August 28, 2013 – Shahien Nasiripour of the Huffington Post reports: Regulators overseeing the nation’s largest financial institutions are distrustful of their bosses, afraid to speak out, and feeling isolated, according to a confidential survey this year of Federal Reserve employees. The findings from the April survey of roughly 400 employees, presented to Fed staff during multiple … Continue reading
Tagged with Dodd-Frank …
BLOOMBERG | CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law
April 29, 2013 – Bloomberg’s Elliot Blair Smith reports: “Former fashion jewelry saleswoman Rebecca Gonzales and former Chief Executive Officer Ron Johnson have one thing in common: J.C. Penney Co. (JCP) no longer employs either. The similarity ends there. Johnson, 54, got a compensation package worth 1,795 times the average wage and benefits of a U.S. department store worker when … Continue reading
BLOOMBERG | Regulators Ignoring Dodd-Frank Rules That Allow Them to Break Up Big Banks
Bloomberg Brief (July 27, 2012) Phil Angelides, president of Riverview Capital Investments and the former chairman of the congressionally appointed Financial Crisis Inquiry Commission, tells Dana Wilkie of Bloomberg that regulators are ignoring Dodd-Frank provisions that give them power to break up the nation’s largest banks. Q: Why do you want regulators to break up … Continue reading
REUTERS | Big Banks should be shrunk and broken up – here’s why and how
REUTERS Big Banks Should – And Can – Be Shrunk If Needed, Experts Say June 12, 2012 – By Stuart Gittleman, Guest Contributor NEW YORK, June 12 (Thomson Reuters Accelus) – A need to break up big banks is one of the several lessons policy makers should have learned from the financial crisis that have either … Continue reading
BLOOMBERG TV | Break Up the `Too Big’ Banks, Angelides Says
May 31, 2012 – Phil Angelides, former chairman of the Financial Crisis Inquiry Commission, talks about regulation of the U.S. financial industry, the Volcker rule and Dodd-Frank Act. He speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” Video streaming by Ustream
Phil Angelides 