Financial Institution

"I was wondering if I might get a call from someone saying maybe 'you were right,' because we look better than we did last May and we can see the finish line from here, and it comes with a profit for the Taxpayers," Mr. Benmosche said in an email.…

As the GOP prepares to seize control of the House in January, its members on the Financial Services Committee are vowing to reexamine the wide-ranging financial regulatory Legislation passed earlier this year. This Story As GOP takes House rein…

WASHINGTON, Dec. 24 (UPI) -- Republicans in Congress says they will revisit Financial Reform Legislation passed this year under Democratic control of the U.S. House of Representatives. In an interview with The Washington Post, Rep. Spencer Bachus,…

Only in the fever-swamps of the left could anyone believe that the Republicans on the FCIC sought to "ban" the words "Wall Street," "shadow banking," "interconnection," and "Deregulation" from the commission's report. The drafts of the report we …

NY Times economic reporter Andrew Ross Sorkin made the front page of the Japan Times yesterday morning by putting the U-S economic crisis in terms that hit home in Tokyo: He predicted that we're at risk of a "Lost Decade" similar to the one Japan …

The Financial Crisis Inquiry Commission is in the midst of a crisis of its own. This will come as a total shock to anyone who follows U.S. politics, but Republicans and Democrats don't seem to be on the same page. They can't agree on what should b…

A sleeper cell of four Republicans struck the Financial Crisis Inquiry Commission this week, escalating what had been previously been a campaign of covert obstruction into an overt act of sabotage. That act should be seen for what it is: A "deni…

This is the final in a three-part series. Read Part 1 here and Part II here. In the previous two parts of this series I have recounted the multiple Frauds perpetrated by MERS: it defrauded counties out of billions of dollars of reporting fees, i…