Dodd-Frank

March 18, 2013 — Scott Johnson

Washington Leviathan

Featured image The New York Times and other newspapers have devoted a large number of column inches to the Senate investigation of the multibillion dollar losses incurred by JPMorgan Chase in its so-called London Whale trades. See, for example, Jessica Silver-Greenberg’s Saturday Business article and Gretchen Morgenson’s Sunday business column. Why should we care about the bank’s trading losses? Morgenson gets around to the question at the end of her column, but »
July 13, 2012 — Steven Hayward

The Labor of LIBOR

Featured image With the exception of the specialty financial press and one or two general assignment journalists, the media are not making much of the LIBOR scandal.  Much easier, and more congruent with The Narrative, I suppose, for the media to continue to chase after the bane of Bain.  I mentioned here last week that the real story about LIBOR may well be the massive conflict of interest and collusion between the »
June 22, 2012 — Steven Hayward

A Sermonette on the Administrative State

Featured image So yesterday I teed off on Nancy Pelosi’s ridiculous explanation for her 2010 remark about Obamacare that “we have to pass the bill so that you can find out what is in it, away from the fog of controversy.”  She was far from the only liberal who said this, recognizing the inner truth of what it reveals to us about how we are actually governed by unelected, unaccountable bureaucrats rather »
June 21, 2012 — Paul Mirengoff

Major lawsuit challenges the constitutionality of Dodd-Frank (updated)

Featured image With the Supreme Court poised to rule on the constitutionality of Obamacare, a suit filed today challenges the constitutionality of the other signature legislation of President Obama’s first term: Dodd-Frank. Brought in the U.S. District Court in Washington, D.C., the case is styled State National Bank of Big Springs and others v. Timothy Geithner and others. The other defendants include the Treasury Department, the Consumer Protection Bureau, the Board of »