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Articles tagged with: “Wall Street”

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August 12th, 2010

Elizabeth Warren, likely to head new consumer agency, provokes strong feelings

Somewhere along the line, Elizabeth Warren became a symbol. She's either the plain-spoken, supremely smart crusader for middle-class families that her supporters adore, or she's the power-hungry headline seeker her critics loathe, a fiery zealot disguised in professorial glasses and pastel cardigans. But no one disputes that she's the most ... continue reading

August 11th, 2010

Wall Street increasingly favors Republicans: study

WASHINGTON (Reuters) – Wall Street and its financial allies did an about-face in political spending in June, giving Republicans over two-thirds of their campaign contributions as Democrats pushed financial reform forward in Congress, a report said on Tuesday.The preliminary findings by the nonpartisan Center for Responsive Politics suggest that a ... continue reading

August 11th, 2010

Cantwell, Murray back Elizabeth Warren for consumer agency

Saying its director should be "independent" and an "outsider," Sens. Patty Murray and Maria Cantwell, D-Wash., are backing Harvard Law bankruptcy expert Elizabeth Warren to head the new Bureau of Consumer Financial Protection. The consumer bureau is a key component of Wall Street reform legislation recently passed by Congress and ... continue reading

August 11th, 2010

Robert Gibbs: 'I don't plan on leaving'

Press secretary Robert Gibbs, revisiting a newspaper interview in which he blasted “the professional left” for criticizing President Barack Obama, brushed off calls for his resignation during Wednesday’s daily briefing and said his remarks were the result of frustration with pundits who haven’t given the administration its due."I don’t plan ... continue reading

August 10th, 2010

White House unloads anger over criticism from 'professional left’

The White House is simmering with anger at criticism from liberals who say President Obama is more concerned with deal-making than ideological purity.During an interview with The Hill in his West Wing office, White House press secretary Robert Gibbs blasted liberal naysayers, whom he said would never regard anything the ... continue reading

August 2nd, 2010

Sanders promises to seek health care waiver from Obama for Vermont

BELLOWS FALLS, VT — U.S. Sen. Bernard Sanders, I-Vt., pledged to personally take Vermont’s case for a statewide single-payer health care system to President Obama if the Legislature authorizes it next year.Sanders, speaking at a health care rally at the Hetty Green Park in downtown Bellows Falls on Saturday afternoon, ... continue reading

Dahr Jamail

Independent Journalist

July 30th, 2010

Our Complicity

Photography by Erika BlumenfeldWe rather be ruined than changed. We rather die in our dread, than climb the cross of the moment, and let our illusions die.-W.H. Auden, excerpted from “The Age of Anxiety”Photo by Erika Blumenfeld © 2010Not long ago we strolled along a beautiful white-sand beach in Orange ... continue reading

July 21st, 2010

Congressional support grows for Warren to head consumer protection bureau

Members of Congress are now lining up to enter the battle over who President Obama should choose to head the newly-created Bureau of Consumer Protection.Two Democratic lawmakers, Rep. Carolyn Maloney of New York and Sen. Tom Harkin of Iowa, are spearheading efforts in their respective chambers get Harvard Law's Elizabeth ... continue reading

July 20th, 2010

Labor Pushes Warren to Head Consumer Agency

Organized labor has jumped into the fight over who should head the new Consumer Financial Protection Bureau that’s part of the financial overhaul. It’s calling on President Barack Obama to pick Harvard Law Professor Elizabeth Warren.AFL-CIO President Richard Trumka and the SEIU both had nice things to say about Warren, ... continue reading

July 16th, 2010

Progressives side with Warren, knock Geithner

Progressives are urging President Obama to nominate Troubled Asset Relief Program watchdog Elizabeth Warren to head the new consumer agency created by financial reform legislation.The Progressive Change Campaign Committee (PCCC) seized on a report Friday that Treasury Secretary Timothy Geithner opposes a possible Warren nomination to the Consumer Financial Protection ... continue reading

July 15th, 2010

Goldman Shares Up; SEC Announces Settlement

NEW YORK -- Shares of Goldman Sachs Group Inc. (GS) surged after the close of trading as the Securities and Exchange Commission announced it would settle a fraud lawsuit against the investment bank. Earlier Thursday, in the regular trading session, shares of the investment bank rose after the SEC said ... continue reading

July 15th, 2010

Congress approves sweeping Wall Street reforms

WASHINGTON – Congress on Thursday passed the stiffest restrictions on banks and Wall Street since the Great Depression, clamping down on lending practices and expanding consumer protections to prevent a repeat of the 2008 meltdown that knocked the economy to its knees.A year in the making and 22 months after ... continue reading

July 14th, 2010

Feingold Will Vote Against Financial Services Reform Bill

With three Republican senators (Scott Brown of Massachusetts and Mainers Susan Collins and Olympia Snowe) now signaling that they will vote with Democrats to enact new rules for how Wall Street and the big banks do business, President Obama says the country is on the verge of taking the steps necessary to prevent future financial meltdowns.“What members of both ... continue reading

July 7th, 2010

Wall St. plans payback for reg reform

With the financial reform bill likely to hit President Barack Obama’s desk in coming weeks, Wall Street’s top political players are warning Democrats to brace themselves for the next phase of the fight: the fundraising blowback. Democrats who backed the bill are finding big banks far less eager to host ... continue reading

July 7th, 2010

Democratic campaign committees losing big Wall Street donors

A revolt among big donors on Wall Street is hurting fundraising for the Democrats' two congressional campaign committees, with contributions from the world's financial capital down 65 percent from two years ago. The drop in support comes from many of the same bankers, hedge fund executives and financial services chief ... continue reading

July 1st, 2010

Why a Bank-Bashing Populist Democrat Opposed the Wall Street "Reform" Bill

No member of the House has been a harsher critic of the abuses of big banks and Wall Street that Ohio Democrat Marcy Kaptur.No member of the House has been more on-target in his condemnations and her calls for reform.During the bank bailout fight of 2008, Kaptur became a national folk-hero ... continue reading

June 25th, 2010

Time to Give Wall Street the Axe, Say Progressive Groups

DETROIT, Jun 25, 2010 - As heads of state from the Group of 20 (G20) most developed and economically powerful emerging nations meet in Toronto, Canada this weekend, some activists at the U.S. Social Forum in Detroit are urging a more realistic look at the roots of the global economic ... continue reading

June 25th, 2010

Bank Stocks Rally As Financial Reform Comes Together

Financial stocks rallied after Congress passed a key hurdle--rather painlessly--in its effort to reform the U.S. financial regulatory structure, paving the way for President Obama's signature in the coming weeks."There was a big political component to this, and the fear on Wall Street was that this bill would be a ... continue reading

June 25th, 2010

Wall Street dodges bullet on derivatives

NEW YORK -- It's a brave new world for the derivatives market. Or is it?Congress' efforts to reshape this murky corner of the nation's financial system may have little impact on the Wall Street firms that dabble in these complex financial investments. As part of the financial regulatory reform bill ... continue reading

June 25th, 2010

Obama claims victory in financial overhaul deal

WASHINGTON – House and Senate negotiators reached a dawn agreement Friday on legislation that redefines federal oversight of Wall Street and, following the signing of the health care act in March, adds another milestone to mark the Obama presidency.President Barack Obama declared victory Friday after congressional negotiators reached agreement on ... continue reading

May 28th, 2010

Banking split essential to avoid new financial crisis, warns OECD adviser

The global economy will be plunged into a second and even more serious crisis unless banks are split into separate retail and speculative arms, a senior policymaker from the west's leading thinktank said today. Adrian Blundell-Wignall, special adviser on financial markets to Angel Gurría, secretary general of the Organisation for ... continue reading

May 25th, 2010

Bonfire of the Loopholes

President Obama and leading Democrats are calling the "Restoring American Financial Stability Act of 2010" the greatest overhaul of Wall Street since the Great Depression. And that may well be true. But judging from the many loopholes in the legislation—with more to come as the banks maneuver stealthily to tweak ... continue reading

May 24th, 2010

Obama Is From Mars, Wall Street Is From Venus

Thirty-eight hours after Scott Brown’s smack-upside-the-head victory in the race for Ted Kennedy’s former Senate seat, Barack Obama took the podium in the Diplomatic Reception Room at the White House. Hovering behind him was Paul Volcker, the former Fed chair and (for months, largely ignored) Obama economic adviser; far off ... continue reading

Dylan Ratigan

Host, Dylan Ratigan Show

May 21st, 2010

Who Will Your Senator Stand With Now?

At this very instant, many of those in our Senate are in danger of being led off the plank by outgoing Chairman of the Senate Banking Committee Chris Dodd. With cloture passing, Senator Dodd now has one final chance to present a manager's amendment to make a weak bill stronger ... continue reading

May 17th, 2010

'Anti-K Street' protest snarls traffic in downtown Washington

A few hundred protesters snarled traffic on K Street on Monday and shut down a Bank of America near Capitol Hill as part of an "anti-K Street" protest sponsored by a coalition of community groups and labor unions. In the rain, members of the National People's Action network and an ... continue reading

First Page 2 of 27 Last

Big new story from David Sirota and Pando on top Christie adviser and appearance of corruption at New Jersey's pension fund: REVEALED: Gov....

Apr 17th
12:41 PM
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FBI Uncovers Al-Qaeda Plot To Just Sit Back And Enjoy Collapse Of United States www.theonion.com WASHINGTON—The FBI announced today that it has uncovered a...

Apr 15th
3:28 PM
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Revealed: Rahm Emanuel's top donor bought stock in Marriott just before it was awarded huge contract pando.com As schools are closed and pensions cut,...

Apr 9th
2:00 PM
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I'll be at First Time Fest today in New York City at the screening of my first film, Roger & Me. Loews Village 7 at 12:30 pm. Come see it on the big...

Apr 5th
9:48 AM
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Revealed: Rahm Emanuel cuts public pensions, diverts money to benefit campaign donors pando.com If you've read the financial news out of Chicago the last...

Apr 4th
2:19 PM
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Please take a moment today to think of Casey Austin Sheehan, son of Cindy and Patrick, who was murdered by U.S. foreign policy in Sadr City, Baghdad ten years...

Apr 4th
2:00 PM
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ICYMI - I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence...

Apr 3rd
7:38 PM
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I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence Prevention...

Apr 2nd
8:27 PM
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I am opposed to the death penalty, but to every rule there is usually an exception, and in this case I hope the criminals at General Motors will be arrested...

Apr 1st
3:55 PM
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How Long Some in the US Will Survive Under New Health Law ...by Donna Smith www.michaelmoore.com Those who must access care to live and can afford it are not...

Mar 31st
10:13 PM
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Last night, The Good Wife on the East Coast started 40 minutes late due to the overrun of the NCAA basketball game. If you had your DVR set for the show, you...

Mar 24th
5:41 PM
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Watching films today, looking for the ones I'm going to pick for my film festival this summer. I (and a whole bunch of others!) have this thing we put on...

Mar 23rd
4:48 PM
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When the U.S. Health Care System Keeps Killing, Who Cares Enough to Fight? ...by Donna Smith www.michaelmoore.com We have largely forgotten that people are at...

Mar 21st
5:56 PM
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Tell the White House not to give up on Dr. Vivek Murthy's nomination as Surgeon General despite the ferocious opposition from the NRA: Don't give...

Mar 21st
5:38 PM
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This criminal would never see a jail cell, nor would his cronies. In fact, they'd later be rewarded with re-election: Presidential Address on War with...

Mar 19th
9:40 PM
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The crime of the century -- our invasion & slaughter in Iraq -- started 11 years ago tonite in this 7pm (ET) hour, March 19th, 2003: CNN Coverage of...

Mar 19th
9:08 PM
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Washington’s Back-to-the-Future Military Policies in Africa ...by Nick Turse www.michaelmoore.com Nick Turse is an award-winning journalist, historian,...

Mar 17th
4:59 PM
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"I think democracy is the most revolutionary thing in the world." -- Tony Benn, 1925-2014 Tony Benn in 'Sicko'

Mar 14th
10:07 AM
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RIP Tony Benn, one of the UK's greatest leaders: Tony Benn, veteran Labour politician, dies aged 88 www.theguardian.com Former cabinet minister died at...

Mar 14th
9:53 AM
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Please read this important story from K. Ford K.: Am I the Face of the New American Middle Class? www.huffingtonpost.com I began to feel I had slipped so low...

Mar 13th
2:24 PM
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Yesterday Dianne Feinstein revealed that the CIA has been spying on the Senate Intelligence Committee. This is all about the report the committee has produced...

Mar 12th
6:48 PM
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Health Care for All Colorado has brought Mercy Killers, a show written and performed by Michael Milligan about our murderous for-profit healthcare system, to...

Mar 10th
1:08 PM
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Health Care Dramas that Sting and Why We Have to Watch ...by Donna Smith www.michaelmoore.com The realities Milligan has written into the show cut deep into...

Mar 10th
1:02 PM
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Did you know the Lehrer Newshour on PBS has been produced for 20 years by a company owned by conservative cable billionaire John Malone? Me neither. After...

Mar 7th
8:39 PM
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Mr. Obama, if int’l law is so damn crucial . . . | RootsAction.org act.rootsaction.org The Russian intervention deserves criticism. But let’s be clear. The...

Mar 6th
1:21 PM
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Enron billionaire John Arnold thinks everyone should believe him when he says we've got to cut pensions because he's so incredibly rich: John...

Mar 5th
4:20 PM
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More in David Sirota's continuing series on the billionaire takeover of PBS: More PBS conflict woes as activists move to eject David Koch from board of...

Mar 3rd
12:35 PM
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Ukraine: One ‘Regime Change’ Too Many? ...by Ray McGovern www.michaelmoore.com Is “regime change” in Ukraine the bridge too far for the neoconservative...

Mar 2nd
9:25 PM
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Latest from David Sirota on Enron billionaire John Arnold smuggling anti-pension propaganda into "neutral" institutions like PBS and now, the...

Mar 1st
12:58 PM
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