Tagged with Dodd-Frank

HUFFINGTON POST | Federal Reserve Employees Afraid To Speak Put Financial System At Risk

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

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 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