PERI co-director Gerald Epstein discusses how Fed vice chair Stanley Fischer has ignored real solutions to improve the economy, like increasing wages
Bill Black says that a just settlement would include criminal prosecution of senior Citigroup officials who led the fraud and covered it up
Former financial regulator Bill Black says 863-page Volcker rule will allow banks to continue their risky financial derivative bets by claiming speculation is mere hedging.
Summers likely to be next Fed chair not despite failures but because of them
Bill Black: Glass-Steagall prevented a classic conflict of interest that any side of the aisle can blatantly see
Three former financial regulators testify to the House Financial Services Committee in support of reinstating Glass-Steagall legislation and addressing Too Big to Fail Banks.
Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway