former regulator Bill Black joins the Fraud Report on the Real News Network to discuss 3 prominent financial experts push to
The big question: Are we at risk of another banking crisis?
Oh, yes. Definitely.
Until the recent bout of financial-market turbulence, a variety of risky assets (including equities, government bonds, and co
The devil is always in the details And the greatest devils of our economic age lurk in the details of how officials regard th
In recent years, a growing number of African governments have issued Eurobonds, diversifying away from traditional sources of
The rumor is that Gary Gensler, the Goldman Sachs trader turned Wall Street regulator, may see his time atop the Commodities
n August 2011, 10 law professors petitioned the Securities and Exchange Commission (SEC) to require publicly traded compani
Professor Bob Pollin laments the failure of the Obama administration to reappoint Commodities Future Trading Commission Chair
In traveling across the country to talk about the impact of the Supreme Court’s 2010 decision in Citizens United, I frequen
Imagine someone had told you in early 2008 that the U.S.
Global megabanks and their friends are pushing back hard against the idea that additional reforms are needed – beyond w
It should be the best of times for the left Instead, discredited austerity policies still reign, and it’s the far left
In the five years since the financial crisis crippled the American economy, a favorite warning of those who have urged forcef
Large multinational nonfinancial companies waded into the debate over too-big-to-fail financial institutions this week, comin
What do you get when you throw together economic fraudsters, plutocrats and opportunistic criminals? A financial crisis, that
The economies of the United States and Europe are seeing their worst downturn since the Great Depression.
It is appropriate that Andy Haldane, Executive Director for Financial Stability at the Bank of England and a member of the I
Standard Chartered and HSBC’s leaders must be doubly humiliated by the description by Mythili Raman, the acting head of
The race is on to determine who will succeed Ben Bernanke as chairman of the Board of Governors of the Federal Reserve System
Recent data showing housing prices rising at their fastest rate since the collapse of the bubble have many people asking whet
Former financial regulator Bill Black draws discusses Liberty Reserve’s 6$ billion money laundering scandal on the Re
A Senate report criticizes Apple for shifting billions of dollars in profits into Irish affiliates where its tax rate is l
The recent governance controversy at JPMorgan Chase has masked a much larger issue.
Defenders of big banks are adamant that we have fixed the problem of too big to fail Organizations such as the Bipartisan Po
Former regulator Bill Black berates the Commodity Future Trading Commission’s latest capitulation to the banking indu
As someone who knows the FDIC — which is actually the agency that takes down failing banks — she’s in an unusually go
On Tuesday, with some fanfare, the Bipartisan Policy Center in Washington rolled out a report, “Too Big to Fail: The Path t
As we move toward the fifth anniversary of the great financial crisis of 2008, people should be outraged that cutting Social
Have you heard about HR 807, the “Full Faith and Credit Act,” passed last Thursday by the House of Representative
A simplistic (actually, naive) view of markets is that they exist almost in a “state of nature,” and that the best of all
The skirmishing is almost over, the main armies almost assembled.
Some proponents of the current American version of corporate capitalism contend that if there is a problem with the way our l
In recent weeks, citizens in many countries suffering from government budget cutbacks have been learning more and more about
In early 2010, during the debate over the construction of the financial reform bill that would become Dodd-Frank, Rep.
Laurence Fink, the 60-year-old CEO of Wall Street money manager BlackRock Inc., wants the retirement age raised to 70.
The megabank lobby has finally put its best arguments on the table.
Former Chief Economist of the IMF Simon Johnson discusses new efforts to curb too big to fail, specifically by raising the bi
The ongoing weakness of America’s economy—where deleveraging in the private and public sectors continues apace—has led
A year ago, the big U.S.
There are two competing narratives about recent financial-reform efforts and the dangers that very large banks now pose arou
At this point, no one will stick up for too-big-to-fail financial institutions.
The International Monetary Fund is accustomed to rallies outside their Washington, D.C.
Shareholder Value and its Disappointments
By the end of the 20th century, a broad consensus had emerged in the Anglo-America
The Clearing House, an association of banks, is at the forefront of efforts to prevent further potential restrictions on how
Some lies will not die. As I have demonstrated repeatedly, Third Way is Wall Street on the Potomac.
While bank lobbyists and some commentators are suddenly taken with the idea that an active debate is under way about whether
This weekend, the eurozone was greeted with the spectre of a something it had hoped was behind it: the dreaded bank run.
Anat Admati joins NPR’s Renee Montagne to explain why banks borrow more than they should, how new regulations aren̵
The largest banks in the United States face a serious political problem.
Anat Admati, co-author of ‘The Bankers’ New Clothes’, tells CNBC that no industry should rely on leverage a
In testimony to the Senate Banking Committee this week, Ben Bernanke made a clear statement acknowledging that very large Ame
1. Private markets, rather than the GSEs, created the subprime mortgage boom.
Professor Bob Pollin analyzes the lack GDP growth in the United States, stagnant unemployment rates, and the fragility of the
Former Regulator William Black discusses Lanny Breuer’s recent resignation from the Justice Department following PBS
Jacob J Lew, the president’s nominee for Treasury secretary, and Mary Jo White, the nominee for chairwoman of the Securitie
Securities lawyer Frank Partnoy discusses Citigroup’s lack of rigor, especially Vikram Pandit, in assessing its interna
Robert Shiller predicts that we are on the verge of entering a normal housing market with modest price inclines on BNN, Janua
“Too big to fail is too big to continue The megabanks have too much power in Washington and too much weight within the fina
The Takings Clause of the Constitution’s Fifth Amendment made national news last week with the spectacle of AIG playing
Brennan Center’s Michael Waldman joins Wall Street Journal editor Stephen Moore in discussing AIG’s potential law
Former Federal Regulator William Black provides a brief synopsis of the new BASEL liquidity agreement, analyzing its strength
The financial crisis had many causes—too much borrowing, foolish investments, misguided regulation—but at its core, the
Anat Admati exposes the flaws in the banking system that could trigger another financial collapse, and lays out a plan to fix
In a desperate attempt to prevent implementation of the Volcker Rule, representatives of megabanks are resorting to some las
At age 85, Mr. Volcker, the former chairman of the Federal Reserve, speaks softly and displays a razor-sharp mind.
Why is HSBC still in operation? On the same day (December 10, 2012) that the Obama administration leaked the story of the HSB
In an effort to promote a more balanced economic approach between government and business, President Obama has proposed a con
The battle between President Obama and the Republican Congress has become a major spectator sport as we approach the end of t
Case-Shiller Index author Robert Shiller discusses the modest increases in the real estate market and continued economic unce
This is now the standard line from Wall Street lobbyists: Don’t worry about “too big to fail” financial institutions be
One of the most important results on Tuesday was the election of Elizabeth Warren as United States senator from Massachuset
Case-Shiller Index author Robert Shiller discusses the role of the housing market in the 2012 election, reforming the mortgag
Consumers swipe millions of debit and credit cards every day in electronic transactions for which merchants are charged a sma
In Washington today, “bipartisan” is a loaded term.
Case-Shiller index co-author Robert Shiller discusses presidential candidates, the global economic forecast, and euro-zone un
Conservative commentators use the term “pander” to describe politicians, usually liberals, who are sensitive to w
Frank Partnoy discusses Goldman’s ethics in the wake of Greg Smith’s scathing article and book on 60 minutes Octo
Michael Greenberger discusses the political and economic power wielded by large financial institutions in America on the
Simon Johnson discusses the advantages massive financial institution receive from being too big to fail on CSPAN, October 16t
Michael Greenberger discusses the legal and lobbying assault by financial institutions on speculation regulation on the Rea
Daniel Tarullo, a governor of the Federal Reserve System, spoke for the first time last week about potentially imposing a si
Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the
Economic policy is always torn between helping the broader social interest – lots of ordinary people – and favoring parti
Talk of unfairness to banks so soon after the financial crisis confounds Michael Greenberger, a former director of markets at
Global regulators have a peculiar way of assessing the soundness of big banks: Ask bankers how risky their investments are, t
Bob McIntyre refutes the idea that a low Capital Gains tax rate stimulates economic growth on PBS, September 25, 2012.
Jim Chanos discusses the impact of high speed trading on financial markets on CNBC September 20th, 2012.
On the anniversary of the 2008 financial crisis, William Black discusses Countrywide, fraud and the housing bubble on AL Jaze
Dean Baker discusses taxing the wealthy, US manufacturing, and the middle class on MSNBC, September 19, 2012.
During Mitt Romney’s time at its helm, Bain Capital cleverly invested in, and made enormous profits from, companies that
“We have exposure across numerous strategies, which could have been affected for the positive and the negative,”
After a long summer of high-profile scandals — JPMorgan Chase trading,Barclays rate-fixing, HSBC money laundering and
Last week Vice President Joe Biden did a courageous thing, he promised an audience in southern Virginia that there will be no
Economists are often preoccupied with incentives.
Whether the eurozone is viable or not remains an open question.
Generations of Americans have worked together to build our nation’s Social Security system.
When I was a student, my English-major friends warned me that economists were people who didn’t have enough personality to
The record drought and crop failures will create shortages, especially of corn, and will increase the prices of many foods th
Mike Grunwald has a post at FP summarizing his new book, The New New Deal.
The possibility that economic theory is ‘performative’ – that the theory creates the reality – has long fascinated me
The record drought and crop failures will create shortages, especially of corn, and will increase the prices of many foods th
Proponents of the status quo in the financial sector just cannot catch a break.
The case of the rigged Libor turns out to be the scandal that just keeps on giving.
The euro crisis is once again dominating the headlines.
Let’s not expect central bankers to bail out the continuing economic mess.
Global megabanks have had a tough summer.
August has been a dangerous month in European history, but this year it could be the turning point for the eurozone – and
Many people are following the presidential election closely with the idea that the outcome will have a major impact on nation
Robert Shiller talks about home price seasonability and volatility over the last four months and the potential for another bu
The Olympics aren’t the only thing happening across the pond these days.
Eyal Press’ book “Beautiful Souls: Saying No, Breaking Ranks, and Heeding the Voice of Conscience in Dark Times” is a s
Will no one rid me of the accursed examiners?
Examiners look at spreadsheets, but so do supervisors.
The wealthiest Americans often choose to live in gated communities, designed to shield them from the intrusion of those Ann R
The financial crisis of 2008 has spurred a global debate on how much government regulation of markets – and what kind &
Jeffrey Sachs discusses HIV and AIDS in relation to the global economy and where we are on Hilary Clinton’s path to an
Last week, I gave a talk to the Missouri Association of Public Employee Retirement Systems annual meeting.
The U.S. economy could use another boost, and it won’t come from fiscal policy.
Despite what the debt and deficit hawks would have you believe, we can’t cut our way back to prosperity.
WASHINGTON, DC – The financial crisis of 2008 has spurred a global debate on how much government regulation of markets –
William Black talks about the Libor Scandal and the NY Fed’s involvement on After the Bell on Fox Business Network, Jul
As Europe struggles through its sovereign debt crisis, Germany is considered the strong arm of the region.
Robert Shiller discusses with Steve Forbes why financial systems are necessary in modern society, covering everything from t
Ever since the housing bubble collapsed, the Federal government has refused to take major initiatives to help underwater home
Jettisoning the grandiose dream of a global reserve currency and promoting viable national economies is the way out of the eu
As recriminations related to the scandal surrounding the London interbank offered rate continue, one crucial question remains
William Black talks about JPMorgan’s recent “trading blunder” on Al Jazeera, July 14th 2012.
Michael Greenberger talks about Russell Wasendorf’s arrest for $200 million missing in fraud on WCBS, July 13th 2012.
In the aftermath of the Barclays rate-fixing scandal, the most surprising reaction has been from people in the financial sect
Robert Reich dissects important election year issues that will impact the economy beyond 2012, July 11, 2012.
On July 3, the Federal Deposit Insurance Corp.
In recent weeks Alan Simpson, the foul-mouthed former senator, has apparently been sent to the sidelines.
Simon Johnson talks about the impact the Affordable Care Act will have on Americans, the Jamie Dimon resignation petition, Ba
In a piece that has the word “explainer” in its headline, the post proceeds to mis-explain the LIBOR scandal to
In the middle of an article that is largely devoted to discussing the absurdity of Republicans attacks on the Affordable Ca
William Black, with senior economist at Moody’s Analytics Ryan Sweet, talks about how America is headed towards a reces
WASHINGTON (MarketWatch) — Private employers have added jobs for 28 straight months, proving the resilience of the U.S.
Dean Baker, with Micro Strategy president David Goldman, discusses employment trends, “Obamacare,” the threat of
Earlier this week I noted, tongue-firmly-in-cheek, that we’re all MMTers now, following Paul McCulley’s recommendation th
Frank Partnoy discusses his new book, applying delayed decisions to the banking crisis and the snap judgments from Wall Stree
If Europe continues its steady march to financial depression and collapse of the Euro, no politician will be more to blame th
Simon Johnson discusses why JPMorgan CEO Jamie Dimon should leave the New York Federal Reserve Board and also explains the ne
Several years into this recession, the overall amount of underwater mortgage debt is still very high.
The leaders of France and Germany may have their differences on the big question of the day — stimulus versus austerity.
Nouriel Roubini discusses the European debt crisis on Bloomberg.
Frank Partnoy discusses the “short-termism” of corporate life, how media affects our decision-making and happines
Jeffrey Sachs talks about the European crisis, economic globalization, and the lack of public support of a “United Stat
Robert Shiller talks about the rising prices of homes but the uncertainty of the future of those prices on Fox Business Netwo
Republicans blame President Obama for the economy’s slow recovery.
US inequality is at its highest point for nearly a century.
Jeffrey Sachs talks about the wave of synchronized economic slowdown across the globe on Morning Joe on MSNBC, June 25th 2012
Robert Shiller talks about the Occupy Movement and hypothesizes on why CEO’s are paid so much on CSPAN2, June 23rd 2012
William Black talks about the recent Moody’s downgrades and how they make an impact on the presidential elections on Al
Damon Silvers talks about the benefits of public investments and alleviating the housing and student loans mess on CSPAN2, Ju
William Black discusses JP Morgan’s recent trading loss, bank regulation, and Jamie Dimon’s Senate Banking Commit
Dark, lowering financial and economic clouds are, it seems, rolling in from every direction: the eurozone, the United States,
Celinda Lake and Ed Goeas discuss the issues that President Obama faces in order to win re-election at the Chatham House o
Two years after passage of the Dodd- Frank financial reform law, how are we doing putting in place crucial provisions, includ
On the “PBS NewsHour” in late May, Treasury Secretary Timothy Geithner indicated that the continued presence of Jamie Dim
Joseph Stiglitz discusses the wealth divide in America, investors and speculation, bottom-to-top money flow, political power,
Watch live streaming video from fstv1 at livestream.
We all know that America’s cities and towns are in the throes of a deep financial crisis.
Jeffrey Sachs discusses Spain’s banking crisis and how things are looking for the country on CNBC, June 11 2012.
This month, Europe will either sink deeper into economic crisis, or drastically reverse course.
Europe’s top politicians, led by German Chancellor Angela Merkel, seem determined to repeat the same mistakes over and over
The crisis in 2006 was more of a problem of too much debt and leverage of the private sector – households, banks, financial
“Why Nations Fail: The Origins of Power, Prosperity, and Poverty,” by Daron Acemoglu and James Robinson, is a brilliant a
There are two diametrically opposed views of how the largest financial companies in our economy operate.
It is way too early to tell whether Facebook shares will end up being a good buy, but the reaction to the initial public offe
Tom Ferguson discusses the relationship between Senator Johnson, chair of the Senate Banking Committee, and JP Morgan on Rea
Addiction counselors tell their clients, “We can’t help you until you admit you have a problem.
Simon Johnson discusses the conflict of interest posed by Jamie Dimon’s membership on the board of the New York Federal
Jamie Dimon, CEO of JP Morgan Chase, is a member of the board of the New York Federal Reserve Bank. Mr.
In an interview on PBS NewsHour, US Treasury Secretary Tim Geithner commented on JPMorgan Chase chairman, president and chief
High quality global journalism requires investment.
Many are shocked by the $2 billion (oops! $3 billion and counting) trading loss at J.P. Morgan Chase & Co.
Holding your breath about the fallout from J. P.
JPMorgan Chase is too big to fail. As the largest bank holding company in the United States, with assets approaching $2.
I wrote in May 2009 on how hedge funds could squeeze a bank:
There were two dimensions to the cause of the current credit cr
Whether or not Greece has to leave the eurozone, and whether or not a growth compact is added to the fiscal treaty, there i
Anne Simpson discusses Jamie Dimon’s chairmanship and stricter wall street regulation on CBS, May 15th, 2012.
William Black discsuses opaque derivatives, European debt and the global financial system on Democracy Now, May 15th, 2012.
Sony Kapoor discusses economic uncertainty in Greece and the Eurozone at large on BBC, May 15th, 2012.
“If you have an opaque market, nobody knows what the problems in it might be,” Born said.
Lynn Stout explains derivatives, hedging and the recent JP Morgan loss on NPR, May 14th, 2012.
“The recent J.P. Morgan Chase debacle proves that financial markets do not self-regulate.
Simon Johnson discusses Jamie Dimon ,hedging and JP Morgan on Bloomberg Television, May 14th, 2012.
Michael Greenberger discusses recent JP Morgan losses and the lack of financial regulation on CBS, May 13th, 2012.
Michael Greenberger, a former Wall Street regulator and current law professor, said it should come as little surprise that sm
Michael Greenberger discusses complex financial instruments, the Dodd-Frank act, and the recent JP Morgan financial loss on
Experienced Wall Street executives and traders concede, in private, that Bank of America is not well run and that Citigroup h
“This is a crucial moment in the debate,” said Frank Partnoy, a professor of law and finance at the University of San Die
Simon Johnson discusses the Spanish government’s move to recapitalize Bankia SA on BNN, on May 10th, 2012.
Almost exactly two years ago, at the height of the Senate debate on financial reform, a serious attempt was made to impose a
The power suits making billions off the stock market are always trying to assure us that their trading serves a socially rede
Nouriel Roubini discusses the European monetary crisis and the probability of Euro zone break up on CNBC, May 9th, 2012.
The power suits making billions off the stock market are always trying to assure us that their trading serves a socially rede
Simon Johnson discusses the inherent danger of too big to fail banks on CSPAN2, May 2nd, 2012.
About half of all Americans, ranging from the working poor to the tenuous middle class, report living paycheck to paycheck.
Michael Greenberger discusses the role of banks, hedge funds and private equity firms in the crude oil futures market on BNN
Lynn Stout discusses fundamental issues plaguing the financial system on WNET, April 25th, 2012.
Robert Shiller discusses the long term outlook for the real estate market on FBN, April 24th, 2012.
Robert Shiller discusses the slumping house market on Bloomberg Television, April 24th, 2012.
Anne Simpson discusses CALPERS decision to reject a recent CITI CEO compensation package on PBS, April 19th, 2012.
Simon Johnson discusses highly leveraged banks and the dangers to the financial system on CBC, April 16th, 2012.
Robert Shiller discusses innovating and updating finance to help improve economic mobility on CNN, April 15th, 2012.
Jim Chanos discusses the Federal Reserve and its impact on financial markets on CNBC, April 12th, 2012.
Robert Reich discusses private equity’s role in Mitt Romney’s wealth and their broader impact on the economy.
Frank Partnoy discusses complex financial instruments and the housing market on CNBC, April 10th, 2012.
Amy Goodman interviews William Black, a white-collar criminologist, former financial regulator, and author of “The Best Way t
Robert Shiller discusses the value of finance at Yale, April 1st, 2012
William Black discusses derivatives and the shadow financial system on MSNBC, April 1st, 2012.
A major new research report — released this weekend by the renowned international consulting firm, IMS — finds c
Bob Herbert discusses the recent spike in gas prices on CNN, March 31st, 2012.
Robert Shiller discusses innovation and the financial system on Fox, March 26, 2012.
In a recent article we wrote: “America today is very different from the country that fought the Revolutionary War and f
Tax cuts for corporations and the super-rich; budget cuts for Medicare and Medicaid – how cynical can the congressman be?
I suppose it is now safe to reveal that a staffer of Representative Marcy Kaptur put me on the trail of this fraud — in
Beginning in the late 1990s the biggest banks and government-sponsored enterprises created MERS (Mortgage Electronic Registra
This morning’s op-ed in the New York Times by Goldman Sachs exec (or should I say, ex-Goldman exec) Greg Smith is t
There should be little doubt that President Obama deserves credit for what recovery we are seeing, although he also must shar
The recent BIS Quarterly Review article “European Bank Funding and Deleveraging” takes a stab at connecting all
By now, nurses in bright red scrubs are a familiar sight at rallies in Washington, D.C.
You don’t have to be a genius to pick good investments. But does having a high I.Q.
Timothy Canova discusses the failure of the private banking industry on the Labor Report, February 2012.
The mortgage servicing deal reached today between a coalition of state attorneys general and five major Wall Street banks is
Timothy Canova discusses derivative deregulation and its impact on the commodities market on Radio Building Bridges, Febr
Timothy Canova discusses the rise in commodities prices, on Radio Building Bridges, February 3 2012.
A new working paper by Eileen Appelbaum of CEPR and Rosemary Batt of Cornell University pulls from a widely-cited body of res
I vividly remember my grandparents’ home, the notches on the wall that signified the growth of my mother, aunts and unc
Now, we had Campaigning on Fairness Obama.
Tamara discusses the state of the U.S. banking system and regulation on CNN, January 23 2012.
Lynn Stout discussing the deregulation of the American financial system at the Federalist Society, January 5 2012.
Sarah Anderson discusses the economic benefit of a financial transaction tax on Real News, Janurary 3rd, 2012.
Simon discusses the European financial crisis and its relationship to the European banking system at the Peterson Institute
Experts still debate what caused the credit crisis of 2008.
An increasing share of the economy is organized around financial capitalism, where, in contrast to the past, capital market a
Lynn Stout talking about shareholder’s rights and corporate governance at the UNSW, December 12 2011.
Rethinking “Responsible Investment” in the wake of the finan-cial crisis is a daunting theme, and one best accomplished w
Lynn Turner highlights the ill advised loans by banks, and discusses the need for Wall Street accountability on New Economic
It is now accepted wisdom that it was the non-transparent, poorly capitalized and almost wholly unregulated over-the-counter
Dean Baker discusses the financial transaction tax and the cozy relationship between Wall Street and Washington on RT Americ
Lynn discusses the harmful impact of corporations on modern economic finance at UNSW, December 4 2011.
John Schmitt discusses the implications for the Federal Reserve’s involvement in the Eurozone on the Rick Smith Show, D
Nomi Prins discusses derivatives and investment banks on RTAmerica, 29 Nov 2011.
Europe is embarked on a grand experiment, managing modern financial crisis without a dealer of last resort, so refusing to fo
Nomi Prins discusses foreclosures and profits of investment banks on MSNBC, November 10 2011.
In the context of the eurozone’s sovereign debt crisis and the US subprime mortgage crisis, Senior Scholar Jan Kregel looks
Tamara Draut discusses the Greek economy, unemployment, and the “welfare state” on Fox, November 3 2011.
Simon discusses the possibility of insurance companies and hedge funds becoming too big to fail at INET, October 27 2011.
Bank of America had impeccable timing when it decided recently to charge a $5 monthly fee for the privilege of using its debi
Robert Shiller talking about the “housing market” at S&P, October 25 2011.
Alan Blinder discusses financial markets and the economic impact of the Federal Reserve on Bloomberg, October 20 2011.
Dean Baker discusses the precarious position of the Obama administration with the advent of Occupy Wall Street on Keith Olbe
Michael Greenberger discusses national security and economic reform on WYPR, October 17 2011.
Occupy Wall Street, the ongoing demonstration-cum-sleep-in that began a month ago not far from the New York Stock Exchange an
Jim discusses the state of the Chinese banking system on Bloomberg Television, October 11 2011.
Arjun Jayadev discusses the fed, banks, and the state of the financial system at Occupy Boston Economics Forum, October 10 2
Brenda Wright discusses whether calling an Article V convention would help to reform campaign finance at the Constitutional
Walker Todd discusses the state of the global economy on Gary Goldberg Financial Services, September 22 2011.
On October 3 activists from across the country will gather in Washington at the Take Back the American Dream conference, in t
Jim discusses European short selling, Chinese debt, and investments on Bloomberg Television, September 20 2011.
Randall Wray discusses Wall Street and the Stock Market on KPFK, September 15 2011.
Diane Coyle discusses the realities of contemporary markets at the Future Prosperity Panel, September 12 2011.
Guns don’t kill people, the old saw goes. People do.
By the same token, corporations don’t dodge taxes.
A new study looks at the worst executive excesses–while Congress continues to help CEOs hide their outrageous pay rates
Michael Greenberger discusses public policy, commodities trading, and economic bubbles on RT, August 29 2011.
Robert Shiller talking about the “tech and housing bubbles” on Wealth Track, August 26 2011.
Frank Partnoy discusses Credit Downgrade and National Debt on NPR, August 17 2011.
I keep hearing comparisons between the London riots and riots in other European cities—window smashing in Athens or car bon
Despite all the recent talk of “grand bargains,” little attention has been paid to the unraveling of a truly grand bargai
James discusses the S& P downgrade’s relationship to the financial markets on the Real News Network, August 9 2011.
Michael Greenberger discusses the recent credit downgrades on Dan Rodricks, August 8 2011.