Low Regulator Assertiveness Part of Problem With Mitigating Financial Risks

By: Tuesday June 12, 2012 11:00 am

Jamie Dimon testifies before the Senate Banking Committee tomorrow, and this Bloomberg report alleges that he was personally responsible for keeping regulators at bay from the chief investment office, the one responsible for all the Fail Whale losses, which could reach past $5 billion at this point.

 

IL Sen: Giannoulias Supports Brown-Kaufman, Higher Capital Requirements

By: Friday July 30, 2010 3:00 pm

enate candidate Alexi Giannoulias (D-IL) has come out expressing support of a measure mandating big bank break-up, albeit with an emphasis elsewhere.

Feingold Will Filibuster FinReg If It Does Not Include Serious Banking Reform

By: Thursday May 6, 2010 9:55 am

In a fiery speech on the Senate floor, Russ Feingold conditioned his support for the Wall Street reform measure on adding a multitude of amendments that would break up the mega-banks, cap size and leverage and restore the firewall between commercial and investment banks. He even went so far as to say that he would not vote to end debate on the bill unless these and other serious banking reforms were part of it.

The Fate of the “Liberal Amendments” to FinReg

By: Thursday May 6, 2010 9:21 am

The choice facing Senators is clear — empower the same exact regulators who failed previously, or fundamentally change the way Wall Street does business, to the benefit of all.

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