The Good, The Bad & The Ugly – Week of April 15, 2013

Good

  • Not a sure thing but the recently released budget proposes to increase funding for the SEC by 27% to $1.674 Billion and the CFTC by 50% to $315 Million. Joe Mont at Compliance Week April 11, 2013
  • Analysts have begun to predict that large bank shareholders may join the majority of Americans along with a long list of political and academic figures in calling for the breakup of the big banks. Not a moment too soon. Washington Blog at The Big Picture, April 18, 2013

Bad

  • A partial repeal of the STOCK act will allow top congressional staffers and administration employees to not disclose their investment information online. Telling that this was rushed through in nearly record time, while the Volcker Rule remains unfinished.  Steven T. Denis at Roll Call News April 15, 2013

Ugly

  • Noam Scheiber’s “where are they now?” article clearly showing that the revolving door is spinning better than ever for Obama’s veterans. Noam Scheiber at The New Republic, April 15, 2013
  • Yves Smith has the ugly details on the latest outrages coming out of the Independent Foreclosure Review process. Yves Smith at Naked Capitalism, April 18, 2013

About occupythesec