financial reform

Regulating from Below: How Front-Line Bank Workers Can Help Fix the Financial Industry

Ten years after risky practices at our largest banks wreaked havoc on the global economy, we face a financial sector that, despite some reforms, remains broken in fundamental ways. Wall Street has beat back many of the kinds of structural changes that happened after the Great Depression, and the reforms that have happened in the …

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Tribune Emerges Today from 4-year Bankruptcy, with Intent to Sell All Newspapers, TV Stations

Warren Buffett or civic-minded local investors in L.A., Chicago, Baltimore or other Tribune cities might be unable to purchase the papers individually, unless or until they were broken up by a subsequent owner.  The newspaper sale has been anticipated for months, but Tribune was expected to keep and grow its broadcast business, so the offloading …

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Time For More Executive Hard Time?

Angelo Mozilo, co-founder of Countrywide Financial, a.k.a. No-Income-is-too-Small-For-Us-to-Give-You-a-Mortgage, agreed to pay $67.5 million dollars to avoid a federal civil fraud suit about to go to trial. I know what you’re thinking, let’s hold a bake sale for Angelo. He clearly must be hurting. But chances are slim that you’ll see him at any soup kitchen, …

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I Get America, It’s Americans That Confuse Me

I understand the home-of-the-free-and-land-of-the-brave. I get bring-me-your-tired-huddled-masses-yearning-to-breathe-free. I can even relate to hot dogs-apple pie-and-baseball. What I don’t understand is how passive Americans have been in the face of the economic challenges brought on by the recession. I thought we were a feisty country, tough and ready to stand up for what’s right. Case in …

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Unions, Progressives To Launch Wall St. Reform Drives This Week

Unions and progressive coalitions are seeking to add grass-roots organizing power to President Obama’s calls for financial reform, with stepped up activism from the AFL-CIO, Jobs for Justice and the progressive Americans for Financial Reform coalition all starting this week. Following last week’s AFL-CIO convention that aimed to jump-start reform drives and the union movement, …

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Madeline Messa

Madeline Messa is a 3L at Syracuse University College of Law. She graduated from Penn State with a degree in journalism. With her legal research and writing for Workplace Fairness, she strives to equip people with the information they need to be their own best advocate.