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Tag Archives: Washington
Regulatory Capture and the Washington/Wall Street Revolving Door
Regulatory capture: a term used to refer to situations in which a state regulatory agency created to act in the public interest instead acts in favor of the commercial or special interests that dominate in the industry or sector it … Continue reading
Who’s In Charge Here, Washington or Wall Street?
There are both encouraging and discouraging signs today in the battle over who’s in charge, Wall Street or Washington. First the good news. Finally, somebody in D.C. gets it. “Elizabeth Warren, chief watchdog of America’s $700 billion bank bailout plan, … Continue reading
Posted in Politics
Tagged AIG, Alan Grayson, bailout, Blue Dog, Citigroup, Elizabeth Warren, Larry Summers, loopholes, Melissa Bean, Obama administration, restrictions, Wall Street, Washington
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McCain Fiddles While The Economy Burns
John McCain rode into Washington, D.C. on his white horse yesterday, after suspending (not really) his presidential campaign, and proceeded to sabotage negotiations which had produced a tentative agreement on a plan to rescue the crumbling financial markets. In an … Continue reading
Posted in Election 2008, McCain, Obama, Politics, Uncategorized
Tagged campaign, financial, markets, McCain, negotiations, sabotage, suspending, Washington
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