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Tag Archives: financial reform
And debate on financial reform goes on…and on, and on
The Senate’s Democrats failed to get enough votes to end debate on the financial reform bill. So the debate, such as it is, will go on. Now granted, the bill as it stands is a mess. There are hundreds of … Continue reading
Posted in business, politics, Uncategorized
Tagged Credit default swap, Democratic, financial reform, Republican, United States Senate, Wall Street
2 Comments
Again, politics trump conviction — Yippee!
So the Republicans have caved. They are letting the financial reform bill proceed to debate on the Senate floor. They’re probably holding their noses, but they are finally conceding that, rightly or wrongly, standing against reform appears synonymous with siding … Continue reading
Posted in business, politics
Tagged Democrats, derivatives, financial reform, Predatory lending, republicans, Senate
2 Comments
Financial Reform: Don't let the perfect be the enemy of the good
I’m looking at the many facets of the financial reform bill that Chris Dodd, chairman of the Senate Banking Committee, will unveil on Monday. And I’m wincing at the compromises, and gagging at some of the wrong-headed aspects. But I … Continue reading