Wallace Turbeville, Author at The American Prospect

Brinksmanship and the Return of Financial Crisis

The spending bill includes a provision that would repeal a key section of Dodd-Frank and allow more risky financial trades.

After a tumultuous 16 months, a judge on Friday cleared Detroit to exit bankruptcy.

Large banks’ big win on derivatives reform means nothing but bad news for the public.

Top bankers get exclusive time with the president as profits soar again.

A professor reviewed in the Citadel-sponsored Columbia Business School study responds.

Columbia University economist Charles M. Jones published a paper underwritten by Citadel, one of the largest HFT firms.

JP Morgan’s regulatory dodge

Tracking down the statistic at the center of Wall Street’s HFT debate.

Why eliminating most of the financial innovations of the last 35 years may be the best job creator ever considered.

The financial services industry takes as much as $635 billion from the real economy annually.