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    Back to To the Point

    To the Point

    Whatever Happened to Finance Reform?

    It's more than a year since the collapse of Lehman Brothers . Among the casualties of the Great Recession are millions of home-owning, credit-card holding consumers exploited by banks regarded as "too big to fail."

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    By Warren Olney • May 12, 2014 • 1 min read

    It's more than a year since the collapse of Lehman Brothers. Among the casualties of the Great Recession are millions of home-owning, credit-card holding consumers exploited by banks regarded as "too big to fail." The use of taxpayer money to protect those same banks from their own bad investments was justified with the promise of tough new regulations. The Congress passed sweeping reform, but now it's bogged down in the Senate. An independent agency to protect consumers may be dead on arrival. Banking interests call it a threat to their business. Reformers say a crisis is being wasted. We hear both sides.

    The full episode

    2 of 3
    Whatever Happened to Finance Reform?
    1. 0:00Students Join National Protest against Education Budget Cuts
    2. 7:20Whatever Happened to Finance Reform?You’re reading this
    3. 43:48Senate Group Wants Repeal of 'Don't Ask, Don't Tell'
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Darrell Satzman

      Producer

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Binyamin Appelbaum

      New York Times

    • KCRW placeholder

      Felix Salmon

      chief financial correspondent for Axios

    • KCRW placeholder

      Scott Talbott

      Financial Services Roundtable

      NewsNationalPolitics

    The full episode

    2 of 3
    Whatever Happened to Finance Reform?
    1. 0:00Students Join National Protest against Education Budget Cuts
    2. 7:20Whatever Happened to Finance Reform?You’re reading this
    3. 43:48Senate Group Wants Repeal of 'Don't Ask, Don't Tell'
    Back to To the Point