Steve Chapman: "Our leaders in Washington didn't know how to prevent the current financial crisis, don't how to solve it, and don't know how to keep it from ever happening again. They haven't figured out how to eliminate the drag of toxic debt, stem the flood of foreclosures or revive lending. But they do know one thing: how much money bankers should make." More: Larry Ribstein, John Carney (announced measures have more sound than bite), Geoffrey Manne, Truth on the Market (notes plans to extend pay regulation to unbailed-out businesses). Contrary views: Yves Smith, Felix Salmon.
"Obama dictates bankers' pay"
Related Entries:
- "It's Time To Finalize The Robo-Signing Settlement"
- Around the web, October 14
- "Justice's New War Against Lenders"
- Around the web, August 19
- Around the web, August 15
- Taylor on Title VI disparate impact claims
- DOJ "witch hunt" against banks?
- Objection in Trombley v. National City Bank
- Damned if you do, damned if you don't files - Obama DOJ and "redlining"
- Around the web, October 28
- "The victims of 'consumer protection'"
- The hidden taxes of the 111th Congress's regulatory spree
- Suing banks over ATM crime
- Democratic Congress hurting consumers dept.
- "CEO Not Charged With Fraud But SEC Pursues Clawback Anyway"
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |



