Topic: Glass-Steagall Act

Slouching toward a double dip

With private sector job growth sluggish and public sector job cuts increasing, are we sliding towards a double dip recession?

Gulf spill: Where's the outrage, Mr. Obama?

In the Gulf spill and other recent scandals, President Obama has shown corporate America too much deference.

Senate passes financial reform bill

After intense debate in the Senate, expect to see victory laps from President Obama.

Lincoln to the rescue: Shaking up the derivative business

Arkansas Senator Blanche Lincoln wants to force banks to put their derivatives into separate entities that aren’t subsidized by the general public. Considering such a change would cut dramatically into big banks’ profits, does she stand a chance?

Getting Wall Street out of Washington and Washington out of Wall Street

If Washington knew what was good for it and the nation, it would sever its financial connections with Wall Street. Better yet, it would enact legislation seeking to limit the impact of corporate money in politics. But that's not happening any time soon.

A citizen's guide to reforming Wall Street

The current finance reform bill now being considered in Congress leaves out three of the most important things necessary to prevent a repeat of the Wall Street meltdown.

Break up the banks: Why we must limit the size of banks

"Too big to fail" means too much political leverage and too much power over Washington.

Greenspan, Summers, and why the economy is so out of whack

Former Fed Chairman Alan Greenspan and Larry Summers, director of the National Economic Council, bear much of the responsibility for the conditions that lead to the financial crisis.

President Obama's next big thing should be jobs

Congress has approved small jobs bills. President Obama needs a big jobs program to combat unemployment.

The difference between Republicans and Democrats? Enthusiasm.

Republicans are heading into the mid-term elections with an enthusiastic, energized base. Democrats can't say the same.

Why Obama Must Take On Wall Street

Big banks are too big – and unproductive

They're hurting the mainstream economy and providing 'a hundred trillion [dollars] of worthless activity'

Commission: three reasons why the financial crisis happened

The Financial Crisis Inquiry Commission hearings have produced one moment of drama and a few theories from regulators and bankers about why the meltdown happened.

Banks too big to fail? Break 'em up, Congress.

Congress shouldn't let financial institutions get large enough to wreck the financial system. But questions abound about whether the Feds can be honest regulators.

One goal of Obama's 'sweeping overhaul': prevent another AIG

The plan seeks to contain the risk of large-firm failure. It would also give regulators alternatives to costly AIG-style bailouts.

A modern bank run on Citigroup and Bank of America

The Monitor's View: The post-bailout agenda

For starters, Congress must admits its mistakes in creating a housing bubble.

Paulson proposes major new role for the Fed

The central bank would oversee all financial markets, under a new plan.

Congress looking for broader fixes for U.S. economy

On the Hill, bills range from rule changes allowing judges to rewrite mortgage terms to a financial-sector overhaul.