Bio for Simon Johnson
Is the Fed Afraid to Regulate the Big Banks?
May 12, 2013 | 22 CommentsThe skirmishing is almost over, the main armies almost assembled. Ahead is a great battle over the future of our financial system that could have more profound consequences than the Dodd-Frank legislation of 2010.
Brown-Vitter Rearranges Financial-Reform Battlefield
April 28, 2013 | 5 CommentsA year ago, the big U.S. banks were focused on repealing, or at least eliminating large parts of, the Dodd-Frank financial-reform law.
Goldman’s Big Guns Fire Dud in Defense of Megabanks
April 14, 2013 | 45 CommentsThe six very large U.S. bank holding companies -- JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley -- share a pressing intellectual problem: They need to explain why they should be allowed to continue with their dangerous business model.
Money-Laundering Banks Still Get a Pass From U.S.
March 31, 2013 | No commentsMoney laundering by large international banks has reached epidemic proportions, and U.S. authorities are supposedly looking into Citigroup Inc. and JPMorgan Chase & Co.
America’s Latest Phony Fiscal Crisis
March 17, 2013 | No commentsIn most countries that experience a fiscal crisis, there is no ambiguity about the situation.