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HomeLieutenant Colonel Elton Johnson on Way to Afghanistan Calls Out Finra…AGAIN!!
Posted by Larry Doyle on February 11th, 2011 7:07 AM |
I first wrote about Wall Street’s self-regulatory organization, FINRA (the Financial Industry Regulatory Authority) in January 2009. At that point and ever since I have believed strongly that for a revitalization of the health and confidence of our capital markets, our economy, and ultimately our nation itself that FINRA needed to become a MUCH more transparent organization. Regular readers of Sense on Cents know how passionately I feel.
Regrettably, though, outside of those regularly involved in the financial industry, I believe few people in our nation even know who FINRA is or what they do regulating Wall Street. I strongly believe that reality needs to change. Who would seem to share my belief? Amerivet Securities’ Lieutenant Colonel Elton Johnson, a member of the United States Army Reserve. (more…)
Did We Waste The Crisis? Is the Pope Catholic?
Posted by Larry Doyle on August 13th, 2013 8:16 AM |
Well, here we sit almost 5 years later. Is there any doubt that in terms of utilizing the crisis to implement the necessary meaningful financial regulatory and structural reforms, we have, in fact, wasted this crisis? Come on, do we even have to ask?
Adam Davidson of The New York Times would seem to believe the same as he wrote the following in a recent commentary: (more…)
Tags: Anat Admati, bank leverage, banks borrow too much, Charles Calomiris, Did We Waste a Crisis Adam Davidson, did we waste the crisis, Dodd-Frank financial regulatory reform, financial regulatory reform, government rules are too confusing, is the Pope Catholic, Rahm Emanuel, Rahm Emanuel comment about crisis, the public has been misled, you never want a serious crisis to go to waste
Posted in financial crisis, General, Wall Street Washington Incest | 3 Comments »