TITLE

The Big Bang Theory: How government helps financial giants get richer

AUTHOR(S)
Baker, Dean
PUB. DATE
January 2010
SOURCE
Boston Review;Jan/Feb2010, Vol. 35 Issue 1, p19
SOURCE TYPE
Academic Journal
DOC. TYPE
Essay
ABSTRACT
This essay presents the financial industry in Wall Street, New York City. It notes that big players in the industry are battling cutthroat competition and oppressive government bureaucracy. It mentions the need for a regulatory reform in the area of federal deposit insurance under the supervision of the Federal Deposit Insurance Corp. (FDIC) that advances the public interest.
ACCESSION #
47725084

 

Related Articles

  • Toward a Cultural History of Wall Street. Fraser, Steve // Raritan;Winter2003, Vol. 22 Issue 3, p1 

    Discusses the cultural history of Wall Street, which is known for its financial activities, in New York City. Reputation of Wall Street in the U.S.; Characteristics of the place; Description of life in Wall Street.

  • Wall Street-Main Street Divide's a Gaping Issue. Ludwig, Eugene A. // American Banker;11/20/2009, Vol. 174 Issue F315, p9 

    The author suggests that a disconnect between Wall Street and the U.S. banking industry has diminished the reputation of banking. Topics include reaction to banker bonuses, how failing financial organizations have depleted the Federal Deposit Insurance Corp.'s funds, and how banks and bankers...

  • After creating problem, Wall Street wins.  // Inside Tucson Business;12/29/2008, Vol. 18 Issue 30, p20 

    The author reflects on the economic and financial struggle of the financial services industries in Wall Street, New York City in 2008. It is evident that financial institutions are remarkably hit by the tremendous impact of the economic recessions and financial crisis. The situation results into...

  • FYI. FUNG, AMANDA // Crain's New York Business;1/7/2013, Vol. 29 Issue 1, p2 

    This section offers New York news briefs including the rarity of dying from unnatural causes, the findings of the state's Health Department about safe natural gas drilling, and Al-Jazeera's acquisition of Current Television (TV) for 500 million U.S. dollars.

  • Publisher's Letter. Whiting, Tim // On Wall Street;Sep2011, Vol. 21 Issue 9, p3 

    The author offers details of the annual Broker-Dealer Guide, a resource designed to provide insights about the choices available to an advisor who may be considering changing firms and going independent. According to an annual reader survey conducted by "On Wall Street" through Lodestar Research...

  • The "American Fall".  // Defence Journal;2011, Vol. 15 Issue 3, p86 

    The article focuses on the issues concerning the Occupy Wall Street (OWS) protest movement which began in New York City. It is inferred that the protestors include nurses, teachers and transit workers. The goal of the movement is outlined which aimed to address economic inequality and the power...

  • Women and Finance. Mason, Annah // Equities;May2008, Vol. 57 Issue 4, p72 

    The article focuses on women as investors. Women are reportedly becoming more active in the financial industry, however, many still feel uneducated when it comes to investing their money. It is stated that some trends are closing the gap between men and women in finance but such are deemed to be...

  • Flash Points .  // American Banker;5/30/2003, Vol. 168 Issue 103, p3 

    Presents news items related to developments in the U.S. financial services industry as of May 30, 2003. Approval of an administrative rule by the U.S. Securities and Exchange Commission to improve internal controls to detect financial fraud; Possibility of out-of-court settlements in Enron...

  • Is Wall Street Delirious with Subprime Fever? Muolo, Paul // Mortgage Servicing News;Oct2006, Vol. 10 Issue 9, p5 

    The author reflects on the high performance of mortgages at Wall Street in New York City. He observes that mortgage business in Watt Street features high intensity such that aside from the business of lending money to subprime lenders, it initiates to engage in home mortgages. Moreover, he...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics