The major U.S. political party conventions to nominate Donald Trump and Hillary Clinton for president have been nothing if not colorful. Yet hidden among the balloons and confetti is the news that both political parties have more or less endorsed a return to the Glass-Steagall provision separating commercial and investment banking. Our first stop is… Read More >>
A Wish List for the Presidential Debates
Now that the smoke is clearing from the U.S. presidential primary battles and we have two clear winners, let me offer a few suggestions to the presumptive nominees Donald Trump for the Republicans and Hillary Clinton for the Democrats. (Bernie, please exit while you still have your dignity.) This is a wish list of Wall… Read More >>
Bernie Sanders Joins Trump Campaign
After several secret overtures, real estate mogul and self-declared King of America, Donald J. Trump has apparently seduced U.S. Senator Bernie Sanders into the joys of capitalism and the former sappy socialist from Vermont is begging forgiveness from “yuge” Wall Street behemoths. In a major rally today outside of the New York Stock Exchange, the… Read More >>
Wall Street Sharpens the Hillary vs. Bernie Clash
The Democratic front-runner for the presidential nomination Hillary Clinton has hit a big political snag because of her connections to Wall Street. This became painfully clear during the televised debate on Thursday, Feb. 4, on the eve of the New Hampshire primary on Tuesday, Feb. 9. To recap, Clinton’s opponent (former?) socialist/independent and now-Democrat-shouter U.S…. Read More >>
Hillary Clinton Takes On Wall Street — Or Does She?
As the 2016 race for the presidency heats up, Wall Street and its many sins are back in the spotlight. Politicians on the left are tripping over each other to find the right words to help them get as many votes as possible. Some of those words from Democratic Party candidates for the presidential nomination… Read More >>
Will Democrats Rip Apart Banks via a New Glass-Steagall Act?
The race for the presidential nomination among the Democrats is taking shape as front runner Hillary Clinton is facing challenges on the left from U.S. Senator Bernie Sanders from Vermont and former Maryland governor Martin O’Malley, particularly on the issue of ripping apart banks that are deemed “too big to fail.” Sanders and O’Malley, in… Read More >>
Is Hillary’s New CFO a Nod to Elizabeth Warren?
Hillary Clinton has tapped former regulatory firebrand Gary Gensler as her campaign’s chief financial officer (CFO), a move that could signal there’s bite to the populist bark her campaign has engaged in recently. As the former chairman of the CFTC from 2008 to 2013, Gensler led the charge among regulators in implementing the reforms outlined… Read More >>