Alexis Goldstein
@alexisgoldstein
Ex-Wall St cog (for more on that: http://bit.ly/25Q9f7K ) now doing policy work at @RealBankReform. Views my own. Also 1/2 of the @HumorlessQueers.
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7/ the banks are bigger than ever, they have no shame in asking for whatever they want, & DC still lets them literally write the law.
4:48 AM - 8 Apr 2016 · Details
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This post is everything. 30 Rock reference FTW. http://m.huffpost.com/us/entry/paul-krugman-is-wrong-about-the-financial-crisis_us_57080537e4b063f854dfa21a?e864jknyoh04l5wmi= …pic.twitter.com/HPicKIuB30
Zach Carter and Ben Walsh
6:02 PM - 8 Apr 2016 · Details28 retweets 43 likes -
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Also new followers, for extended look @ my thoughts on financial reform, see my recent essay on Brandeis https://bir.brandeis.edu/bitstream/handle/10192/31439/LDB100Goldstein.pdf?sequence=5 …
8 retweets 12 likes -
14/or to big counterparties of banks (ex: AIG) that the bailouts started.
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13/also, New Century, 2nd biggest subprime lender in Jan 07, managed to fail that year w/o a bailout. It was when crisis spread to banks...
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12/do liberals like Krugman think the Obama Admin engaged in an unfair shakedown of Wall Street banks? http://www.wsj.com/articles/big-banks-paid-110-billionin-mortgage-related-fines-where-did-the-money-go-1457557442 …
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11/ok I'm still obsessed. If the largest banks didn't cause the crisis, why did the Obama DOJ & the court system have them pay $110B?
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Hi new followers! I mostly tweet abt Wall St, podcast abt the same: https://www.tarbellnyc.com/discon/32 keep dystopia light at: https://itunes.apple.com/us/podcast/humorless-queers/id942841212?mt=2 …
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Alexis Goldstein Retweeted
Why the Banks Should Be Broken Up | Rolling Stone http://www.rollingstone.com/politics/news/why-the-banks-should-be-broken-up-20160408 …
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10/if anything, Lehman shows we need to break-up investment banks, too (tho few are left). Bankruptcy cannot handle them as they are now.
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9/also Lehman was the biggest bankruptcy in history and was a complete, total mess. Creditor shitshow. Resolution STILL ongoing.
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Alexis Goldstein followed Matt Stoller and Sloover
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Alexis Goldstein Retweeted Conetta
Always have fun w/
@zachdcarter &@dceiver. Joined them for#SoThatHappened re Panama Papers & New@USDOL rulehttps://twitter.com/bmoreconetta/status/718426466053132288 …Alexis Goldstein added,
Conetta @BmoreConettaOn the podcast this week: an explainer on The Panama Papers w/@alexisgoldstein@zachdcarter@dceiver https://soundcloud.com/so-that-happened-1/panama-papers …1 retweet 0 likes -
Alexis Goldstein Retweeted
@zachdcarter "A minor flesh wound!" -
& we could have those break-ups, if only Fed would obey the standard set by Dodd-Frank in Section 165. http://ourfinancialsecurity.org/2016/03/letter-to-regulators-afr-calls-on-regulators-to-take-opportunity-to-end-too-big-to-fail/ …
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& Yes, we have Dodd-Frank. I spend EVERY work day defending it. But big banks are even bigger than '08 & need breakups...
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Krugman 2009: Nationalize & restructure the banks! http://www.nytimes.com/2009/02/23/opinion/23krugman.html … Krugman 2016: Breaking up banks is DUMB!pic.twitter.com/8ISzlIA8Ky
5:25 AM - 8 Apr 2016 · Details334 retweets 296 likes -
8/ that is a problem & anyone who tells you otherwise is deluded. *rant over*
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6/ there are no more pure investment banks like there were pre-crisis, unless you count the likes of Jefferies & let's be real: nobody does.
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Alexis Goldstein
Matt Taibbi
emptywheel