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Financial reform News

Op-Ed: Two Positive Money meetings scheduled for December

Financial reformers Positive Money have two meetings scheduled before Christmas: the first meeting at Carmarthen, West Wales, and the fourth one in Belfast.

In the Media by Alexander Baron

Op-Ed: Positive Money on the scrounge

Ben Dyson of Positive Money has issued an appeal. If you can't afford to donate, you might consider joining one of the protests in a movement whose time has surely come.

In the Media by Alexander Baron

Op-Ed: Where does money come from?

The people at Positive Money have published a new book called “Where Does Money Come From?” For most of us, the big question is: where did it go?

In the Media by Alexander Baron - 1 comment

Op-Ed: Positive Money – more meetings in the pipeline

Ben Dyson and his Positive Money gang have been holding meetings the length and breadth of the UK; more are to come, including a conference in Chicago.

In the Media by Alexander Baron

Gary Johnson: '50 laboratories of innovation' needed for reform

Appearing on 'The Sean Hannity Show,' former two-term New Mexican governor and Republican presidential candidate Gary Johnson talked about his approaches to tackling the national debt challenge.

In the Media by Michael Krebs

President Obama Signs Landmark Financial Reform Legislation

Washington - On Wednesday, President Obama signed into law a landmark piece of legislation that many are calling the most aggressive financial reform since the Great Depression and President Roosevelt’s subsequent New Deal.

In the Media by Joy Lutes - 5 comments

Senate Panel Passes Derivatives Rules Despite Swarm of Lobbyists

Despite more than 1500 lobbyists, executives, bankers and others swarming to Washington as the Senate took up legislation to rein in derivatives -- the complex securities at the heart of the financial crises -- a Senate panel passed tougher rules

In the Media by Bill Lindner

Wall Street's Top Three Banks to Receive $49.5 in Bonuses

Despite creating the worst financial crisis since the Great Depression with deceptive, potentially fraudulent trading practices that have left Main Street in ruins, the top three Wall Street banks will be handing out $49.5 billion in bonuses

In the Media by Bill Lindner - 4 comments

House Financial Reform Bill Bequeaths Bankers $4 Trillion

"The Wall Street Reform and Consumer Protection Act of 2009," a 1,279 page 'reform' bill passed by the House, does little to protect consumers while insuring up to $4 trillion to Wall Street from the government should the need arise.

In the Media by Bill Lindner - 5 comments

Op-Ed: International news sources lack confidence in Obama's leadership

Whether the issue is climate change or financial reform, some international news sources are now openly questioning the impact of U.S. President Barack Obama's leadership on matters of global importance.

In the Media by Michael Krebs

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IMF wants bold reform in eurozone

The International Monetary Fund (IMF) has told the eurozone it must make bold reforms to reassure financial markets.

US to ease some Burma sanctions

The US eases some financial sanctions against Burma as the international effort to encourage reform gathers pace.

WATCH: Jake Tapper on Obama and the Bankers

A look at the president's options for pressing bankers on financial reform. Jake Tapper - United States - Barack Obama - Politics - Presidential

VIDEO: Barack Obama on JP Morgan loss

US President Barack Obama says that JP Morgan's unexpected $2bn loss is an example of why financial reform is important, based on fears of other banks making similar bets.

Walmart Worker's Salary Highlights CEO Pay Ratio Rule

A provision of the Dodd-Frank financial regulatory reform act proposes that public companies disclose the ratio of the CEO's pay to that of the median salary of company workers. But two years after Dodd-Frank was passed, the Securities and Exchange Commission (SEC) has not yet implemented the rule or initiated the rule-making process. Business groups have opposed the rule, while advocates for corporate reform have pressured the regulatory agency to work quickly.