Hillary Clinton Takes On Hedge Funds, High-Frequency Traders
Clinton's plan to rein in modern Wall Street: taxing high-frequency trading, closing a loophole in the "Volcker rule," regulating risk across banks and hedge funds. "I’m going to go after what I think are the real problems, not the problems of the past."
How One "Sack Of Shit" Mortgage-Backed Security Came To Define The Financial Crisis
The history of SACO 2006-8, as told through court documents dating back more than six years, provides a view into how the mortgage-backed security industry was built up and spectacularly collapsed. For JPMorgan, it has become the mortgage-backed security from hell.
Borrowing Advantage Of Big Banks Declines Along With Investor Belief In Government Bailout Support
A new study by the Government Accountability Office said that large banks were able to borrow money for less during the financial crisis because investors thought the government would support them, but that the funding advantage "may have declined or reversed."