On the Web
New York Magazine: The Stench of the Potomac
PBS: The Untouchables
The Guardian: The Untouchables: How the Obama administration protected Wall Street from prosecutions
Inc: The Payoff named one of the ‘Top 5 Business Books of 2012′
The New York Times: How to Read Like a Political Reporter
The New Yorker: Washington Man
National Review: When It Comes to Wall Street, Obama Administration Still Won’t Bite Hand That Feeds It
Current: Will it take another financial meltdown to clean up Wall Street?
Bloomberg: Connaughton: So Much Time Is Spent on Reelection
NPR: Time Is Running Out To File Suits Over 2008 Crisis
New Economic Perspectives: The Payoff: Why Wall Street Always Win
The Daily Beast: How the Government Failed to Fix Wall Street
Bloomberg Businessweek: A Washington Whistle-Blower Tells All
Wall Street Journal: ‘The Payoff’: Wall Street Wins, Again
Forbes: Jeff Connaughton’s “The Payoff: Why Wall Street Always Wins” A Book Review
Rolling Stone: A Rare Look at Why The Government Won’t Fight Wall Street
Listen to Jeff’s interview with Jim Banks on KGNU Radio
The New Republic: The Man Who Took on the Wall Street Blob
Reuters: Weak U.S. legal oversight puts burden on compliance pros to protect their firms
McClatchy: Why the middle class is in trouble: Washington and Wall Street
The Huffington Post: One Man Against The Wall Street Lobby
Corporate Crime Reporter: Payoff in the Pit of Plutocracy
The New York Times: Why Does Wall Street Always Win
The Illuminati: Former Biden Staffer’s New Book Suggests The Justice Department Was Hardly Thinking About Going After Wall Street
Business Insider: Here’s How Wall Street Finds Out Exactly What’s Going On In Congress All The Time
Politico: Morning Money First
The Recovering Politician: EXCLUSIVE BOOK EXCERPT: Jeff Connaughton’s “The Payoff: Why Wall Street Always Wins”
Jeff on The Huffington Post
Where Are the Cops on Wall Street?
This post is adapted from a speech delivered Nov. 2, 2010, to more than 300 financial regulators and Wall Street executives during a panel discussion entitled “Financial Crisis and Financial Crimes” at the Federal Reserve Bank of New York.
Read post…
Obama and the Rule of Law
Long silent and now contradictory, President Obama needs to deliver a clarifying speech about our financial markets and the rule of law. Speaking in Kansas on December 6, he said, “Too often, we’ve seen Wall Street firms violating major anti-fraud laws because the penalties are too weak and there’s no price for being a repeat offender.”
Read post…
The Glacial Response of the S.E.C. to the Rise of High-Speed Trading and Market Volatility
It’s bad enough that the Justice Department never indicted a single Wall Street executive for the fraud associated with the financial crisis, leaving it to the S.E.C. to wrist-slap a few financiers. Now, after a year in which the Dow Jones Industrial Average gyrated drunkenly, it’s obvious where lax enforcement is taking us.
Read post…
Videos
Connaughton: So Much Time Is Spent on Reelection
The Rise of the Investor Super PAC: Jeff C. on WSJ Live
Why Wall Street Always Wins: Jeff C. on WSJ Live
The Daily Show: Ted Kaufman says America’s founders designed the Senate to be the place where everything stopped.