Remember when the Securities and Exchange Commission bringing a suit against Goldman Sachs was big news? Goldman is the darling of Washington financiers and the idea that the SEC could sue them over, of all accusations, fraud, was a lightning rod of news in the lead up to financial reform [...]

It seems that every article I read about Elizabeth Warren characterizes her as being “beloved by the left” while despised by the banks. Indeed, so often is Warren described in this manner, one might think it is a conscious ploy on the part of conservative, pro-bank publications to turn middle class [...]

Republicans have not been quiet about their opposition to Democratic efforts to pass financial reform legislation aimed at reining in Wall Street and avoiding another financial collapse like that experienced in 2008. Indeed, leading Republicans got busy calling for the repeal of the legislation before it had even passed the [...]

So I said all along Blankfein would keep his job as Goldman Sachs' chief, no matter what happens -- the firm has made yacht-loads of money under his leadership, and when all is said and done, that's all the Goldman partners and their shareholders care about. Moreover, if they [...]

I've been pretty hard on him over the last few weeks, but according to Bloomberg Businessweek an overwhelming majority of Americans agree with Russ Feingold when it comes to financial reform,

Almost four out of five Americans surveyed in a Bloomberg National Poll this month say they have just [...]

With today's announcement of Sen. Scott Brown's support for the conferenced financial reform bill, Democrats find themselves a mere breath away from filibuster-proof passage. All that Democrats are waiting for is the replacement for recently passed Sen. Robert Byrd, or the flip of someone like Sen. Chuck Grassley or Sen. [...]

I feel old. Okay, let me work on my ego here -- I feel experienced and wise. Why? There's an interesting Op-ed in today's NYTimes that is all doom-and-gloom for the economy, that pretty much labels the nascent recovery as illusive and transitory. One big reason, it posits: [...]

Paul Krugman's response to David Brooks' column today -- which is itself a response (of sorts) to Krugman's recent writing -- is remarkably restrained, considering Brooks the Dumdum succeeds only in distorting Krugman's arguments and appealing to that most juvenile of sources: Serious People.  When people say "the center cannot [...]

Despite the fact that the likely outcome of financial reform negotiations will be a bill that doesn't go as far as many have suggested it needs to, it seems that Wall Street is already putting plans into motion to punish Democrats for their efforts. In extracting their revenge, Wall Street intends [...]

While we're still trying to grind out a financial regulation reform bill that is bound to make no one really happy, we've got a report in the Washington Post that Wall Street's donors are seeing red and no longer donating blue. Democrats are concerned with dwindling receipts from donors associated [...]