financial regulation

Elizabeth Palmberg 12-02-2011

This analysis is not from Occupy Wall Street: It’s from those long-haired, hippie radicals over at Bloomberg News, whose Freedom of Information Act lawsuit finally pried the bailout details out of the unwilling Fed. Turns out the banks made $13 billion in profits off the government’s sweetheart-deal interest rates, which New Deal 2.0 is calling maybe “the biggest subprime loan operation of all time.”

The contrast couldn’t be clearer: While the government swung into extreme, double-secret action to save Wall Street, it’s sitting on its hands as long-term mass unemployment hammers Main Street.

Elizabeth Palmberg 2-11-2011
[Editors' note: This post is taken from a letter Sojourners associate editor Elizabeth Palmberg sent to the folks who create National Public Radio's Planet Money podca
Jim Wallis 4-29-2010
We are all familiar with the famous pop culture image of a street evangelist holding up a sign reading, "Repent, for the end is near!" But repentance is actually a fundamental religious theme, and
John Gehring 4-27-2010
As financial reform legislation stalls in the Senate for the moment and embattled Goldman Sachs CEO Lloyd Blankfein testifies today before a congressional subcommittee, faith-based organizations an
Chris Butler 4-27-2010
As an urban minister and a political professional, there have been two big news stories that I have followed with some level interest recently.
John Gehring 3-24-2010

While it's generally not worth spilling any ink over Glenn Beck, his recent attacks on churches that preach "social justice" has rightly earned the condemnation of diverse faith leaders

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