“Many people who are asked to serve on bank boards have little training or experience to prepare them for their new roles,” said Patrick M. Parkinson, director of the Federal Reserve Board’s Division of Banking Supervision and Regulation.”
On February 1, 2010, In Background and Research, By Tiffiniy Cheng
Recent Posts
- House Ag Committee Approves Gutting Derivatives Regulation March 20, 2013
- JP Morgan is Too Big to Manage March 18, 2013
- The Koch Brothers and the Structure of Democracy March 16, 2013
- The Monsanto Monopoly and the DOJ March 15, 2013
- Break Up the Big Companies for Economic and Political Freedom March 15, 2013
- Three Solutions to the Oligarchy Problem March 13, 2013
- OCCUPYING WALL STREET ON A SATURDAY AFTERNOON September 25, 2011
A List of Resources
- A Sustainable Economic Vision is a Less Speculative One
- ANWF: The Idea The platform of ANWF
- Petition/Action on Breaking up the Banks we can make breaking up the banks into policy
- Point by Point Rebuttal of Bankers Who Say Size is Necessary
Important Blogs
- Baseline Scenario Economists Simon Johnson and James Kwak
- Calculated Risk Calculated Risk
- Naked Capitalism Yves Smith and others
- Rorty Bomb A must read on economic policy and research
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LEARN MORE: Our Money and Economy
BOOKS
"FINANCIAL INNOVATIONS"
WHAT TO DO ABOUT THE BIG BANKS THAT FAIL?
ANTITRUST
1)Barry Lynn’s “Cornered: The New Monopoly Capitalism and the Economics of Destruction, the most important book on the hidden monopolies in our country and how they impact our democracy.
2)Neil Barofsky’s “Bailout: How Washington Abandoned Main Street While Rescuing Wall Street, the story of the mishandling of the $700 billion TARP bailout fund.
3)Lawrence Goodwyn’s “The Populist Moment: A Short History of the Agrarian Revolt in America,” one of the truly great works of American history and how to build a foundation for 20th century American political economy.
MELTDOWN CAUSES: Articles and Interviews1. Finger of blame points to shadow banking’s implosion -Financial Times
2. Musings on Structural Challenges to the Financial System -Yves Smith
3. Hedge fund Manager Goodbye -Andrew Lahde
4. The End -Michael Lewis
5. Alan Greenspan and the Fed -William Greider
6. Bill Moyers and Kevin Phillips -video
7. Destructive Rise of Big Finance -Kevin Phillips
8. The Quiet Coup -Simon Johnson
"FINANCIAL INNOVATIONS"
1. Genesis of the Debt Disaster -Financial Times
2. Reforming Credit Default Swaps -Institutional Risk Analyst
3. AIG Bailout -Yves Smith
4. Mark to Model -Yves Smith
WHAT TO DO ABOUT THE BIG BANKS THAT FAIL?
1. Willem Buiter -FT
2. Thomas Hoening -Kansas City Federal Reserve
3. Joseph Stiglitz -Nobel Laureate
4. Nassim Taleb -FT
5. Dan Tarullo -Federal Reserve
ANTITRUST
1. Breaking up the Banks -Zephyr Teachout
2. Too Big to Fail is Too Big -Willem Buiter
3. Vigourous Antitrust -Christine Varney, Asst Atty General of DOJ, AT
1. Regulatory Capture -Thomas Frank
2. Making Regulation Work -Zephyr Taachout, Shawn Bayern
1. Evolution or Revolution -Bill Gross
2. The Future of the American Dream -William Greider
3. Tom Geoghegan and William Greider on the Economy - audio
4. Andrew Bacevich Interview With Bill Moyers - video
Join us on Twitter
- Supreme Court decision infuriating, this is why: Financial executives spent big on Brown, precursor to midterms http://bit.ly/cXnWCu 2010/02/01
- RT @OpenCongress: Federal Reserve not inspiring confidence with their new website, a training guide for rookie bank directors: http://bi ... 2010/02/01
- We started against Bernanke with little support. In the end he was confirmed with the most votes against a Fed Chair EVER. 2010/01/28
- RT @Demos_Org: A Little Post-#SOTU Humor: What Obama Really Said Last Night: http://bit.ly/axSCwm 2010/01/28