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  • Chris Dodd Asks Department Of Justice To Probe Lehman Repo 105 And "Other" Accounting


    zero hedgeAuthority Authority: 755
    Not to worry Dick "Tragic, Mistaken Figure" Fuld - after all Repo 105, what was the line, merely "vindicated you." There is absolutely no need to jump on a one flight to Caracas.     March 19, 2010 The Honorable Eric H. Holder, Jr. Attorney General of the United States United States Department of Justice 950 ...
    2 hours ago
  • Dodd says $100M in reconciliation bill


    ConnPoliticsAuthority Authority: 440
    Hartford, Conn. (WTNH) – Senator Chris Dodd said today that the $100 million grant proposal that Governor Jodi Rell is depending on for her new UConn Medical Center proposal is still contained in the massive health care proposal expected to be voted upon by the U.S. House of Representatives this weekend. Read more ...
    4 hours ago
  • Financial Reform Deserves a Great Bureaucracy (and There Are Great Bureaucracies)


    http://www.ourfuture.org/blogAuthority Authority: 679
    Recently we wrote that Sen. Chris Dodds draft financial reform bill would create a " cumbersome bureaucracy ." That wasnt an endorsement of a conservative talking point: The operative word was "cumbersome." The Right likes to use the word "bureaucracy" as an epithet, but the primary definition of bureaucracy is ...
    6 hours ago
  • Mortgage Modifications are a SCAM.


    InvestmentWatchAuthority Authority: 142
    If you are a couple that cannot continue to make inflated payments, but could afford an “adjusted rate mortgage”, you pick up the phone, call the Lender, and they send you a “Mortgage Modification Package” in which you are asked to fill out many forms and return, along with a Hardship Letter. THEN YOU WAIT. ...
    18 hours ago
  • Dodd Liquidation Panel


    ThinkMarketsAuthority Authority: 507
    by Chidem Kurdas There is one new regulation that is truly needed—a way to wind down, without major disruption to markets, failing broker-dealers and other financial companies. The new financial industry bill introduced by Senator Christopher Dodd claims to do this and solve the “too-big-to-fail” problem. ...
    1 day ago
  • Jon Stewart Dissects Senator Dodd’s New Watchdog


    The Daily ReckoningAuthority Authority: 639
    Senator Chris Dodd (D-CT) is finally ready with new financial regulation. However, before you get your hopes too high… according to him, it “will not stop the next crisis from coming.” Instead, his plan is more to establish a new “watchdog” and when it’s on duty, “we need to strengthen not only its bark, ...
    1 day ago
  • Another day, another award for Chris Dodd


    Capitol WatchAuthority Authority: 620
    As the clock runs down on the long career of the states senior senator, kudos are coming in from various groups. This time, its the Connecticut Conference of Municipalities, which is honoring Dodd with its Roger Sherman Public Service Award, The award lauds Dodd for his three decades of "dedication and service to ...
    1 day ago
  • ‘Countrywide’ Chris Dodd Proposes Blank Check to Bailout Big Banks


    Big GovernmentAuthority Authority: 799
    It’s not often that we can give credit to Barney Frank but when it comes to the issue of Financial Reform at least we can say is he was honest enough to put a price tag on the proposed permanent bailout fund.  Can’t say the same for Sen. Chris Dodd. The Frank bill’s price tag for future bailouts was clear ...
    1 day ago
  • With Friends Like Friend, Who Needs Financial Reform?


    DailyFinanceAuthority Authority: 777
    Senate Banking Committee, which Dodd chairs, retains a general counsel, Amy Friend, who apparently tried to profit off the implosion of Wells Fargo, Morgan Stanley, AIG and other financial institutions in the 2008 collapse. The counsels actions were legal -- but despicable. Continue reading With ...
    1 day ago
  • Quote of the day


    Beers with DemoAuthority Authority: 432
    ...while the healthcare debate rages, there is still other business being tended to in D.C. “Americans are frustrated and angry, as we all know, theyve lost faith in our markets, and they wonder if anyone is looking out for them.” That from the on-his-way-out-the-door, Connecticut Senator, Chris Dodd ...
    1 day ago
  • Dodd Bill Handles Too Big To Fail Well


    Matthew YglesiasAuthority Authority: 792
    Something that I think hasn’t gotten the attention it deserves is that whatever doubts you may have about prudential regulation in Chris Dodd’s bank regulation bill it (and the House bill too) takes apart the too big too fail very nicely: Resolution authority is key . The reason that TBTF works is because ...
    1 day ago
  • In Chris Dodd We Trust


    Funny Videos on Funny or Die. Watch funny videos featuring celebrities, comedians and you.Authority Authority: 812
    In Chris Dodd We Trust Chris Dodd introduces financial reform legislation, and Jon pretends he has the same rights as a corporation. Submitted by: Fod Team Kinda Cute Keywords: Chris Dodd Bob Corker economy reform Wall Street business bailouts Lehman Brothers ...
    1 day ago
  • The Fog Of Government


    Newsroom MagazineAuthority Authority: 125
    The first thing I think we ought to do is to create an independent agency whose sole function is to sift through the wreckage of every financial disaster and to be able to produce publicly available reports as to what happened, why it happened, and what may need to be done in [...]
    1 day ago
  • Summarizing Todays Fed Chairman Q&A: Prepare To Vastly Exceed Your Recommended Daily Allowance Of Bernankes Prevarications


    zero hedgeAuthority Authority: 755
    Going through todays pertinent Q&A with Bernanke, initially we focus on Fed nemesis #1, Ron Paul. First question of relevance: "Do you Mr. Bernanke think that rates were hold too low for too long?" The degree of Fed delusion is easily seen by the response: "the bottom line is nobody really knows for sure, but the ...
    1 day ago
  • Too Big to Succeed: Dodds Proposal Creates a Cumbersome Bureaucracy


    Night LightAuthority Authority: 462
     When President Obama asked a group of senior executives for  suggestions on streamlining government , its unlikely that any of them suggested layers of new bureaucracy, vague marching orders, or management by committee. Yet Sen. Dodds compromise financial reform proposal does all these things. The likely result? ...
    1 day ago
  • Too Big to Succeed: Dodds Proposal Creates a Cumbersome Bureaucracy


    http://www.ourfuture.org/blogAuthority Authority: 679
    When President Obama asked a group of senior executives for suggestions on streamlining government , its unlikely that any of them suggested layers of new bureaucracy, vague marching orders, or management by committee. Yet Sen. Dodds compromise financial reform proposal does all these things. The likely result? ...
    1 day ago
  • Sanders Says He Will Strengthen Financial Reform


    The Democratic DailyAuthority Authority: 515
    Apparently a day is all it took. We reported Tuesday that, although a variety of financial reform advocates believe the new Senate reform package lacks needed teeth, they stopped short of declaring outright opposition to the bill. There appeared to be a sense that provisions — particularly those placing a new ...
    1 day ago
  • Sanders Says He Will Strengthen Financial Reform


    On The HillAuthority Authority: 476
    Apparently a day is all it took. We reported Tuesday that, although a variety of financial reform advocates believe the new Senate reform package lacks needed teeth, they stopped short of declaring outright opposition to the bill. There appeared to be a sense that provisions -- particularly those placing a new ...
    1 day ago
  • Is Dodd Ending Too Big to Fail?


    Big GovernmentAuthority Authority: 799
    Surprise, surprise. Sen. Chris Dodd’s financial-regulation proposal raises the possibility of substantial progress on the road to ending “too big to fail” (TBTF) and bailout nation for banks and other financial institutions. How the Dodd bill will play out in the final details remains to be seen. But when ...
    2 days ago
  • Five Reasons to Strengthen Financial Regulation From the Lehman Report


    The Washington Independent BlogAuthority Authority: 154
    The extraordinarily comprehensive bankruptcy examiner’s report on Lehman Brothers is the gift that keeps on giving to financial reform advocates, above and beyond even the revelations that Lehman was cooking its books and no one noticed for years. According to Yves Smith at Naked Capitalism , the report is a ...
    2 days ago

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