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...Bill Bartley, the General Manager of Mr. Bartley’s Burger Cottage, said he was very pleased with “The Social Network” crew that used his store as a set last month...

Author: By JOANNE S. WONG, CONTRIBUTING WRITER | Title: Lights, Camera.. Filming! | 11/9/2009 | See Source »

What reform could dramatically remake America and become law by Christmas? Not health care. While a health care bill crawls through the Senate, bills of equal significance are speeding through the Banking and Finance committees of both chambers of Congress and will share the spotlight this week on Capitol Hill. And because of the odd politics of finance, and an aggressive behind-the-scenes push by the Obama Administration, real financial reforms have a better chance of becoming law by the end of the year than an overhaul of health care...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

...Administration unveiled its plan in mid-June. Barney Frank, chairman of the House Financial Services Committee, will bring his recently unveiled version to markup in committee as early as this week. Frank and the Administration, represented by Treasury Secretary Timothy Geithner, spent weeks in negotiation, and Frank's bill closely tracks the Administration proposal...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

...Dodd, who faces a tough re-election battle in Connecticut in 2010, told his staff that the proposal put forward by the Administration didn't take into account the possibilities opened up by the enormous financial crisis of the past year. For political or policy reasons - or both - his bill is more aggressive on federal-oversight authority on a number of potentially controversial issues. "We should push for the biggest changes we can get," says Dodd spokeswoman Kirstin Brost. (See a scorecard of President Obama's performance after a year...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

...Office of the Comptroller of the Currency (OCC), the Federal Reserve and the Office of Thrift Supervision (OTS). He would give their power to supervise and regulate banks to a new, single bank regulator with power to set capital requirements and ensure stability. By contrast, the Frank-Geithner-negotiated bill in the House would do away with only the OTS, leaving the FDIC in charge of state-chartered-bank supervision, the OCC in charge of nationally chartered banks and the Fed in charge of complex financial institutions...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

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