How the Bailout Killed Local Lending — And How Some States Hope to Bring It Back Ellen Brown June 27, 2011 http://WebofDebt.com/articles “Wall Street banks have cut back on small business lending… [by] more than double the cutback in overall lending.… [Small business] options just keep disappearing.” -Elizabeth Warren, Chair …
A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts
A publication from Baseline Scenario A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts Posted: 05 Mar 2011 06:43 AM PST By Simon Johnson. Testimony submitted to the Congressional Oversight Panel, ?Hearing on the TARP?s Impact on Financial Stability,? Friday, March 4, 2011. I. Summary 1) The …
Banking Under the Dodd-Frank Act from The Baseline Scenario
Banking Under the Dodd-Frank Act Posted: 22 Jul 2010 03:33 AM PDT By Simon Johnson President Obama’s signing of the financial reform bill yesterday does not end our intense debates over banking – rather it just moves them to a new sphere. Instead of arguing about legislation, the next arena …