Banking Industry

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07/29/2009
Video
An insiders view of Wall Streets rebound. This is perhaps the most important thing I learned over my years working on Wall Street, including as a managing director at Goldman Sachs: Numbers lie. In a normal time, the fact that the numbers generated by the nation's biggest banks can't be trusted...
07/28/2009
News/Resource
Findings Show Skyrocketing Costs, Dwindling Savings, Stagnant Wages and Medical Debt Major Factors New York, NY — As the recession continues to squeeze financially vulnerable American households, they are turning to credit cards to make ends meet, according to "The Plastic Safety Net: How...
07/28/2009
Press Release
Lou Dobbs Tonight With Caleb Gibson
06/30/2009
Video
  Democracy Now! Goldman Sachs is slated to payout the largest bonuses in the firms history, potentially side-stepping much of the regulatory reforms announced by the Obama Administration last week. Democracy Now's Amy Goodman talks to Demos Senior Fellow Nomi Prins about the possible record...
06/21/2009
Video
Obama's far-reaching proposal for financial regulations is a mixed bag — can Congress improve the project? In 87 pages, the proposal covers nearly every aspect of the financial system, making it the most comprehensive regulatory overhaul since Franklin Delano Roosevelt's post-Depression...
06/19/2009
News/Resource
  CNBC's The Call Nomi Prins and Rick Santelli debate whether it's time to break up our largest financial institutions.
06/18/2009
Video
Rather than regulate a complicated industry by creating more regulatory layers and giving more power to the Fed-which deserves its own stringent audit-a more lasting solution would be to restructure the banking industry itself. The smart move would be to divide banks once again into separate...
06/16/2009
News/Resource
Strengthening regulation is only the beginning. On June 17, the Obama administration will make public its long-awaited white paper on financial reform, quite possibly with a speech by the president himself. Leaks from various players within the administration over the past few weeks have focused on...
06/10/2009
News/Resource
How Goldman deftly diverted attention away from the tens of billions it has taken from the public. The best illusionists deflect audience focus away from the heart of the trick until the final moment of revelation. The way Goldman Sachs has worked its multi-prong bailout is like that.
05/28/2009
News/Resource
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