Tag Archives: Chris Dodd

Frank and Dodd Set to Serve Their Corporate Masters

Posted on June 10, 2010 by

With the conference committee set to start meeting today to come up with a final version of financial reform legislation, the finance industry whores on the committee (aka Barney Frank and Chris Dodd) are doing their best to backpedal on … Continue reading →

Posted in Congress, Democrats, economy, financial reform, financial regulation, Obama administration, Politics, special interests, Wall Street | Tagged , , , , , , , , | Leave a comment

Senate Votes on Financial Regulation Amendments

Posted on May 12, 2010 by

Any time anything passes in the Senate by a vote of 96–0 I’m suspicious. Those numbers are usually reserved for meaningless proclamations declaring ‘National Be Kind to Puppies and Kitties Day.’ But such a vote took place yesterday on Sen. … Continue reading →

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A Crucial Week for Financial Reform

Posted on April 26, 2010 by

In what’s shaping up as a crucial week in the quest for financial reform there are some encouraging signs, some not so encouraging, and a demonstration by the executives at “the great vampire squid” (aka Goldman Sachs) give us an … Continue reading →

Posted in bailout, Congress, economy, Financial Crisis, financial reform, financial regulation, Obama, Politics, Republicans, too big to fail, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

Dodd’s Toothless Consumer Protection “Watchdog”

Posted on March 17, 2010 by

Sen. Chris Dodd’s so-called “sweeping overhaul of the U.S. financial system” creates a Bureau of Consumer Financial Protection, which is supposed to be “a new, independent consumer watchdog.” You just know there’s a “but” coming here, right? Right: “…the legislation … Continue reading →

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Health Care “Sleight of Hand”

Posted on March 16, 2010 by

If members of Congress have any question as to why they rank somewhere below used car salesmen on the trustworthy scale, there are 2 shining examples relating to 2 pieces of proposed legislation in today’s news—one on health care reform … Continue reading →

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Another Kabuki Dance on Consumer Financial Protection Agency

Posted on March 7, 2010 by

If there’s anything transparent in this administration of “openness and transparency” it’s the way the well-rehearsed and often-repeated three-act Kabuki theater plays out their alleged attempts at any major reform on any particular issue. It’s as easy to see through … Continue reading →

Posted in Congress, Democrats, Financial Crisis, financial regulation, lobbyists, Obama, Politics, special interests, Wall Street | Tagged , , , , , , | Leave a comment

Another Financial Crisis “More Than Predictable, It’s Inevitable”

Posted on March 4, 2010 by

Remember the economy and that little thing we had not too long ago called…what was it…oh yeah, the financial crisis. While Congress and the White House spend “the next few weeks” mired in the never-ending saga of health care reform, … Continue reading →

Posted in bailout, Congress, economy, Financial Crisis, Goldman Sachs, Obama, Politics, Wall Street | Tagged , , , , , , , , | Leave a comment

Who’s In Charge Here? Follow the Money

Posted on February 6, 2010 by

The Washington D.C. game of finger-pointing, blame-shifting, and buck-passing rolls on. Robert Reich in Thursday’s Salon: “Senator Chris Dodd, the chairman of the Senate Banking Committee, scolded Wall Street representatives at a hearing Thursday for sending “an army of lobbyists … Continue reading →

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The "Gang of Eight" on the Senate Banking Committee

Posted on February 2, 2010 by

Since the “Gang of Six” in the Senate Finance Committee worked out so well, and produced such outstanding results (sarc) in writing health care reform legislation, why not just repeat the process in the Senate Banking Committee as they tackle … Continue reading →

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