With the Wall Street reform bill finally cleared through Congress, activists and intellectuals are pushing hard to make sure that this bill isn’t the last word Congress utters about Big Finance. We need deeper and more robust reforms, but it’s also critical to ensure that the new bill is implemented as effectively as possible. Part of that means appointing officials with a proven record as robust reformers—people like Elizabeth Warren.
Weekly Audit: Why Elizabeth Warren Should Head New Consumer Financial Protection Bureau |
| By: TheMediaConsortium Tuesday July 20, 2010 9:54 am |
2 Comments
Weekly Audit: How Deregulation Fueled Goldman Sachs’ Scam |
| By: TheMediaConsortium Tuesday April 20, 2010 9:28 am |
by Zach Carter, Media Consortium blogger
Last week, the Securities and Exchange Commission filed fraud charges against Goldman Sachs and underscored what most Americans have believed for some time: Wall Street has rigged the economy in its own favor, and will stop at nothing—not even outright theft—to boost its profits. What’s worse, Goldman’s scam could have been completely prevented by better regulations and law enforcement.
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