Congress, Wall Street will cause the next financial crisis

Wall Street Lies, Main Street Dies, Washington Yawns century 21 06.06.2010 Wall Street was reeling in the aftermath of that fateful day in September of 2001 and all of America joined together and lent support of every kind, to help with the financial and psychological recovery.

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Maybe Congress is getting just a wee bit of a non-partisan message. House Speaker Pelosi is calling for an investigative commission on Wall Street irregularities (I thought it was business as usual!), due to Populist outrage (Congress hears the people?): Pelosi, speaking to the Commonwealth Club of California, said she wants the panel to be modeled after the Pecora Commission,

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13 days ago · There are warnings America could run out of money if Congress doesn’t act by the end of next week, raising recession fears.. towards a crisis that could upend financial. Wall Street equity.

Congress Is Paving the Way for the Next Financial Crisis. In fact, the current ROE is growing at an average rate of 28% – a rate of growth that may be unsustainable in the long term and dangerous for the economy. With banks choosing their profits over the health of the financial system, it’s clear Wall Street and Congress are paving the way for the next financial crisis.

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House Republicans Are Trying to Pass the Most Dangerous Wall Street Deregulation Bill Ever The GOP is trying to undo the law Obama passed to prevent another 2008 financial crisis.

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New normal means a lot more pain to come: Fed economist Congress, Wall Street will cause the next financial crisis Junk bonds: The next financial crisis? – billionaire jeffrey gundlach believes the next crisis will be in junk bonds. wind," Gundlach said over the weekend during an appearance on Wall Street Week, a long-running weekly financial.

Even top Wall Street firms are split on the call: Morgan Stanley analysts expect an interest-rate cut of 0.5 percentage point at the next Fed meeting, scheduled for Jan. 30-31, while Bank of.

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At least two major reports were produced by Congress: the Financial Crisis Inquiry Commission report, released January 2011, and a report by the United States Senate Homeland Security Permanent Subcommittee on investigations entitled wall street and the Financial Crisis: Anatomy of a Financial Collapse (released April 2011).