Financial Reform

Regulatory Rumpus: The Battle Over Reinstating Glass-Steagall

Among the small number of Americans who are passionate about financial regulation, no topic raises hackles more than the so-called Glass-Steagall act. It is “so-called” because when you hear the term “Glass-Steagall” the speaker is most certainly referring to four provisions from the Banking Act of 1933, which was sponsored by Senators …

20 Words That Will Make or Break Financial Reform

Correction appended: July 8, 2013, 9:46 p.m. E.T.

Derivatives, those complex exploding financial securities that were at the heart of the 2008 Lehman Brothers collapse and global financial crisis, have been at the top of bank reformers’ agenda over the past five years. Figuring out a way to make them — and thus our financial …

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