Like millions of Americans worried over their shrinking retirement funds, I relied on www.sigtarp.gov to find the truth about where our tax dollars were going and to whom. Author Neil Barofsky headed SIGTARP as Special Inspector General over TARP which Congress authorized and funded to keep track and oversee the original TARP …
Federation Issues Major Study of CDCUs and CDFI Industry
Federation Issues Major Study of CDCUs and CDFI Industry (March 14, 2012 – New York, NY) A major new study by National Federation of Community Development Credit Unions (Federation) President/CEO Cliff Rosenthal, entitled Credit Unions, Community Development Finance and the Great Recession, has been released by the Federal Reserve Bank …
A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts
A publication from Baseline Scenario A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts Posted: 05 Mar 2011 06:43 AM PST By Simon Johnson. Testimony submitted to the Congressional Oversight Panel, ?Hearing on the TARP?s Impact on Financial Stability,? Friday, March 4, 2011. I. Summary 1) The …
Banking Under the Dodd-Frank Act from The Baseline Scenario
Banking Under the Dodd-Frank Act Posted: 22 Jul 2010 03:33 AM PDT By Simon Johnson President Obama’s signing of the financial reform bill yesterday does not end our intense debates over banking – rather it just moves them to a new sphere. Instead of arguing about legislation, the next arena …