TPM's Josh Marshall flags this clip of Elizabeth Warren, Our Fair Commonwealth's Senior Senator, schooling Wall Street apologist CNBC anchors on the need for a new Glass-Steagall Act to separate risky investment banking from ordinary … [Read more...]
Warren get Banking Committee: Huffpost / TPM
Sen.-elect Elizabeth Warren, the former head of the Consumer Financial Protection Bureau, will serve on the Senate Banking Committee, four sources tell the Huffington Post. … [Read more...]
On Bilking The Sophisticated, Or, Check It Out: We’re Suing Banks!
I took a break to enjoy the holiday, as I’m sure many of you did, but my inbox kept busy, and on Friday came a doozy, courtesy of the Washington Post. You remember that little bit of a banking crisis we had a couple of years back, where … [Read more...]
It’s the foreclosures, stupid.
Bruce Marks of the Neighborhood Assistance Corporation of America -- an outfit that has probably done more than just about anyone else to combat predatory lending and help low- and moderate-income folks buy and stay in their homes -- makes … [Read more...]
How Edwards Can Win Over Small Business Owners
In July, former Senator Edwards gave a long, wide-ranging, very good interview to BusinessWeek. Here's the one section where he talks about the issue:What we're going to do is restore balance in the credit-card market. I am proposing a … [Read more...]