David Dayen | One Thing Democrats and Republicans Apparently Agree On: Destabilizing the Banking Sector Again




Reader Supported News
11 March 18
It's Live on the HomePage Now:
Reader Supported News

FOCUS: David Dayen | One Thing Democrats and Republicans Apparently Agree On: Destabilizing the Banking Sector Again 
Senator Joe Donnelly. (photo: ABC News)
David Dayen, The Los Angeles Times
Dayen writes: "Next week marks the 10th anniversary of the run on Bear Stearns, the investment bank that collapsed under the weight of toxic subprime mortgages."
READ MORE
Become a Fan of RSN on Facebook and Twitter




Comments

Post a Comment

MOST POPULAR

Jane Mayer | Christopher Steele, the Man Behind the Trump Dossier

Image
06 March 18 AM It's Live on the HomePage Now: Reader Supported News Jane Mayer | Christopher Steele, the Man Behind the Trump Dossier  Jane Mayer, The New Yorker Mayer writes: "A longtime friend of Steele's pointed out to me that Steele was in a singularly unenviable predicament. The dossier had infuriated both Vladimir Putin and Donald Trump by divulging allegedly corrupt dealings between them." READ MORE Sam Nunberg. (photo: Amir Levy/NYT) ALSO SEE:  Former Trump Aide Sam Nunberg's Mueller  Meltdown Leaves Friends Petrified ALSO SEE:  Who Is Sam Nunberg? The World  Wants to Know. Former Trump Campaign Aide Burns Everything Down in Epic Series of Cable News Interviews Aaron Rupar, ThinkProgress Rupar writes: "On Monday afternoon, former Trump campaign aide Sam Nunberg did three different television interviews - one with MSNBC, and then two with CNN - in which he explained why he doesn't plan to cooperate with a grand jury subpo...
Read more

POLITICO Massachusetts Playbook WARREN’s war chest — DC DELEGATION returns from PUERTO RICO — BAKER defying laws of political gravity

Image
****Even as the MERCERS run attack ads against Senator Elizabeth Warren and the Chamber of Commerce targets the Senator, voters in Massachusetts are funding her campaign.  Senator Warren created the CONSUMER FINANCIAL PROTECTION BUREAU [CFPB], the only federal agency that protects CONSUMERS.  CFPB investigated and pursued the outrageous conduct of WELLS FARGO, among others.  Wealthy Wall Street Weasel Steve Mnuchin, known as the Foreclosure King,  has neutered it.  Massachusetts Voters: Beware of the PROPAGANDA from wealthy sources.  01/16/2018 06:52 AM EDT By Lauren Dezenski  ( ldezenski@politico.com ; @LaurenDezenski) with Rebecca Morin ( rmorin@politico.com ; @RebeccaMorin_) GOOD MORNING, MASSACHUSETTS. SMALL DONORS BOOST WARREN'S WAR CHEST -  Elizabeth Warren, the Senate's most prolific fundraiser, closed out 2017 with another strong fundraising haul - $2.88 million over the final three months of the year. Once again...
Read more

National Law Journal

Image
US Justice Dept. Resists Broad 'Special Prosecutor' in Arpaio's Contempt Appeal "The separation-of-powers concern would be particularly severe if the special prosecutor were able to challenge the...  Read More CONSTITUTIONAL LAW   |   NEWS Kagan Gives UVA Prof Shoutout for Provoking 'Good and Hard Thinking' By Marcia Coyle “As I hope readers of today's decision will agree when they read all the opinions in this case, including a concurrence...  Read More DAMAGES   |   NEWS Supreme Court Expands Patent Damages Beyond US Borders, Narrowly By Scott Graham Sidestepping the presumption against extraterritoriality, Justice Clarence Thomas' 7-2 opinion OKs damages under narrow...  Read More ELECTION AND POLITICAL LAW   |   NEWS US Justice Dept. Resists Broad 'Special Prosecutor' in Arpaio's Contempt Appeal By Mike Scarcella "The separation-of-powers concern would be particularl...
Read more

Preventable mistakes

Image
It will take strong Congressional backbone to implement Nunn-McCurdy type standards. But NNSA has demonstrated time and time again that they cannot control these projects on their own. Nuke Agency Needs Budget Accountability It will take strong Congressional backbone to implement Nunn-McCurdy type standards. But NNSA has demonstrated time and time again that they cannot control these projects on their own. It’s long past time for Congress to step up and perform their oversight role to ensure our tax dollars won’t be wasted on yet another entirely preventable mistake. Read more How House Intel Committee’s Russia Investigation Turned into a Cautionary Tale The House Intelligence Committee’s Russia investigation appeared to miss the mark on many of these best practices—resulting in a muddled effort that left its members’ duty to the American people unfulfilled. Read more Air Force Leaders Deliberately Slow-Rolling A-10 Refurbishment The unnecessary t...
Read more

The Big Mac And The Crocodile

Dear Friend, 2017 will be remembered as the year that the so-called ‘peace process’, at least in its American formulation, has ended. And with its demise, a political framework that has served as the foundation for US foreign policy in the Middle East has also collapsed. The Palestinian leadership and its Arab and international allies will now embark on a new year with the difficult task of drumming up a whole new political formula that does not include the United States. Cyril Ramaphosa, the next President of South Africa, was the man behind the entry of international fast food behemoth McDonalds into the country, earning him the sobriquet “The Big Mac”. Zimbabwe’s new President Mnangagwa bears the nickname “The Crocodile” from his days as head of Robert Mugabe’s secret police for, like his namesake, coming out of nowhere to suddenly snatch his victims, never to be seen again Also more stories from around the world.  If you don't mind, and if you think the conten...
Read more

Masha Gessen | Fighting Fake News Is Not the Solution

Image
06 January 18 PM It's Live on the HomePage Now:   Reader Supported News Masha Gessen | Fighting Fake News Is Not the Solution    Masha Gessen, The New Yorker   Gessen writes: "Despair pervaded American newsrooms following the 2016 election. It wasn't just that most of the media had failed to foresee the outcome of the vote; it was the realization, as one colleague put it, that 'nothing we do matters.'"   READ MORE Trump Wants $18 Billion for Wall in 'Dreamer' Deal   John Bowden, The Hill   Bowden writes: "President Trump this week offered his most detailed request to date of his plans for a wall along the U.S.-Mexico border."   READ MORE Kobach Wants DHS to Pursue Voter Citizenship Tests, Internal Docs Show   Aaron Sankin, Reveal   Sankin writes: "On Wednesday, President Donald Trump disbanded a White House commission tasked with looking into unsubstantiated allegations of widespread voter fraud. In a statement, the presiden...
Read more

POLITICO Massachusetts Playbook: Much ado about a BREAKFAST — MASSHEALTH restructures — WELD sues over voting system

Image
02/22/2018 07:23 AM EDT By Lauren Dezenski  ( ldezenski@politico.com ; @LaurenDezenski) with Brent D. Griffiths ( bgriffiths@politico.com ; @BrentGriffiths) MUCH ADO ABOUT A BREAKFAST -  Boston's annual St. Patrick's Day Breakfast is a go, with two times the hosts this year. After host  Linda Dorcena Forry  announced her surprise departure from the state Senate last month, the powers at be in South Boston officially handed interim hosting duties to U.S. Rep. Stephen Lynch  (who hosted the breakfast from 1997 to 2001 when he was the state senator from Southie) and Boston City Councilor  Michael Flaherty  (who has made multiple breakfast appearances)  -  while two other candidates duke it out for Forry's vacated Senate seat and the responsibility to host the traditional breakfast next year and beyond. It may seem like much ado about an outdated tradition. But over the years, the St. Patrick's Day Breakfast has served as an important s...
Read more