I know that a number of consumer groups and unions are coming forward to support the financial reform bill that came out of conference committee on Friday. Among those singing the praises of the bill is Elizabeth Warren, the woman who heads the congressional panel overseeing the government’s bailout of American banks, whom I quote […]
One good thing to come out of Republican Scott Brown’s election to the Senate a few days ago, is that it seems to have lit a fire under our President. In an abrupt about-face, Obama came out late last week, saying that our unrepentant financial industry had to be reigned in. Distancing himself from Treasury […]
It’s been one year since the investment bank Lehman Brothers went belly up, putting into motion a chain of events that would culminate in some $600 billion in American taxpayer money being given away to corporations like AIG, Bank of America and Goldman Sachs. To commemorate the day, and breath new life into his stalled […]
