Hunting for Bear (Stearns) With the Martin Act
Today’s announcement by the elegantly named Residential Mortgage-Backed Securities Working Group that it was suing over fraud allegedly…
Browsing Tag
Wall Street
27 posts
The Wall Street Crackdown America’s Been Waiting for?
A bunchofoutlets reported yesterday that New York Attorney General Eric Schneiderman subpoenaed seven of the world’s largest banks over the…
Unleashing a Wall Street Watchdog
How a 1920s law meant to protect investors was manipulated to protect big banks and investment firms—until now.
OWS, Egypt Expose Limits of Town Square Test
Central plazas were key places for political action in 2011, but historian Jeffrey Wasserstrom says the Town Square Test fails as a method for assessing the divide between democracy and authoritarian.
Scary Cinema Verité
A documentary film warns that America's fiscal policies are a looming disaster as Wall Street melts down in real time.
A Free and Fair Market
How do we protect the markets from their own overexuberance? By signaling that future failures won't get government bailouts.