In its ongoing fundraising campaign targeting four Republican New York state senators who jumped party lines to vote in favor of legalizing same-sex marriage this past summer, the National Organization for Marriage (NOM) is shopping the narrative that the senators were bought by New York City Mayor Michael More…
GOP presidential candidate Mitt Romney has been hammered for using campaign funds to promote personal projects, but the real scandal may be the finance industry cash he is taking to fund these efforts, and how it influences his anti-regulation stances on finance and housing.
First came the broke unemployed drummers and poets, then the debt-ridden students, then the retired couples whose pensions and real estate holdings have withered, then the tourists, then, slowly, the journalists.
U.S. Rep. Leonard Boswell thinks the full House Agriculture Committee should hold hearings and launch an investigation into the relationship between rising oil prices and Wall Street speculators.
“As ranking member of the Agriculture Subcommittee that oversees the U.S. Commodity Futures Trading Commission, I have a responsibility to ensure More…
The Los Angeles Times explores the prospects for campaign finance reform after Sen. Russ Feingold (D-Wisc.) lost his re-election in November and now that more Republicans are in Congress. (At Monday’s Republican National Committee chair debate, when asked what the biggest mistakes of Republicans over the past ten More…
Despite the stall-out in the recovery and the decline in median wages, Wall Street executives look set for record pay-outs this year. The Wall Street Journal reports:
About three dozen of the top publicly held securities and investment-services firms — which include banks, investment banks, hedge funds, money-management firms
Soon after Rep. Brad Miller (D-N.C.) came to Washington in 2002, a fellow member of the House Financial Services Committee told him to pick an arcane financial issue — any issue — and to make it his pet topic. Miller chose mortgage finance. He knew little about it. Banking lobbyists More…
Today, Goldman Sachs, the Wall Street investment bank, kicked off a national advertising campaign. The goal is to explain to regular Americans what it actually does and, one presumes, to try to shake its vampire-squid-wrapped-around-the-face-of-humanity rap.
From today’s Wall Street Journal:
Women are fading from the U.S. finance industry.
In the past 10 years, 141,000 women, or 2.6 percent of female workers in finance, left the industry. The ranks of men grew by 389,000 in that period, or 9.6 percent, according to a review of
Today, President Barack Obama defended his economic policies in a rangy, hour-long, town hall–type interview organized and televised by CNBC.
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