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The (POGO) Blog

February 19, 2013

By Andre Francisco

Justice Dept. to Use the G Word with Big Banks?



Financial Oversight Until now, the prosecution model for big banks involved in the financial crisis and subsequent scandals has been to settle for large sums with no admission of guilt, but now that strategy may be changing.

Continue Reading Justice Dept. to Use the G Word with Big Banks?

Topics: Financial Sector

February 11, 2013

By Andre Francisco

CNBC Looks at POGO's New SEC Report



CNBC Video on SEC Report CNBC reported today on our new report detailing the effects of the revolving door on regulation at the Securities and Exchange Commission.

Continue Reading CNBC Looks at POGO's New SEC Report

Topics: Financial Sector

February 11, 2013

By Andre Francisco

SEC’s Revolving Door Blurs Line Between Regulator and Industry



SEC Seal A POGO study of thousands of government records found that former staff of the Securities and Exchange Commission routinely went to work for major financial firms.

Continue Reading SEC’s Revolving Door Blurs Line Between Regulator and Industry

Topics: Financial Sector

February 7, 2013

By Andre Francisco

Rating Agency Reforms Still Slow After Financial Crisis



Justice Dept. A Justice Department lawsuit against a major rating agency does not address the fundamental problems with the industry, according to critics.

Continue Reading Rating Agency Reforms Still Slow After Financial Crisis

Topics: Financial Sector

January 30, 2013

By Andre Francisco

Watchdog Criticizes Treasury for Ally Financial’s Slow Repayment Plan



SIGTARP Most of the largest companies who received billions in federal bailouts have repaid the government, but Ally Financial, a major auto lender, still owes the government $11.4 billion.

Continue Reading Watchdog Criticizes Treasury for Ally Financial’s Slow Repayment Plan

Topics: Financial Sector

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Podcast: Exploring Transparency for Oil and Gas Extraction

Mia Steinle talks about POGO's involvement in the Extractive Industries Transparency Initiative (EITI) and the hurdles to increased transparency for oil, gas and hard rock minerals here in the U.S.