Yesterday was a singularly unimpressive day at the Wall Street reform conference committee, with concessions and industry giveaways galore.
|By: David Dayen Wednesday June 23, 2010 7:05 am|
|By: David Dayen Friday June 18, 2010 5:15 pm|
After the first week of the conference committee for Wall Street reform, I would call the verdict middling. Reformers have won some victories – all hedge funds and private equity firms will have to register with the SEC, credit rating agencies will be on the hook for standard liability for negligence, the Fed audit is more robust and ongoing.
|By: David Dayen Monday May 24, 2010 2:25 pm|
The vote today provides an opportunity to see, in full view, who supports consumer protections and who supports auto dealers getting a free pass. Public Citizen, one of the pro-reform groups working on this effort, has a guide to which members of the Senate would be most likely to support the auto dealers on this one. And an interesting name tops the list. . . .
|By: David Dayen Thursday May 20, 2010 6:36 pm|
Maneuvers late in the day resulted in the Senate passing a financial regulation bill.
|By: David Dayen Thursday May 20, 2010 4:50 pm|
Scott Brown changed his cloture vote from “No” on Wednesday to “Yes” on Thursday. What was he offered in return?
|By: David Dayen Friday May 14, 2010 5:25 pm|
If you were to ask me where Wall Street reform stands right now, I’d give it an incomplete. Well, actually I’d give it a C. There are some decent measures in the Senate bill, even a couple transformative ones, but overall some gaps in the regulatory structure remain, and the same financial oligarchs will have the ability to overrun the system, if in different ways.