Guest Blog by Angus Cunningham, Principal, Authentix Coaches, www.authentixcoaches.com, March 2011 The New York Times carried an article yesterday by Gretchen Morgenson, who often writes on issues of financial reform, in which the US Treasury appears, so far, to be supporting the case of big banks for unrestricted freedom in …
Wall Street’s Global Race to the Bottom
by: Robert Reich, Robert Reich’s Blog | Op-Ed Wonder what’s happening with bank reform? Watch your wallets. Having created giant loopholes in the Dodd-Frank law recently passed by Congress (keeping “customized” derivatives underground, for example), fighting off attempts to cap the size of the biggest banks, and keeping capital requirements …