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  • Scott H. Payne
 
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July 26, 201038 views1 comment

Why strong financial reform was so important

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 [...]
 
Scott H. Payne Scott H. Payne The Lobbiest
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In response to Warren nomination takes on a broader meaning
 
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In response to Elizabeth Warren nomination takes on a broader meaning
 
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July 20, 2010404 views10 comments

Warren nomination takes on a broader meaning

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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 [...]
 
Rick Ungar Rick Ungar The Policy Page
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  • Scott H. Payne
 
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July 19, 2010149 views6 comments

Democrats gain six point lead on generic ballot

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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 [...]
 
Scott H. Payne Scott H. Payne The Lobbiest
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In response to Goldman closes chapter, but keeps writing the book
 
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In response to Goldman closes chapter, but keeps writing the book
  • Blanklook -- love it! And at least you had a few months of unrealistic euphoria. I've known from the getgo that Blankfein would come out smelling like a very affluent rose...read » T/S CLAUDIA DEUTSCH
 
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In response to Goldman Closes a Chapter...But Probably Keeps Writing the Book
 
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In response to Goldman Closes a Chapter...But Probably Keeps Writing the Book
 
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July 16, 201094 views8 comments

Goldman closes chapter, but keeps writing the book

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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 [...]
 
Claudia Deutsch Claudia Deutsch The Bottom Line
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July 14, 201047 views

4 in 5 Americans skeptical of financial reform bill

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 [...]
 
Scott H. Payne Scott H. Payne The Lobbiest
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July 12, 2010189 views

Why Russ Feingold should flip on financial reform

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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. [...]
 
Scott H. Payne Scott H. Payne The Lobbiest
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In response to Congressional Republicans look forward to again doing Wall Street's bidding
  • I really don't understand the public lack of economic coherence. We know what happened and why. The future risk to our economy is very apparent. The solutions are regulatory firewalls that politicians [...]read » larrysignor
 
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1483 days ago
In response to Corporate Myopia: Deja vu all over again
  • jake, you're so busy being (justifiably) angry at everybody, that you're contradicting yourself left and right. It's the directors who are throwing the CEOs out for a lackluster quarter, so they are [...]read » T/S CLAUDIA DEUTSCH
 
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In response to Corporate Myopia: Deja vu all over again
 
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July 6, 201054 views7 comments

Corporate Myopia: Deja vu all over again

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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: [...]
 
Claudia Deutsch Claudia Deutsch The Bottom Line
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July 6, 2010335 views1 comment

Krugman lays the smackdown on Silly David Brooks

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 [...]
 
John Knefel John Knefel Making a Mockery
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July 6, 2010284 views4 comments

Wall Street readies financial regulation retribution

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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 [...]
 
Scott H. Payne Scott H. Payne The Lobbiest
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July 6, 201049 views2 comments

Congressional Republicans look forward to again doing Wall Street's bidding

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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 [...]
 
Michael Roston Michael Roston Newsbroke
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