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Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Fiancial Reform and Its Real Starting Point: Looking in the Mirror

Last Thursday’s newspapers were full of news.  Above the Wall Street Journal’s crease, for example, readers learned about violence in Greece, where three people were killed in a firebomb attack during a national strike that was ...Read more

Financial Reform in America: What Do the SEC’s Two Stories Really Mean?

Financial Reform in America: What Do the SEC’s Two Stories Really Mean?

The Securities and Exchange Commission (SEC) made two important announcements last Friday.  The first continues to make headline news across the country.  It informed the public that the SEC is charging Goldman Sachs with defrauding several customers, and doing so ...Read more

Rolling the Dice with Congressman Barney Frank

Barney Frank, D-MA, takes  gamblers’  interests to heart.  As Chairman of the House Financial Services Committee (HFSC), he plans to replace the Unlawful Internet Gambling Enforcement Act (UIGEA), a regulation made in the “midnight hours” of the previous Administration, with ...Read more

Is Goldman Sachs the New Halliburton? Revolving Doors and Conflicts of Interest

Do conflicts of interest make  Goldman Sachs the new Halliburton?  No.  It may be even worse.

Halliburton/KBR had a revolving door for Dick Cheney that served both of them well.  Their problem is that Cheney as Vice-President was very visible, very ...Read more

Home Ownership, the American Dream, and the Financial Meltdown

The United States is in the midst of a deep and persistent recession.* The financial and economic crisis is complicated in scope and detail, but it’s not complicated in the essentials. This is the first in a series of columns ...Read more


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