Truthdig - Tag - Commodity Futures Modernization Act

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Tag: Commodity Futures Modernization Act

AP / Mark Lennihan

At Last, Some Decency on Wall Street

By Robert Scheer —

By the time you read this, the PR hacks of Goldman Sachs will be vigorously pressing their efforts to destroy the reputation of whistle-blower Greg Smith.

Posted on Mar 14, 2012 READ MORE | 46 COMMENTS

AP / Jacquelyn Martin

Bill Clinton’s Legacy of Denial

By Robert Scheer —

Endorsing the Republican agenda of financial industry deregulation, reversing New Deal safeguards, President Clinton pursued policies that in the long run created more damage to the American economy than any other president since Herbert Hoover.

Posted on Jun 21, 2011 READ MORE | 113 COMMENTS

AP / J. Scott Applewhite

Return of the Great Triangulator

By Robert Scheer —

The sight of Bill Clinton back at the White House podium defending tax cuts for the super-rich was more a sick joke than a serious amplification of economic policy.

Posted on Dec 15, 2010 READ MORE | 65 COMMENTS

AP / Jose Luis Magana

Still Doing God’s Work on Wall Street

By Robert Scheer —

Jail, anyone? Perhaps that’s too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown?

Posted on Nov 25, 2009 READ MORE | 134 COMMENTS

AP / Dean Cox

UBS Money Laundering: What Did Phil Gramm Know?

By Robert Scheer —

In recent days yet another wealthy private customer of the Swiss-based banking conglomerate UBS admitted to criminal fraud in a growing parade of perp walks that could extend into the thousands. It is a case that threatens to ensnare former Sen. Phil Gramm, the Texas Republican who is vice chairman of UBS’ investment banking business.

Posted on Aug 18, 2009 READ MORE | 54 COMMENTS

AP photo / Gerald Herbert

Obama’s Toxic Advisers

By Robert Scheer —

Bernie Sanders, the senator from Vermont who is independent in spirit as well as party label, has placed a hold on President Obama’s nomination of Gary Gensler to head the Commodity Futures Trading Commission. Sounds like a minor issue to get worked up about, but I see this appointment as further evidence that the president has entrusted his economic policy to the wrong people.

Posted on Mar 24, 2009 READ MORE | 135 COMMENTS

AP photo / J. Scott Applewhite

Change We Can Bank On

By Robert Scheer —

This is not change we can believe in. Not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in President-elect Barack Obama’s incoming administration.