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Tag Archive: United States Department of the Treasury

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November 7, 2011 3:47 pm

by AlexInCT

WaPo points out that data gathered shows that Wall Street firms — independent companies and the securities-trading arms of banks — have earned more in the first 2 1/2 years of the Obama administration than they did during the eight years of the George W. Bush administration. Why is this happening?

Behind this turnaround, in significant measure, are government policies that helped the financial sector avert collapse and then gave financial firms huge benefits

… Read more

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Tags: Banking in the United States, Bush administration, Dodd-Frank Bill, Economics, Obama administration, Subprime mortgage crisis, United States Department of the Treasury

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