Barney Frank and Financial Reform in Newsweek
Is Barney Frank our best shot at financial reform?… More »
Is Barney Frank our best shot at financial reform?… More »
When we swipe our credit cards, the cards swipe some of our money. How?… More »
I recently had the chance to catch a preview of "The Card Game," a Frontline special on credit cards, which airs tonight at 9pm ET (check local listings). Lowell Bergman talks with a wide range of financial insiders and regulators and describes the changing nature of the credit card industry over the past 30 years. During the hour, Bergman speaks with Tim Geithner, former Providian CEO Shailesh Mehta, Elizabeth Warren, Christopher Dodd, and many others. He…… More »
Visa is using a football website to teach customers about credit cards. Huh?… More »
Should the Supreme Court prevent mutual funds from charging individual investors higher fees?… More »
The GOP is behind strict consumer financial protection, for the military.… More »
Have you heard the rumor that the Consumer Financial Protection Agency would jack up interest rates and put a stranglehold on job growth after the recession? If you did, you might be able to trace it back to David S. Evans, of the University of Chicago Law School, and Joshua D. Wright, of George Mason University School of Law, who wrote the study The Effect of the Consumer Financial Protection Agency Act of 2009 on Consumer Credit. (h/t Volokh Conspiracy.) In it,…… More »
The Wall Street Journal ran a post over the weekend about a new credit crunch among low income borrowers, noting it is now 'payback time.' What they didn't go into is that their primary interviewee is drowning not on expensive cars loans but student loans. This former student's debt is far from extraordinary. It is, in fact, tragically ordinary, as student loans have become the 21st century version of indentured servitude.… More »
If you want good news about the job market, don't read newspapers. It seems that every weekend gives us another visual way of displaying how bad the things have gotten for job seekers. Check out this graph by the New York Times:… More »
Will financial innovation stop the next crisis before it begins?… More »
Why bankruptcy reform failed and what we should do to fix it.… More »
More mortgage delinquents aren't catching up. Here's why that matters.… More »
Tomorrow's machines: Boring, efficient, and really, really good at your job.… More »
So I'm in favor of a Consumer Financial Protection Agency (CFPA). However I'm also of the opinion that our largest banks are too large and could stand to shrink. Are these in conflict? Our knee-jerk reaction should be that regulation functions as another barrier to entry, another fee that has to be paid, and can most easily be paid by the biggest players. However I think the advantages to clearing the playing field for the small versus the big player outweighs this…… More »
What does end-of-the-world insurance have to do with health care?… More »
What is high frequency trading? And why is everybody afraid of it?… More »
A primer on the shadow banking system.… More »
National Portrait Gallery
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The Civil War
A 150th-anniversary commemorative issue, with Atlantic work by Mark Twain, Harriet Beecher Stowe, Frederick Douglass, and others. Read more › |
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