Time to Break Up the Big Banks, Sen. Sanders Says

Tracy Bloom / Truthdig Mar 28, 2013 Expressing concerns that "too big too fail" banks have also become "too big to jail," Sen. Bernie Sanders, I-Vt., said Wednesday that he will introduce legislation to break up the nation's biggest financial institutions. Dig deeper ( 2 Min. Read )

Fed Chairman Bernanke: ‘I Agree With Elizabeth Warren 100 Percent’ on Big Banks

Tracy Bloom / Truthdig Mar 21, 2013 If Bernanke's stance is any indication, Sen. Warren, who was just sworn in this January, is already having a positive impact on Washington. Dig deeper ( 2 Min. Read )

Holder on Prosecuting Big Banks, Nation’s Strictest Abortion Ban Enacted, and More

Tracy Bloom / Truthdig Mar 7, 2013 A look at the day's political happenings, including the House votes to avoid a government shutdown and Gabrielle Giffords makes a plea for gun control at the place where she was shot two years ago. Dig deeper ( 3 Min. Read )

Elizabeth Warren Grills Fed Chairman Over ‘Too Big to Fail’ Banks

Tracy Bloom / Truthdig Feb 27, 2013 Sen. Elizabeth Warren, D-Mass., a two-time Truthdigger of the Week, demonstrated once again why big banks and Wall Street want to keep their distance from her when she took on Ben Bernanke during his semiannual appearance before the Senate Banking Committee on Tuesday. Dig deeper ( 1 Min. Read )

Pinch Me: What Did Sandy Weill Just Say?

Alexander Reed Kelly / Truthdig Jul 25, 2012 Sanford Weill -- the former Citigroup CEO who led the charge to repeal Glass–Steagall and bring about the era of "too-big-to-fail" banks -- is stunning critics by calling for the breakup of behemoth financial institutions. Dig deeper ( 2 Min. Read )

Fallout From the Bungled Bank Bailout

Tracy Bloom / Truthdig Jul 23, 2012 The financial meltdown and subsequent bailout have dampened Americans' faith in government and stirred widespread outrage. Neil Barofsky, who once served as special inspector general in charge of oversight of the Troubled Asset Relief Program, says that anger may point the way toward reform. Dig deeper ( 1 Min. Read )

Time to Move Your Money

Staff / Truthdig Nov 5, 2011 Saturday is the day 80,000 people have pledged to punish "too big to fail" banks by moving their money to credit unions and local community institutions. How does it work? Will banks feel the hurt? How can it be done quickly and conveniently? Josh Harkinson at Mother Jones answers these questions and more. Dig deeper ( 2 Min. Read )

Moody’s Downgrades Big Banks

Staff / Truthdig Sep 22, 2011 Moody's downgraded the credit ratings of three major U.S. banks Wednesday, and so far it appears that Bank of America was the hardest hit by the move. Dig deeper ( 1 Min. Read )

A Look at the ‘Bush-Obama’ Presidency

Staff / Truthdig Aug 22, 2011 Essayist, Yale English professor and TomDispatch contributor David Bromwich takes a careful accounting of the "sacked" and "saved" members of the Obama administration in an attempt to reveal the similarities between his presidency and George W. Bush's. (more) Dig deeper ( 2 Min. Read )

Barbarians at the Gate

Pat Bagley, Cagle Cartoons, Salt Lake Tribune Aug 15, 2011 Dig deeper

Access Journalism: The Movie

Robert Scheer / Truthdig May 25, 2011 It is not true, as a Wall Street Journal reviewer claimed, that the HBO movie version of Andrew Sorkin’s book “Too Big to Fail” was “Too Boring to Watch.” On the contrary, the problem with the film, as with the richly anecdotal book, is that it is all too effectively misleading. Perhaps the main value of the book and film is the instruction they provide on the limits of mainstream journalism in the decade that led up to the meltdown. Dig deeper ( 5 Min. Read )

Regulating Too Big to Fail

Staff / Truthdig Mar 20, 2010 Coming only a year too late to the party, Fed Chair Ben Bernanke has asserted that regulators must be "significantly tougher" on the large financial firms, arguing that the perception of those institutions as "too big to fail" threatens competition in the financial markets. Dig deeper ( 1 Min. Read )