by Max Frumes | Jun 3, 2010 | Topics
Journalism grad student Daniel Sirdofsky had planned for a productive Friday in the nation’s capital, a frantic day of finishing off final projects and knocking off a few additional reporting requirements for Medill News Service. Little did he realize his world was...
by Max Frumes | May 20, 2010 | Business & Tech
WASHINGTON — The Securities and Exchange Commission, besieged on all sides by critics and infuriated constituents, is undergoing its biggest overhaul in 30 years, one that is to crescendo with the imminent passage of the financial regulatory reform bill this...
by Max Frumes | May 18, 2010 | Business & Tech
WASHINGTON — The Republicans on the House Committee on Oversight and Government Reform took aim at the country’s lead financial regulator in a biting report Tuesday. The report, entitled “The SEC: Designed for Failure,” starts with 10 accusatory bullet points...
by Max Frumes | May 12, 2010 | Business & Tech
Max Frumes/MEDILL CFTC Chairman Gary Gensler, left, SEC Chair Mary Schapiro WASHINGTON — Top regulators and officials of the options and securities exchanges further illuminated their plan to Congress Tuesday to prevent another mysterious bungee jump by the...
by Max Frumes | May 6, 2010 | Business & Tech
WASHINGTON — Bubbles, tsunamis, implosions oh my: The financial world struggles to explain complex concepts to regulators, at times turning to metaphors that would make an English teacher cringe. Former Treasury Secretary Hank Paulson, who led the regulators...
