Monday, June 02, 2014
Today President Obama announces new rules on carbon emissions for existing, coal-fired power plants. The EPA’s proposals would cut carbon dioxide emissions by up to 30 percent, but not without a few lawsuits and political battles in the process.
Monday, February 17, 2014
The financial meltdown in 2008 triggered nationwide outcry over the lack of regulation and oversight on Wall Street. But how much has changed since then? Leonard interviewed Larry Doyle about that in January, and we're re-airing the conversation today. Doyle argues that Wall Street, politicians, and the regulators themselves have conspired for personal and industry-wide gains while failing to protect investors, consumers, and taxpayers. In In Bed with Wall Street discusses recent scandals, such as the multi-billion dollar trading losses at JP Morgan Chase, the manipulation of interest rates via the LIBOR scandal, and money laundering with North American drug cartels and rogue nations such as Iran.
Wednesday, January 22, 2014
The financial meltdown in 2008 triggered nationwide outcry over the lack of regulation and oversight on Wall Street. But how much has changed since then? Larry Doyle argues that Wall Street, politicians, and the regulators themselves have conspired for personal and industry-wide gains while failing to protect investors, consumers, and taxpayers. In In Bed with Wall Street discusses recent scandals, such as the multi-billion dollar trading losses at JP Morgan Chase, the manipulation of interest rates via the LIBOR scandal, and money laundering with North American drug cartels and rogue nations such as Iran.
Thursday, May 09, 2013
Marijuana culture in this country is changing. There was legalization of recreational marijuana use back in November in Washington and Colorado. Medical marijuana is still legal in California. Today, we explore the different issues that weed legalization and use pose.
Monday, April 08, 2013
Cass Sunstein, President Obama’s former “regulatory czar,” talks about his time in the White House Office of Information and Regulatory Affairs, overseeing a far-reaching restructuring of America’s regulatory state. He explains what was done, argues that Americans are better off as a result, and explores what the future has in store. His book Simpler: The Future of Government discusses the benefits of simpler government with smarter regulations.
Thursday, August 16, 2012
Earlier this week, the British bank Standard Chartered announced that it would pay $340 million in civil penalties to a New York State regulator to end an inquiry into whether the bank had processed $250 billion in transactions with Iran. On today’s Backstory, Thomas Easton, New York Finance and Economics Correspondent for the Economist, explains what happened at Standard Chartered, why other agencies are now investigating what happened, and what this and recent incidents tell us about bank regulation today.
Wednesday, July 18, 2012
HSBC spent ten years failing to comply with regulatory measures, according to a new report from the Senate's Permanent Subcommittee on Investigations. They enabled drug lords to launder money in Mexico, did business with banks linked to Al Qaeda, and bypassed American Sanctions against Iran.
Thursday, June 14, 2012
Today, about 30 percent of Americans’ jobs require licenses: hair dressing, interior design, earth drilling, even floristry in some states. It’s a percentage that’s on the rise. Professional licenses can promote high standards and excellence in health and safety. But in our turbulent economy, where the unemployed turn to the service industry for work, regulation is often a burden.
Tuesday, May 29, 2012
Just over a year after the release of his Oscar-winning documentary “Inside Job,” Charles Ferguson returns to the topic of the 2008 financial crisis with his latest book “Predator Nation.”
Monday, April 09, 2012
By Osborne Hazel : Economics and legal blogger
Last Thursday, President Obama signed the Jumpstart Our Business Startups Act, or JOBS Act, which included many policies intended to help small and emerging businesses grow into larger, more successful companies.
Thursday, April 05, 2012
Rolling Stone’s Matt Taibbi takes a look at the fragile situation at Bank of America. The bank that was deemed too big to fail and received a $45 billion government bailout has, Taibbi argues, defrauded investors and insurers, homeowners and the unemployed.
Tuesday, January 17, 2012
The issue of how to keep big banks in check is the topic of national conversation as the country slowly climbs out of the recession. Questions on how to prevent another economic recession and regulate the financial sector are part of the heated debate. Joe Nocera, Op-Ed columnist for the New York Times explains how "complexity risk" — what results when there are too many regulations — could pose a threat to the financial system.
Wednesday, November 23, 2011
Greg Palast discusses his investigation into how the oil and banking industries manage to avoid government regulation. In Vulture’s Picnic: In Pursuit of Petroleum Pigs, Power Pirates, and High-Finance Carnivores, he shows how environmental disasters like the Gulf oil spill, the Exxon Valdez, and lesser-known tragedies such as Tatitlek and Torrey Canyon are caused by corporate corruption, failed legislation, and veiled connections between the financial industry and big energy.
Monday, September 19, 2011
—Philip K. Howard, founder and chair of Common Good and author of The Death of Common Sense: How Law Is Suffocating America, on The Brian Lehrer Show
Wednesday, April 13, 2011
Many of the big banks received huge bailouts from the government during the great recession. If they faced a crisis again, what would stop them from expecting another bailout the next time around? That question has led one Fed official, Thomas Hoenig, president of the Kansas City Fed, to raise the issue of whether big banks should be reclassified as government sponsored entities, kind of like Fannie Mae and Freddie Mac.
Monday, January 24, 2011
There's few groups in America that are less hostile to the free market in many cases than large business interests and that misunderstanding creates a convenient way to push for more regulation when people have a certain resistance to big business. But in fact it doesn't comport with reality. Big business loves regulation because big businesss have big compliance departments that allows them to deal with regulatory barriers to entry and the small businesses which are competing with them do not have that.
Monday, January 24, 2011
President Obama is modernizing regulations - removing outdated and "dumb" ones and creating new ones to address current issues. Rena Steinzor, President of the Center for Progressive Reform, and Jerry Bowyer, author of the Free Market Capitalist's Survival Guide offer opposing perspectives and discuss the administration's new focus on "competitiveness".
Thursday, October 14, 2010
Jim Harper, director of Information Policy Studies at the libertarian-leaning Cato Institute, thinks the Internet doesn’t need government regulation and Josh Silver, president and CEO of Free Press, thinks the Internet needs some kind of government regulation.