#brooksley born

[itsmassivecollectionpatrolus]

I read an article claiming that the derivatives had a value of 23 times the world’s GDP, so 28 would not be out of the realm of possibility. Remember, no actions were taken to stop the derivative market post 2008. Brooksley Born went head to head with Greenspan in front of a Congressional Committee in the late 90s, claiming derivatives were illegal, and accurately predicting what the result would be. She lost and resigned. Greenspan should have been sent to prison, for life, along with every POS in the Big Casino.

Curmudgeon says:January 7, 2020 at 11:21 pm GMT unz.com

[carolinemillerbooks]

New Post has been published on http://www.booksbycarolinemiller.com/musings/after-the-fall-dont-blame-the-women/

After The Fall, Don't Blame The Women

Courtsey of google.com After the 2008 financial crisis in the United State —  the result of Wall Street bundling bad mortgages together and selling them as investments — writer Michael Lewis wrote, The Big Short, a best seller about what happened.  Primarily, he focused on the few c...

[odinsblog]

Brooksley Born, a head of the Commodity Futures Trading Commission in Clinton’s second term, made a heroic effort to regulate the nefarious marketing of dubious mortgage debt securities until Bill Clinton betrayed her by signing off on legislation that explicitly banned any regulation of those suspect mortgage derivatives, involving many trillions of dollars. It was that president’s parting gift to the banks but also to his wife, whose Senate career would come to be lavishly supported by Wall Street’s mega-rich leaders. They are now quite happy to back a woman for president, as long as it’s not someone like Brooksley Born or Elizabeth Warren who is serious in her concern for the millions of women whose lives were impoverished by Hillary Clinton’s banking buddies.

Go ahead, back Hillary Clinton. But you'll have to forget all about her record

[dailyqueernews]

What Would Happen if Women Were In Charge of the Global Economy?

What Would Happen if Women Were In Charge of the Global Economy?

William Greider | The Nation | May 8, 2015

Janet Yellen, Christine Lagarde, and Brooksley Born (AP/Charles Dharapak, Reuters/Mike Theiler, AP/Jacquelyn Martin)

If women were in charge of banking regulation, could they save us from the Wall Street cowboys who crashed the global financial system?

That provocative question was the implicit subtext for an all-day conference of banking and…

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[ave1125]

New Year's day; Last day in Paris

Today’s my last day in Paris. It’s been a good trip. Lots of food, reading, wine, and critical examinations. I’ll be spending most of my time airborne on New Years day, so I’d like to commemorate my personal heroes and the goals of my future. In order to help myself become prudent, it’s helpful to celebrate it through a ritual called my blog. As Ellen Dissanayake once said, “making special” is an…

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[arlengrossman]

A Drop in the Bucket

A Drop in the Bucket

Citigroup: The Original Gangsta

By Robert Scheer/ Truthdig/ July 14, 2014

Barack Obama’s Justice Department on Monday announced that Citigroup would pay $7 billion in fines, a move that will avoid a humiliating trial dealing with the seamy financial products the bank had marketed to an unsuspecting public, causing vast damage to the economy.

Citigroup is the too-big-to-fail bank that was allowed…

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[cucmbersorbet]

Given the startling foresight and insight of Brooksley Born, Sheila Bair, Elizabeth Warren, Mary Shapiro, Maria Cantwell and so many others, it is painfully, jarringly apparent that we need more women in government.

Brooksley Born knew the Recession was going to hit all the way back in 1998. She tried to warn us, but she was run out of Washington by a mob of fratty douchenozzles. Yes, they were all men and they all worked for Bill Clinton.

[documentingfire-blog]

It's an hour, but if you wanna know more about how exactly our government let the economy tank (you read that right, they let this happen), it's well worth your time. Also, Brooksley Born may be my new hero.