April Senate commentary

From Riski

Contents 1 April - Bloggers, media, academics and law firms commentary 2 April 30 3 April 29 4 April 28 5 April 27 6 April 26 7 April 25 8 April 24 9 April 23 10 April 22 11 April 21 12 April 20 13 April 19 14 April 18 15 April 17 16 April 16 17 April 15 18 April 14 19 April 13 20 April 12 21 April 11 22 April 10 23 April 9 24 April 8 25 April 7 26 April 6 27 April 5 28 April 4 29 April 2 30 April 1

April - Bloggers, media, academics and law firms commentary

April 30

• Video: Gensler Interview About Financial Regulation Bloomberg (April 30)
• TAP Talks with Sen. Kaufman The American Prospect (April 30)
• For Wall Street, financial reform legislation takes a bad turn in Senate The Hill (April 30)
• 5 Reasons We Must Break Up the Giant Banks Washington's Blog
• To Protect Consumers, Who Will Be Regulated? New York Times (April 30)
• The race to kill the ratings agencies CNN Money (April 30)
• Shelby Outlines Republican Concerns with Reform Bill Bank Digest (April 30)
• Sen. Carl Levin: 'We ought to eliminate the damn synthetics' Washington Post (April 30)
• Wolin Op-Ed: ‘Main Street Needs Senate's Financial Reform Legislation’ US Treasury (April 30)
• Bank Bill Attracts Populist Amendments Wall Street Journal (April 30)
• Senate begins debate on overhaul of financial regulation Washington Post (April 30)

April 29

• Democrats Tweak Bank Bill to Preclude Bailouts New York Times (April 29)
• Major source of money for big banks may get exemption from regs The Hill (April 29)
• Gregg Sees Derivatives as Core of Overhaul Bill Debate: Video Bloomberg (April 29)
• Big business pleads for loopholes in financial regulatory reform Washington Post (April 29)
• Warren Discusses Consumer Agency, Republican Response: Video Bloomberg (April 29)
• Proposed Wall Street Reforms Are Pretty Flimsy Alternet.org (April 29)
• FACTSHEET: Financial regulation explained Politifact.com (April 29)
• Financial reform bill 101: what it means for consumers Christian Science Monitor, April 29, 2010
• Fix the Economy, Not Wall Street Energy Bulletin (April 29)
• Larry Tabb: "The Heads Of All Of The Major Banks Should Be Fired" ZeroHedge (April 29)
• Goldman Sachs lends an assist to Wall Street reform Washington Post, April 29, 2010
• Senators Brown, Kaufman File "Too Big To Fail" Amendment ZeroHedge (April 29)
• A pox on your swaps The Economist (April 29)
• Goldman’s public purpose and where I have problems with the Abacus deal Credit Writedowns (April 29)
• I'm Marching Today to Make Wall Street Pay Huffington Post (April 29)
• Showdown in Senate Meets Showdown in Streets Huffington Post (April 29)
• Derivatives regulation produces global uncertainty Reuters GPF (April 29)
• Democrats: Greek crisis highlights need for swaps reform Marketwatch (April 29)
• CFTC, SEC frown on bigger safety net for clearers Reuters (April 29)
• Senate to kick off Wall Street reform debate shortly after noon The Hill (April 29)
• Global Bank Heist Wall Street Journal (April 29)
• Video: Senate Debate on Finance Bill to Begin With Derivatives Bloomberg (April 29)
• SAFE Banking Act, What it Does in 2D Rortybomb (April 29)
• Scott Says Consumer Protection Needs to Be Outside Fed: Video Bloomberg (April 29)
• Commentary: Making Wall Street more like Main Street McClatchy (April 29)
• Lawmakers to Holder: Goldman, other firms aren't 'too big for jail' McClatchy (April 29)
• Wall Street Reform: Elizabeth Warren Challenges Republicans To Stand Up For Families Huffington Post (April 29)
• Senate Republicans Vow to Amend Finance Bill as Debate Begins Bloomberg (April 29)
• Republicans Allow Debate on Financial Overhaul New York Times (April 29)

April 28

• Levin Says Goldman Crossed Ethical Lines in Selling CDOs: Video Bloomberg (April 28)
• Republicans Try To Make Their Mark On Financial Reform: Wall Street PAC Money Shifts To GOP Huffington Post (April 28)
• Wall Street reform bill advances, debate to begin on Thursday The Hill (April 28)
• All-Night Votes Planned For Wall Street Reform Huffington Post (April 28)
• Obama Welcomes End To Financial Reform Debate Filibuster Huffington Post (April 28)
• Key Agreement Reached on Closing Bailout Loopholes Senator McConnell's office (April 28)
• Goldman Sachs's defiance likely to see heat turned up Business Day (April 29)
• Senate Moves Forward on Financial Bill C-Span video (April 28)
• Republicans expected to allow Wall Street reform bill to hit Senate floor The Hill (April 28)
• Republicans change tack, zero in on consumer protection agency AP (April 28)
• It’s a Financial Reform Slumber Party! Americans for Fairness in Lending (April 28)
• Ely Says Opposition to Financial Overhaul Is Growing: Video Bloomberg (April 28)
• Senate Democrats plan overnight session on bank rules Reuters (April 28)
• Dodd, Shelby Near Deal on Unwinding Failing Firms Wall Street Journal (April 28)
• Republican centrists warn Reid’s tough tactics on reform bill could backfire The Hill (April 28)
• Reid wages war of attrition on financial reform bill: John Kemp Reuters (April 28)
• Goldman execs face Senate firing squad Australian Business Channel (April 28)

April 27

• Impasse over model haunts raters again Reuters (April 27)
• Senate Vote on Financial Reform Bill Falls Short Alston & Bird (April 27)
• Goldman Case Boosts Odds For Fiduciary Standard In Senate Bill Registered Rep (April 27)
• Perhaps Carl Levin Can Disclose His Yea Vote For Gramm-Leach-Bliley (S.900) ZeroHedge (April 27)
• Financial Regulation Reform Bills in Congress Wall Street Journal, April 27, 2010
• Financial Debate Blocked Again by Senate Republicans Bloomberg, April 27, 2010
• The Big Question: Will Goldman Sachs put a target on its back? The Hill.com (April 27)
• Broad Bipartisan Coalition Fighting Fed In Senate HuffPo (April 27)
• Carl Levin: Wall Street and the Financial Crisis: The Role of Investment Banks HuffPo (April 27)
• Senate to Vote Again Today on Financial Overhaul Bill Bloomberg (April 27)
• Federal Reserve and the banks join forces against Blanche Lincoln's derivatives proposal Washington Post (April 27)
• Finance-Bill Proposal Worries Banks Wall Street Journal (April 27)
• Taking Aim at Banks' Operations Wall Street Journal (April 27)

April 26

• Q.&A.: Sanders Looks at Financial Bill From the Left New York Times (April 26)
• Finance Bill Hits Impasse Wall Street Journal (April 26)
• Finanical Reform: The Final Con Game Joan Veon (April 26)
• Dems Plan To Toughen Wall Street Reform Bill On Senate Floor HuffPo (April 26)
• OTC Derivatives and the "Buffet Amendment" ZeroHedge (April 26)
• Statement by the President on Financial Reform The White House (April 26)
• S. 3217 – Restoring American Financial Stability Act of 2010 Executive Office of the President (April 26)
• Bank Lobbyists Swarm Senate Over Reform Bill The National Law Journal (April 26)
• Merkley Amendment Takes on Conflicts of Interest Like Those in Goldman Case Youtube (April 26)
• On financial reform, House Republicans fear sell out from Senate GOP Daily Caller (April 26)
• Shelby Expects GOP to Stand Together in Vote Wall Street Journal (April 26)
• Democrats to Kill Derivatives Provision Pushed By Berkshire Wall Street Journal (April 26)
• Bank Stocks Fall as Senate Nears Key Vote on Overhaul Wall Street Journal (April 26)
• Republican Senators Have Taken More Wall Street Cash Huffington Post (April 26)
• Democrats agree tough derivatives stance $$$ Financial Times (April 26)
• Derivatives reform: Swap-ocalypse Now $$$ FT Alphaville (April 26)
• Banks face pressure to get dull Reuters (April 26)
• Producing too little, charging too much Rortybomb (April 26)
• Paul Ryan on Hart-Zingales and Resolution Authority Rortybomb (April 26)
• Statement of U.S. Senator Russ Feingold On the Financial Regulatory Reform Bill (April 26)
• Gillian Tett & Paul Krugman on the "murky world" of credit ratingsCredit Risk Chronicles (April 26)
• George Soros: Securing Synthetic Securities Project Syndicate, April 2010
• Hazen Says New Derivatives Rules Not Big Deal for Firms: Video Bloomberg (April 26)
• Decision near for financial reform in Senate Reuters (April 26)
• Spinning off derivatives units imperil Wall Street Marketwatch (April 26)
• Goldman Girds for War The Daily Beast (April 26)
• Jane Tavakoli: President Obama: Bring Back Black Huffington Post (April 26)
• Commentary: It's about time that Wall Street gets reined in McClatchy (April 26)
• Deal May Force Trading-Desk Spinoff Wall Street Journal (April 26)
• Deal Near on Derivatives Wall Street Journal (April 26)
• Wall Street Reform White House fact sheet
• Financial reform's big unknowns Washington Post (April 26)

April 25

• What to Do About the Banks The Agonist (April 25)
• Berating the Raters New York Times (April 25)
• Video: Shelby & Dodd on legislative progress Meet the Press (April 25)
• US prepares to push for global capital rules Financial Times (April 25)
• Derivatives Provisions Are Dividing Democrats Wall Street Journal (April 25)
• Obama Rejects Bipartisan Bank Deal Huffington Post (April 25)
• Lawmakers Close to Finance-Overhaul Deal Wall Street Journal (April 25)
• Senators Send Letter To Harry Reid Urging Strong Derivatives Reform Huffington Post (April 25)

April 24

• Comments on Senate Agriculture Committee’s OTC Derivatives Bill US Federal Reserve
• The Sickening Abuse Of Power At The Heart Of Wall Street Baseline Scenario (April 24)
• Advertisers fight FTC's power expansion in financial reform bill The Hill (April 24)
• Sunday shows: Reg reform looms The Hill (April 24)
• Hutchison: GOP to 'stand firm' against current financial bill, Democrats' tactics The Hill (April 24)
• Wooing GOP, Geithner Gets an Earfu Wall Street Journal (April 24)

April 23

• Audio: Gretchen Morgenson on "too mighty to fail" New York Times (April 23)
• Guest Post: Senator Blanche Lincoln’s Derivatives Reform Bill Must Pass New Deal 2.0 (April 23)
• Do You Have Any Reforms in Size XL? Gretchen Morgenson, New York Times (April 23)
• Obama Reassures Wall Street on Bank Regulation Bill Global Research, April 23, 2010
• When Senators Vote for the Big Banks, We Will Name Them Huffington Post (April 23)
• No, Canada's Big Banks Don't Justify America's Too Big to Fails George Washington's Blog (April 23)
• Summary of Chairman Lincoln's derivatives bill Reuters (April 23)
• Lincoln’s Derivatives Plan Meets Resistance in Her Caucus Roll Call (April 23)
• If Republicans Say No to Bailouts, Then They Can’t Say No to Breaking Up the Banks Firedoglake (April 23)
• Republicans talk tough on pending Wall St vote Reuters (April 23)
• Back to Basics on Financial Reform Wall Street Journal (April 23)
• Larry Summers Defends Megabanks, Says Too Many Small Banks Make U.S. 'Less Stable' Huffington Post (April 23)
• Senate Test Vote Shows Broad Support For Breaking Up Banks Huffington Post (April 23)
• Banker to Bikers Fights to Keep Fed Oversight of Small Lenders Bloomberg (April 23)
• 6 Things Worth Fighting For in the Senate Bill Rortybomb (April 23)
• The Consensus on Big Banks Starts To Move Baseline Scenario (April 23)
• The best financial reform? Let the bankers fail Washington Post (April 23)
• Experts Say Bills Won't End Too Big To Fail Planet Money, NPR (April 23)
• Wall Street gives much to lawmakers in reform debate Reuters (April 23)

April 22

• Sen. Sherrod Brown: Caps on bank size could win bipartisan majority The Hill (April 22)
• Paul Krugman: Don’t Cry for Wall Street New York Times (April 22)
• Fortunate Timing Seals a Deal New York Times (April 22)
• Derivatives industry opposes Lincoln reform bill Reuters (April 22)
• Votes in doubt as Sen. Harry Reid sets Monday Wall Street showdown The Hill (April 22)
• Aguilar Queries Risk Council Plans Compliance Reporter (April 22)
• Summers: Bank Reforms Would Halt 'Too Big to Fail' Mentality PBS (April 22)
• America must face up to the dangers of derivatives GeorgeSoros.com (April 22)
• Sen. Specter opens new front against Wall Street bankers McClatchy (April 22)
• Letter to Reid, McConnell Gets Attention Roosevelt Institute (April 22)
• Dodd Bill Would Allow Fed To Hide Its Spending Huffington Post (April 22)
• GOP Raised Wall Street Cash During Obama's Cooper Union Speech Huffington Post (April 22)
• Sens. Schumer and McConnell go head-to-head in filibuster reform fight The Hill (April 22)
• Sen. Brown Talks About Holding Wall Street Accountable MSNBC’s Countdown (April 22)
• Financial Reform Lobbyists Host Fundraisers for Senators Sunlight Foundation's Party Time (April 22)
• Peter Schiff: New financial regs will likely increase severity of next crisis Peter Schiff (April 22)
• Breaking Up the Banks New York Times (April 22)
• Guest Post: Obama's Speech: The Good, The Bad and The Missing ZeroHedge (April 22)
• For Financial Reform, Start with the Sanders Standard Capital Times (Madison, WI)(April 22)
• Obama to Wall Street: ‘Join Us, Instead of Fighting Us’ New York Times (April 22)
• Stop Talking About "Breaking Up The Big Banks" Business Insider (April 22)
• Obama's Wall Street Speech: FULL TEXT HuffPo (April 22)
• Obama's Cooper Union Speech: President Urges Wall Street Support For Reform HuffPo (April 22)
• Op-Ed Columnist: Dance of the Derivatives New York Times (April 22)
• Grassley Bucks GOP, Backs Derivatives Curbs Wall Street Journal (April 22)

April 21

• Senators propose caps on bank size Politico (April 21)
• Finance: Consumer, State Groups Oppose Senate Insurance Provisions CongressDaily (April 21)
• Financial Debate Renews Scrutiny on Banks’ Size New York Times (April 21)
• Reform bill passes Ag Committee before full Senate debate Risk.net (April 21)
• Obama Looks to Close Sale on Financial Reform New York Times (April 21)
• Rent-A-Front: New Group Wages Stealth Battle Against Wall Street Reform TMPMuckraker (April 21)
• Senate agriculture panel clears Lincoln's derivatives bill The Hill (April 21)
• Goldman Sachs Donations Loom Over Republicans, Democrats Alike Bloomberg (April 21)
• Senate Dems decide Blanche Lincoln went too far in regulating derivatives, weaken her bill OpenLeft (April 21)
• Bernie Sanders Says It Is Time To Break Up The Big Banks ZeroHedge (April 21)
• Dodd Discusses Financial Regulatory Overhaul Legislation: Video Bloomberg (April 21)
• Corker Says Financial-Rules Bill Talks Going `Very Well': Video Bloomberg (April 21)
• Baker Says Regulatory Overhaul Won't `Change the System': Video Bloomberg (April 21)
• GOP's Grassley joins Dems in passing limits on derivatives McClatchy (April 21)
• Lincoln Bill Passes With Republican Support Huffington Post (April 21)
• Bank lobbying soars in 2010 as Senate moves on financial reform The Hill (April 21)
• Derivatives bill approved by agriculture committee Marketwatch (April 21)
• Geithner Stresses Need For 'Clear Rules' For Wall Street, But Senate Bill Doesn't Have Them HuffPo (April 21)
• Clearinghouses Are the Answer Wall Street Journal (April 21)
• Financial Debate Renews Scrutiny on Banks’ Size New York Times (April 21)
• Goldman, Banks Ramp Up Donations, Lobbying in Regulation Fight Bloomberg (April 21)

April 20

• Rep. Brad Sherman (D-CA) on Senate "resolution authority" and the Federal Reserve Rep Sherman's office (April 20)
• Head Lock The New Republic (April 20)
• Financial reform now being considered would not have prevented the crisis Credit Writedowns (April 20)
• Shelby, Dodd ‘Making Progress’ on Financial Overhaul Bloomberg (April 20)
• Reg Reform Bill Slammed By Dem Insiders, Economic Experts In Reid Letter (EXCLUSIVE) HuffPo (April 20)
• Dodd Financial Reform Bill: All Holes and No Cheese Washington's Blog (April 20)
• K Street Carve-Outs: Financial Industry Lobbyists Find Gaps In Dodd Bill Huffington Post (April 20)

April 19

• A Finance Overhaul Fight Draws a Swarm of Lobbyists New York Times (April 19)
• Republican Opposition to the Orderly Liquidation Fund Economics of Contempt (April 20)
• Gambling With the Economy New York Times (April 19)
• Now it's the Senate's turn to take on Goldman, Moody's McClatchy (April 19)
• Dems dealt setback on Wall St. bill The Hill.com (April 19)
• Senators Dodd and Warner on Wall Street legislation Bloomberg video, 27 min, (April 19)
• Obama Wall Street Speech Set, President Will 'Go Big' On Reform HuffPo (April 19)

April 18

• Fraud at Last Huffington Post (April 18)
• “Who Would Not Want the Transparency for Derivatives?” Washington's Blog, (April 18)
• The Only Way to Prevent Another Bailout of Wall Street is to Cap the Size of Big Banks HuffPo (April 18)
• GOP Rebuffs Dem Concession On Financial Reform Talking Points Memo (April 18)
• Sen. Brown would filibuster Dodd's financial regulatory reform bill The Hill (April 18)

April 17

• For the $50 Billion Fund, A Tortured History Wall Street Journal
• Keep the Fed on Main Street New York Times
• Goldman Sachs case could help Obama shift voter anger LA Times
• Clinton: Rubin and Summers Gave Me Wrong Advice on Derivatives, and I Was Wrong To Take It ABC News
• Sunday shows: Reg reform and 2010 The Hill.com
• Obama: McConnell made 'cynical and deceptive assertion' on financial reform bill The Hill

April 16

• Statement of Chairman Gary Gensler on the Wall Street Transparency and Accountability Act
• Exchanges vs. Clearinghouses Economics of Contempt
• Fraud Allegations Further Inflame Fight Over Financial Regulation Wall Street Journal
• Bill Moyers - Crocodile Tears on Wall Street Huffington Post
• Op-Ed Columnist: The Fire Next Time New York Times
• Partisan schisms aside, financial regulatory reform must get done Washington Post
• Obama warns he will veto reform without tight derivative controls The Hill
• Why's Sen. McConnell trashing Wall Street regulation bill? McClatchy
• Unified GOP To Block Senate From Debating Wall Street Reform Huffington Post
• All 41 Republican Senators Call For ‘Bipartisan and Inclusive Approach’ to Regulatory Reform Senator McConnell
• The Few: Sensible Republican Senators on Financial Reform Huffington Post
• Geithner Letter Could Steer Derivatives Debate Away From Ban on Banks Wall Street Journal
• Obama Convenes Advisory Panel as Regulation Fight Heats Up Bloomberg
• Too Big to Fail: GOP's Fig Leaf on Reform? American Banker

April 15

• Bank reform: 'The nutters in the tent' Robert Peston, BBC
• Senate Ag committee to take OTC derivatives transparency to new levels Risk.net
• GOP Warms To Breaking Up The Big Banks Huffington Post
• Senate Dems pave way for financial reform vote Reuters
• Q.&A.: Lincoln Makes Her Case for Derivatives Rules NYT Dealbreaker
• Regulatory Overhaul May Hinge on Derivatives Legislation: Video Bloomberg
• Senate Republican expects deal on financial reform Reuters
• Banks Would Be Forced to Push Out Derivative Trading Under Plan Bloomberg
• McConnell faces tough test keeping Republican unity in financial reform fight The Hill

April 14

• Sen. Dodd accuses Republican leader of lying about his bill McClatchy
• Video of Senator Dodd's statement on the floor of the Senate (19 minutes) C-Span
• Video of Senator McConnell's statement on the floor of the Senate (10 minutes) C-Span
• IMF tells regulators to toughen up control of banking sector BobsGuide
• Let the Democrats Win The Daily Beast
• Another Top Fed Official Calls For U.S. To Break Up Megabanks Huffington Post
• White House, Dems seized on Wall Street reform as a winner The Hill
• Democrats Hold The Line Against Wall Street Derivatives Lobbying AP
• McConnell: White House trying to 'jam' GOP on financial overhaul The Hill.com
• White House Urges Blankfein, Dimon to Stop Bill Fight Bloomberg
• Can the Real Economy Speak?, The Republican Response to Financial Reform Rortybomb
• Banks Fight to Block Rules Wall Street Journal

April 13

• The derivatives ding-dong waiting in the Dodd bill FT Alphaville
• A GOP Financial Reform Bellwether Swampland
• After meeting with hedge fund managers, McConnell declares opposition to financial reform bill Open Left
• How to prevent America's next financial crisis Washington Post
• Hurdle Emerges to Financial Revamp Wall Street Journal

April 12

• Build strong rules for finance system Politico.com,

April 11

• How to reduce risk on Wall Street? Make the banks pay Washington Post
• Financial reform takes center stage in Senate The Hill.com

April 10

• EDITORIAL Who’s Not Sorry Now? New York Times
• President to host bipartisan meeting on financial reform The Hill.com

April 9

• Bernanke Says Central Bankers Must Act Strongly to Stem Crises Bloomberg

April 8

• Polls: Voters support financial reform, but details mixed The Hill
• Financial Reform Bids Collapse Into Farce Counterpunch

April 7

• Administration will fight efforts to water down Dodd bill The Hill
• What Big Banks Fear More Than the CFPA Huffington Post
• White House Says Financial Regulation Reform By Memorial Day Is Possible Huffington Post
• Banking panel's top Republican proposes consumer financial protection agency Washington Post
• Mr. Dimon Goes to Washington Wall Street Journal

April 6

• Federal Reserve Gets Political, Sends Congress Veiled Message Huffington Post
• Britain's Brown Says Global Bank Tax Accord Close Reuters
• Bob Rice Calls Dodd Bill `Insane' Piece of Legislation: Video Bloomberg
• Banking Rules Breed Risks No One Sees Coming: Brendan Moynihan Bloomberg

April 5

• 'Too Big To Fail' In Crosshairs Of Reform Debate Reuters

April 4

• State securities cops may soon see plates a lot fuller Investment News
• Making Financial Reform Fool-Resistant New York Times
• To battle Wall Street, Obama should channel Teddy Roosevelt Washington Post

April 2

• Are Bailouts for the Super-Rich Inevitable? Ask Paul Krugman Huffington Post
• Top Fed Official Wants To Break Up Megabanks Huffington Post
• The Fed in Hot Water RobertReich.org

April 1

• Breaking the Banks The Nation
• Geithner's attack on leverage requirements Washington Post