Federal Reserve Archives - SC Small Business Chamber of Commerce

The Federsal Reserve bows to big banks today, China tomorrow

By Frank Knapp / Regulations / May 16, 2012

Yesterday’s JPMorgan shareholders meeting was “pretty tense”, according to Lisa Lindsley who attended the meeting in Tampa. Lindsley is the director of capital strategies at the American Federation of State, County and Municipal Employees pension plan. In a radio interview with me yesterday Lindsley said that it was obvious that the JPMorgan people clearly wanted …

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We need more financial regulations…not less

By Frank Knapp / Federal Government / November 29, 2011

The story below is must read for all, especially those who think financial reform (Dodd-Frank) went too far. To all those in Congress who want to repeal Dodd-Frank, here’s the story about the big banks you are defending and why Dodd-Frank didn’t go far enough. Bloomberg11-28-11 Secret Fed Loans Gave Banks $13 Billion By Bob …

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The 1% and 99%

By Frank Knapp / Politics, Regulations / October 25, 2011

I’m still in Seattle so just a quick note. I met a self-proclaimed member of the 1%. I told him I had no problem with the wealthy but just wanted corporate dominance in politics and financial matters to end so that small businesses could have a fair shake. He told me that if that is what …

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