Topic “Wells Fargo”

Senate Financial Reform Bill DOESN'T End Too Big To Fail, Major Credit Rating Agency Says

By Shahien Nasiripour
Huffington Post

So much for ending Too Big To Fail.

The financial reform bill championed by the Obama administration and Senate Democrats as permanently ending the idea that large, interconnected financial institutions are too big to fail does no such thing, analysts at Moody's Investors Service cautioned today in a new report.

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CREW Releases Analysis of Credit Card Execs' 2008 Electoral Cycle Political Giving

May 4, 2009

Washington, D.C. - In light of President Obama’s meeting with credit card executives last month – and the administration’s restrictive new rule on registered lobbyists seeking stimulus funds – Citizens for Responsibility and Ethics in Washington (CREW) analyzed those industry executives’ 2008 election cycle donations to illustrate the influence they wield in government.