Paul Volcker’s Long Shadow

Ellen Brown / Truthdig Dec 11, 2019 The former Fed chairman’s obituaries leave out how his policies devastated lives in the 1980s and underwrote the 2008 financial crisis. Dig deeper ( 8 Min. Read )

Wall Street’s Biggest Banks Must Be Broken Up

Robert Reich / RobertReich.Org Jun 2, 2018 Why should banks ever be permitted to use customers' deposits—insured by the federal government—to place risky bets on the banks’ own behalf? Dig deeper ( 3 Min. Read )

Volcker Rule Made Meaningless by Abundant Exemptions

Nomi Prins / Truthdig Dec 19, 2013 The Volcker Rule has finally been approved by regulators, but with hundreds of pages of exemptions, too-big-to-fail banks have little to fear. Dig deeper ( 7 Min. Read )

Truthdigger of the Week: Paul Volcker

BLANK Dec 15, 2013 Five years after the financial meltdown, the Volcker Rule provides a framework for regulators to check Wall Street's propensity to devour the wealth of the nation. Dig deeper ( 3 Min. Read )

‘Left, Right & Center’: A Bipartisan Budget Deal and the Tea Party Bolts

Staff / Truthdig Dec 14, 2013 Truthdig Editor-in-Chief Robert Scheer and "Left, Right & Center" host Matt Miller discuss the budget deal, John Boehner's rebuke of tea party critics, suggested restraints for the NSA, "Dianne Feinstein and those hacks in the Senate," and more. Dig deeper ( 1 Min. Read )

Why the Senate Won’t Touch Jamie Dimon

By Ellen Brown, Web of Debt Jun 21, 2012 JPMorgan Chase is the biggest campaign donor to many of the members of the Senate Banking Committee who were charged with investigating the bank's CEO, Jamie Dimon, in mid June. Dig deeper ( 6 Min. Read )

Paul Volcker and His Rule

Staff / Truthdig May 16, 2012 JPMorgan Chase CEO Jamie Dimon may be less concerned with the actual $2 billion his bank lost than the credence it lends to calls for tougher regulation. Dig deeper ( 1 Min. Read )

JPMorgan and the $2 Billion Bet

Staff / Truthdig May 15, 2012 University of Missouri-Kansas City professor, author and former financial regulator William Black explains what’s wacky about JPMorgan Chase’s version of events that led to the firm's $2 billion loss in the derivatives market last week. Dig deeper ( 1 Min. Read )

Fallout From JPMorgan Chase’s $2 Billion Loss

Staff / Truthdig May 11, 2012 JPMorgan Chase & Co. weathered the 2008 financial crisis without reporting a loss. But a failed hedging strategy that recently cost the company $2 billion has called into question the ability of its leaders to manage risk and intensified the debate on banking reform. Dig deeper ( 1 Min. Read )

Homosexuality May Become a Felony in Liberia

Staff / Truthdig Mar 4, 2012 Liberia is considering two proposals that would make consensual same-sex acts punishable with jail time; NATO refuses to get involved in the crisis in Syria; and a Jewish journalist killed by terrorists was baptized posthumously by the Mormon Church. These discoveries and more after the jump. Dig deeper ( 2 Min. Read )