The Federal Reserve released a series of key data sets today as required under the Dodd-Frank financial reform law. The... View ArticleContinue reading
Are the Inspector General’s Financial Bailout Recommendations Out of Date?
Earlier this month, the Inspector General responsible for overseeing the government’s bailout of the financial sector released an audit of... View ArticleContinue reading
Financial crisis doesn’t disrupt financial fundraisers
"As the public boils with anger over millions of dollars in retention bonuses for American Insurance Group employees, financial interests quietly continue to woo lawmakers with fundraising parties this month.
Actually, I think that members are still wooing the financial industry by offering dinners, breakfasts and events geared to their industry. While members may be publicly throwing AIG under the bus, in private they're only too happy to cozy up with contributors, offering preferred access and insights in exchange for campaign cash.
One of the first rules of following Washington: Watch what they do, not what they say.
National ...Continue reading
In Broad Daylight: K Street Reeling, K Street Rising
Third quarter lobbying disclosure reports tell the story behind financial services lobbying in the lead up to the Panic of... View ArticleContinue reading
AIG Still Lobbying for Lax Regulations
A month ago, at the advent of the global economic crisis, the federal government loaned the nation’s largest insurer, AIG,... View ArticleContinue reading
In Broad Daylight: The Banks Bought Congress
Budgeting political risk helped Fannie Mae, Freddie Mac, and financial services companies avoid the kind of scrutiny they needed from... View ArticleContinue reading
The Other Provisions in the Senate Bailout Bill
An Alternative Minimum Tax (AMT) patch, a mental health parity bill, a package of tax break extensions, and tax breaks... View ArticleContinue reading