Jan
16
Women Speak Truth to Power on Money and Financial Reform
January 16, 2010 | Leave a Comment
Posted by: Kathleen Daniel
Speaking of feminine power and women’s leadership in all the very diverse roles and forms it takes, this very interesting piece is part of the Roosevelt Institute’s even more interesting ‘Feminomics’ series exploring women’s changing roles in the economy. The author celebrates five courageous women who have spoken truth to power and helped to illuminate as well as dig us out of the worst financial mess since the Great Depression. “In case you haven’t heard, women are leading the charge on financial reform,” he begins. He names:
* Yves Smith’s ‘must-read blog, Naked Capitalism” for its good overview of the financial crisis.
* Elizabeth Warren, Professor of Law at Harvard law professor, author of The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke, for being a strong and energetic public advocate as head the Congressional Oversight Panel for monies being handed over to banks.
* Gretchen Morgenson, New York Times business writer, for some of the best coverage of the financial crisis in the mainstream media, including how AIG met its demise.
* Sheila Blair, head of the FDIC, for taking on Paulson, Bernanke, Geithner, and Summers, for stating repeatedly the banking crisis is not over, trying to slow foreclosures, and insisting that Citi needs to be placed into receivership.
* Meredith Whitney, head of the Meredith Whitney Advisory Group, for being “the Anti-Geithner”, appearing on CNBC to say that the Citi banks’ profits were “manufactured” by the government.
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