Blog
October 10, 2018
By Dennis M. Kelleher and Jack Reidhill
(first appeared on Medium)
As the country’s financial system spiraled out of control, ten years ago today President George W. Bush signed into law the... Read More
October 9, 2018
Slapping Voters in the Face, Republicans Mindlessly Push for More Financial Deregulation
In May, President Trump signed a law deregulating 26 of the largest 40 banks in the country. Many were the same banks that... Read More
September 27, 2018
The Media’s Role in the 2008 Crash Included Enriching Itself Rather than Informing the Public
There was a terrific book a couple of years ago entitled “The Watchdog That Didn’t Bark: The Financial... Read More
September 24, 2018
A financial deregulation bill recently signed by President Trump ended many of the key financial protection rules on 21 of the 40 biggest banks in the country, those with $100-$250 billion in assets. On top... Read More
September 19, 2018
As the country marks the 10th anniversary of the Lehman Brothers failure and the beginning of the worst financial crisis since the Great Depression, new polling commissioned by Better Markets, conducted by The... Read More
August 30, 2018
By Stephen W. Hall, Legal Director & Securities Specialist (appeared on Medium first)
Every American expects and deserves at least one thing from their broker: objective financial advice that serves their best interest... Read More
August 23, 2018
The New York Times Predicted Three Potential Causes of the Next Recession, But Omitted the Critical Role of Deregulation
In a recent piece looking at the three most likely causes of the next recession, the New York Times... Read More
August 16, 2018
The SEC Is Supposed to Protect Investors, Not Take Away Their Rights, Force Them into Secret, Unfair & Biased Arbitration Proceedings, and Let Corporations Keep Tens of Billions of Dollars Stolen From Investors
In a... Read More
August 13, 2018
Following the Consumer Financial Protection Bureau’s (CFPB) dangerous and despicable policies (averaging more than 2 harmful, anti-consumer actions a month) of putting the interests of financial predators ahead of Main... Read More
August 1, 2018
Huge Profits Prove Again that Dodd Frank Isn’t Hurting Banks, But Banks’ Push for Deregulation Still Intensifies
While not setting a new mark for the most profitable quarter ever, as the banks did in the... Read More
July 30, 2018
Wall Street’s biggest banks are not satisfied with just getting deregulation in the U.S. They are also fighting for deregulation in other countries, which is exactly what happened in the years before the last... Read More
July 24, 2018
Today, Trump’s nominee to be the Director of the Consumer Financial Protection Bureau (CFPB) had a contentious hearing in the Senate Banking Committee, where she refused to answer even the most basic and... Read More
July 20, 2018
July 21st marks the eighth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Implemented in the midst of the worst financial crisis since the Great Depression, Dodd-Frank has helped establish... Read More
July 16, 2018
The Dodd Frank financial reform and consumer protection act had three core goals:
Prevent financial crashes, Wall Street bailouts and another Great Recession;
Protect consumers and investors from being ripped off; and... Read More
June 27, 2018
Wall Street’s Biggest Banks Are Gambling with Derivatives and Evading Regulation Again, Setting Us Up for Another Financial Crash
An all-star financial panel of former Federal Reserve Chair Paul... Read More
June 25, 2018
Trump’s Nomination of Permanent CFPB Director Is Nothing More Than a Shameless Ploy to Continue The Brazen Dismantling of the Nation’s Premier Consumer Protection Agency
In a move designed to attract as little... Read More
June 14, 2018
The wisdom and effectiveness of the Volcker Rule’s ban on proprietary trading can be seen since it was put into place: it has forced banks to shift from bonus-boosting but reckless short-term trading to... Read More
June 11, 2018
The book is an eye-opening, panoramic, tour de force that connects the dots of what has happened and is happening in America. It has that rare combination of historical information, in-depth reporting, insightful... Read More
June 1, 2018
Signaling a retreat from the more frequent and substantial sanctions imposed by the Securities and Exchange Commission (SEC) in the past, a new report shows that enforcement activities by the SEC continued to... Read More
May 29, 2018
Why Put Taxpayers on the Hook by Allowing High Risk, Bonus-boosting Gambling Called “Proprietary Trading” at Wall Street’s Biggest Banks?
Want to go to Las Vegas with someone else’s credit card with... Read More