lobbyists

Bill Black was on Capital Account talking to Lauren Lyster about MF Global. As usual, Capital Account delves deep into the real issues. Black never disappoints. Video below

The country is now suffering a second round of economic and financial distress stemming from the collapse of its banking system in October 2008. That crisis caused a huge loss of savings not only for domestic citizens but also for…

Legislation to modify debit-card interchange fees cannot compete with celebrity gossip. It is not surprising that lobbying efforts have changed the minds of 19 senators who formerly aligned themselves with consumers and small banks (to…

The following video talk is based on a must-read piece Professor Stiglitz wrote in Vanity Fair on inequality in the United States.

From Wikipedia (section to discuss underlined and bolded): Though the Company was becoming increasingly bold and ambitious in putting down resisting states, it was getting clearer that the Company was incapable of governing the vast…

According to Louis Hernandez, U.S. government policy is geared toward the too big to fail banks and this undermines community banks and Credit Unions which serve small and medium sized businesses. His contention is that there is a vast…

I have been reading the press accounts on the William Daley appointment as President Obama's Chief of Staff. Bo Cutter is impressed and says "the new Obama Team will get things done" because "Bill Daley can build…

By Doug Hornig Today, the Federal Communications Commission acts on so-called “Net Neutrality,” and given the commissioners’ predicted 3-2 party line vote, it would be a shocker if they rejected it. What happens next is anyone’s guess,…

Of course they are. Watch this clip of Eric Schmidt to hear what he says in this regard. Is his experience in the telecom and technology space any different than what happens in the financial services space? The other quote that I found…

I will limit my comments in this post since I am so thoroughly disgusted with Washington’s giveaways to special interests.  But I have to bring up health care reform and its likely non-impact on improving American’s economic situation…