When did we reach the point where proposed legislation like Glass-Steagall is being presented as a miracle cure/magic wand that will cure all the ills? We do not live in a binary world where the options are all-or-nothing. Senator Warren maintained her composure and pointed out to the Wall St Shills Squawk Box hosts this exact point.
|By: Cynthia Kouril Saturday December 4, 2010 1:59 pm|
The country is in the grip of a great financial crisis. People face record unemployment.Wall Street executives are described as geniuses who are fully worth the exorbitant salaries and bonuses they are paid, but those salaries are coming out of money that should rightfully go to their shareholders.
|By: masaccio Sunday February 28, 2010 10:30 am|
Senator Corker knows that good financial regulation isn’t a partisan issue. Let’s hope he and Senator Dodd were paying attention to the good idea of President Obama to regulate swaps by reducing the concentration of the swaps “market”.