NY Times – Warren to Unofficially Lead Consumer Agency

WASHINGTON — Elizabeth Warren, who conceived of the Consumer Financial Protection Bureau, will oversee its establishment as an assistant to President Obama, an official briefed on the decision said Wednesday evening. The decision, which Mr. Obama is to announce this week, would allow Ms. Warren, a Harvard law professor, to effectively run the new agency … Read more

Support Elizabeth Warren – The Main Street Brigade Presents: A Sheriff Warren Wrap (Video)

Elizabeth Warren, chair of the Congressional Oversight Panel and professor of law at Harvard University, is getting some eye-catching support in a progressive push for the bailout watchdog to lead a new consumer financial protection agency. In a new western-themed music video from Main Street Brigade, Warren is hailed as “the new sheriff.” The spot … Read more

Shocking – Goldman Sachs Documents List Financial Institutions with Whom Goldman Had Hedged The Risk of its Exposure to an AIG Default

“It’s as if the New York Fed used A.I.G. as a front man to bail out big banks all over the world,” Mr. Grassley said in a statement. “It took nearly two years for the public to learn these details, and they only were revealed because Congress wouldn’t take no for an answer. Taxpayers deserve … Read more

PBS Need to Know – Elizabeth Warren on The Next Foreclosure Crisis

The 2,300 pages of the Restoring American Financial Stability Act of 2010 comes as home foreclosures have hit a historic high but another potential real estate crisis looms. Many commercial real estate loans will mature soon, and community banks will feel the strain if property owners can’t pay — much in the way bigger financial institutions … Read more