‘Our financial oligarchy': Louis Brandeis slams too big to fail – in 1913

July 17, 2012

Chris Reese contributed to this post

In an article entitled “Our financial oligarchy,” published in Harper’s magazine in December 1913, Louis Brandeis, who three years later would be appointed to the Supreme Court, delivered a scathing critique of the banking sector that bears an uncanny resemblance to the charges against Wall Street today.

A “Greed Tax” on banks

April 21, 2010

The International Monetary Fund has done what it was bid by the G20  and come up with proposals for getting banks to pay for the government help they receive when they get in trouble.  You can read the actual wording here, but it comes down to this:

The man who knew too much

October 12, 2008

Josef Ackermann , the top dog at the association representing the world’s multinational financial institutions, had just finished taking questions from reporters at a press conference for more than an hour.