THIS WEEK IN WALL STREET REFORM TABLE OF CONTENTS Occupy Wall Street .................................................................................................................................................. 4 Occupy Oakland: Thousands of protesters rally at port ............................................................................. 4 Occupy Wall Street clash in Oakland: How should police handle protests? .............................................. 4 Demonstrators Test Mayor, a Backer of Wall St. and Free Speech........................................................... 4 In o n OW n o - N o n o ......................................................................... 4 Attacks on Regulations and Pushback ................................................................................................................. 4 OMB Watch - House Judiciary Committee Attempts to Make It More Difficult to Protect the Public ......... 4 AFR Letter: AFR Opposes Regulatory Accountability Act .......................................................................... 5 Knapp - Regulatory reform good for multinationals, yet bad for you .......................................................... 5 Wall Street reform law bogged down .......................................................................................................... 5 CFPB and Consumer Issues................................................................................................................................... 5 CFPB‟ 100 n microscope at hearing .................................................................................. 5 Consumer agency will fight to defend service members' pocketbooks ...................................................... 6 Empowering and Protecting Servicemembers, Veterans and their Families in the Consumer Financial Marketplace ................................................................................................................................................ 6 CFPB - When Partisan Obstruction Goes Too Far..................................................................................... 6 White House: Military families at risk by leaderless Consumer Financial Protection Bureau .................... 6 A vicious cycle in the used-car business .................................................................................................... 7 Senate Democrats urge banks to simplify fee disclosures ......................................................................... 7 Attention Cell Phone Users: US Chamber of Commerce, Debt Collectors Push Bill to Allow Cell Phone Robo Calls .................................................................................................................................................. 7 White House - Holly Petraeus Gets It ......................................................................................................... 7 Rep. Frank: President Should Use Recess Appointment For CFPB Chief ................................................ 7 White House, Pushing Richard Cordray's Nomination To CFPB, Cites Occupy Wall Street ..................... 8 US PIRG - Treasury steps up effort to strengthen CFPB by confirming Cordray– oppo “p n o on m” m m l m l n n n l m k pl ......................................................... 8 Shadow Markets and Systemic Risk ..................................................................................................................... 9 Right loses fight for deeper cuts ................................................................................................................. 9 Friedman - Did You Hear the One About the Bankers? ............................................................................. 9 Volcker Rule ................................................................................................................................................ 10 Volcker Rule Costs Banks $1 Billion, U.S. Government Says ................................................................. 10 MF Global..................................................................................................................................................... 10 MF Global provides first test for Dodd-Frank ............................................................................................ 10 Many Alarms Rang Before MF Global Crashed ....................................................................................... 11 MF Global Masked Debt Risks ................................................................................................................. 11 Nocera - Corzine Crashes L k I ‟ 2008 .................................................................................................. 11 1 GOP senator says many banks still too big .............................................................................................. 11 SEC expects to file further CDO charges ................................................................................................. 11 Commodity Speculation and Position Limits .......................................................................................... 12 Investigations Subcommittee Holds Hearing on Excessive Speculation and the New Positions Limit Rule .................................................................................................................................................................. 12 CFA - Oil Speculation on Wall Street Devastates Household Budgets on Main Street ........................... 12 International ................................................................................................................................................ 12 Greek PM scraps referendum plan ........................................................................................................... 12 Bair - The Eurozone crisis will not go away until banks face reality ......................................................... 12 Khimm - Could Dodd-Frank protect us from a Eurozone meltdown? ....................................................... 12 Foreclosures and Housing ................................................................................................................................... 13 Foreclosure victims get new help from feds ............................................................................................. 13 Flaws Jeopardize New Attempt to Help Homeowners ............................................................................. 13 AG settlement targets 5 largest mortgage servicers ................................................................................ 13 The Money Pit: Complying with Federal Foreclosure Order .................................................................... 14 New Bottom Line - Proposed AG Settlement Helps Big Banks, Hurts Homeowners ............................... 14 D M o: R p l n B ll on F nn F „T o l App o ‟ ................................................... 14 Lux - The Worst Deal They Could Cut ...................................................................................................... 14 Homeownership Near 13-Year Low as Mortgage Rules Crimp Sales ..................................................... 14 TARP Tells Treasury to Put Pressure on Lenders to Modify Mortgages.................................................. 15 Regulator rebuts critics on housing help .................................................................................................. 15 Nocera - What the Costumes Reveal ....................................................................................................... 15 Executive Compensation ...................................................................................................................................... 15 Krugman - Oligarchy, American Style ...................................................................................................... 15 A Very Rich Adieu for Nabors CEO .......................................................................................................... 16 Fannie, Freddie dole out big bonuses ...................................................................................................... 16 Student Lending .................................................................................................................................................... 16 TICAS - Average Student Debt Tops $25,000 for Class of 2010 in Tough Job Market ........................... 16 Obama To The Rescue On Federal Student Loans, But What About Private Loans? ............................ 16 FTT .......................................................................................................................................................................... 17 Lawmakers to Propose Transaction Tax for Financial Firms Modeled on Europe ................................... 17 Click here to view the press statement from Rep. DeFazio and Sen. Harkin. ......................................... 17 AFR Letter: Support DeFazio and Harkin Financial Transaction Tax Legislation .................................... 17 Nurses join Occupy movement with DC demonstration ........................................................................... 17 Unions, 'Occupy' Call for Financial Transaction Tax ................................................................................ 17 P o ll on G20 l o o on o l ‟s needy, not bankers and financial markets ............... 18 Protesters' rage might give rise to