Tag Archives: Goldman Sachs

Our Next Fed Chair, A Proven Fighter for All Americans: Sheila Bair

As featured on The Huffington Post: Phil Angelides is a man who should know. He served as Chairman of the 10-member bipartisan Financial Crisis Inquiry Commission appointed by the United States Government to investigate the causes of the 2007-2010 financial crisis which was to become known as the Angelides Commission. In a recent opinion piece in consequence…
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The Cost of Nearly Everything Is Rigged, Enriching the Bank Fixers

As featured on The Huffington Post: That banks are able to manipulate became clear as a bell with the findings of the Libor interest rate fixing scandal (“Everything is Rigged: The Biggest Price Fixing Scandal Ever” Rolling Stone 04.25.13) whereby some sixteen too big to fail banks were accused of colluding to manipulate interest rates…
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After Costing Americans Billions, Federal Reserve Reexamines Banks’ Commodity Speculation

As featured on The Huffington Post: “The Fed regularly monitors the commodity activities of supervised firms and is reviewing the 2003 determination that certain commodity activities are complimentary to financial activities and thus permissible to bank holding companies” comments from Fed spokeswoman and reported by Bloomberg (“Fed Reviews Rule On Big Banks’ Commodity Trading after…
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