All Articles on Glass-Steagall

Views
Changing the Rules of the Blame Game
A cartoon in the Sunday comics shows that mustachioed fellow with monocle and top hat from the Monopoly game -- "Rich Uncle Pennybags," he used to be called -- standing along the roadside, destitute, holding a sign: "Will blame poor people for food." Time to move the blame to where it really...
Read more
Views
Larry Summers, Tim Geithner and Wall Street's Ownership of Government
White House officials yesterday released their personal financial disclosure forms, and included in the millions of dollars which top Obama economics adviser Larry Summers made from Wall Street in 2008 is this detail : Lawrence H. Summers, one of President Obama's top economic advisers, collected...
Read more
Views
Is Obama Wrong?
When I left on vacation, the right was calling Barack Obama a socialist . When I got back, the new slur was "fascist." The politically impotent Dick Armey pronounced, "For the first time I have a president that scares me." At least, unlike Rush Limbaugh, Armey didn't sound an alarm about having to...
Read more
Views
G20 Must Seize the Opportunity for a Green New Deal
The security clampdown will be the same. The press will gather in droves. The spin doctors will be in full flow, claiming victory for their respective governments. But in every other way the meeting that Gordon Brown will host on April 2 will be different from the last gathering of world leaders...
Read more
Views
The Big Takeover: How Wall Street Insiders are Using the Bailout to Stage a Revolution
The global economic crisis isn't about money - it's about power.
Read more
Views
Obama is Far from a Radical Reformer
Assessing the gigantic new budget proposed by Barack Obama is hard enough, but the $3.6 trillion behemoth turns incomprehensible when left- and right-leaning journalists assigned to analyze it seem unable to separate wishful thinking from political reality. An early skeptic about the left-handed...
Read more
Views
Said without Joy: We Told You So
Is it fair to complain about the actions of the financial deregulators? Could anyone reasonably have foreseen the consequences of a decades-long regulatory holiday for the financial sector? In a word, yes. In preparing " Sold Out: How Wall Street and Washington Betrayed America ," a report that...
Read more
Views
12 Deregulatory Steps to Financial Meltdown
Wall Street's Best Investment - Part II
Read more
Views
The 'Best Men' Fall: How Popular Anger Grew, 1929 and 2009
Obtuse hardly does justice to the social stupidity of our late, unlamented financial overlords. John Thain of Merrill Lynch and Richard Fuld of Lehman Brothers, along with an astonishing number of their fraternity brothers, continue to behave like so many intoxicated toreadors waving their capes at...
Read more
Views
Runaway Wall Street
It is instructional that only one of the three tax-challenged Obama appointees has survived public scorn to retain a high position in the new administration. Oddly enough, it is Treasury Secretary Timothy Geithner, the man who will collect our taxes, whose career has not been stunted by his failure...
Read more

Pages