Other News: Financial reform: Call to arms

Financial reform: Call to arms   By Martin Wolf – Financial Times   Post-crisis efforts to bolster economies and create safer banks have only preserved a flawed system   The financial crises and the years of economic malaise that followed represent profound failures of the economy and of policy. Above …

Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS)

Hat tip to Yves Smith! Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS) Posted: 13 Feb 2012 10:13 PM PST Yves here. No one should be surprised that Bloomberg is reporting today that Goldman is aggressively lobbying for a Volcker Rule waiver for its …

Time for a SMART Financial Transactions Tax!

A publication from iMFdirect Posted on April 13, 2011 by iMFdirect By José Viñals In various guises, the “Year of Living Dangerously” has been used to describe the global financial crisis, the policy response to the crisis, and its aftermath. But, we’ve slipped well beyond a year and the financial system …