Charles Gasparino

Some not-so-big news: the Justice Department is now investigating the JP Morgan trading loss fiasco.

Of course, all those Eliot Ness types who came up with a 100
reasons why no one should be charged criminally for misleading
investors about the 2008 financial collapse...

Wall Street bankers said Mark Zuckerberg wasn't going to show up in New York on Monday, the first leg of the "road show," or publicity campaign to make sure the company he founded in his dorm room, Facebook, is worth close to the estimated $100 billion he and his bankers...

Co-written with Sital Patel

The latest urban legend to spread on trading desks and through the executive suites on Wall Street goes something like this: coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public...

Just a few months ago Jon Corzine was on the short list to be President Obama's Treasury Secretary, but now he's ignoring a request to testify before a House subcommittee investigating the demise MF Global and setting up a showdown that could have major political implications for the president as...

Mayor Bloomberg has finally disbanded the Occupy Wall Street Movement from its headquarters in lower Manhattan, calling the 3-month-old protest a "health and fire safety hazard."

The bigger story: What took him so long?

Bloomberg's bizarre dance with the Occupy Wall Street protesters over the past months will certainly rank...

Under normal circumstance the travails of a mid-sized brokerage firm like MF Global shouldn't be receiving this much attention, particularly when reporters have so many drugged-up hippie Wall Street protesters to interview down at Zuccotti Park.

But MF Global -- which is unlikely to survive through the weekend, at least...

I'm not saying this only as a supporter -- quite the opposite in fact. I'm probably one of the few reporters who is repulsed not just by the filth and the litter that now encompasses the protest movement's headquarters, Zuccotti Park in downtown Manhattan, but also how Marxist elements have...

The Wall Street protesters and their barely discernible message that seems to want to hold bankers accountable for the 2008 financial collapse is attracting lots of press attention, but inside the big firms, senior executives have barely noticed.

The reason: They have a lot bigger problems to worry about.

Executives...

The left wing media loves a good scandal, particularly one that somehow points out how allegedly greedy capitalists rip off taxpayers. If these capitalists are in any way connected to the Republican Party, like defense contractor Halliburton, it's feeding-frenzy time.

But if the scandal involves one of the liberal media's...

On the three-year anniversary of the financial crisis, Wall Street is in the dumps. Not the same dumps as the big banks and Wall Street firms found themselves in back in 2008, but the mood on Wall Street is pretty dark.

It's not easy to refrain from vomiting when millionaires...

If the saga of Bank of America, the country's largest and most troubled bank, were to be made into a movie, its title would have to be "The Dumbest Men in the Room," with a starring cast that features its half-witted chief executive officer Brian Moynihan and his equally half-witted...

One of the great mysteries coming out of the 2008 financial collapse centered on how the rating agencies, for all their culpability in aiding and abetting the mindless risk-taking on the part of the big banks, escaped legal responsibility.

After all, these were the companies that slapped all those faulty...

Meredith Whitney says she "can't believe I'm the only person talking about" the big budget problems facing states and cities these days and that investors in municipal bonds should be cautious. The reality, of course, is that she isn't and hasn't been ever since the financial crisis, the...

What passes for top-notch financial journalism these days is an in depth report in the New York Times about why Goldman Sachs, the most successful of all Wall Street firms, is so modest. Amid billions of dollars in profits, a rising share price, the big Wall Street firm...

Duncan Niederauer, the CEO of the New York Stock Exchange, doesn't like the people at the Nasdaq and Intercontinental Exchange much these days. He calls them "interlopers," who are trying to mess up a good thing for NYSE shareholders and its employees with a rival bid designed to...

There was once a time when the biggest defenders of Meredith Whitney's over the top, doomsday prediction that 2011 would be the year that municipal bonds defaulted in cataclysmic proportions were to be found at a certain business television network headquartered in New Jersey looking to have her...

Meredith Whitney's doomsday prediction back in December that there would be 50 to 100 sizable municipal bond defaults totaling hundreds of billions of dollars over the next year sparked a panic that hurt average investors who hold munis for their retirement, and municipalities trying to raise much needed...

Banking analyst Meredith Whitney has ignited a firestorm of criticism from municipal bond analysts and business commentators (including myself on these pages) over her prediction that the 2011 municipal-bond market would implode at 2008 financial crisis levels. Her statement, made on 60 Minutes and later on CNBC, that...

Here's something you should know about Morgan Stanley's chief executive officer James Gorman: Never call him "Jim."

I've been covering Wall Street now for two decades and never before have I been corrected by a CEOs' handlers about a first name as much as I have when it comes to...

Meredith Whitney should finally come clean.

The banking analyst who made a name for herself properly warning investors about the dire condition of the big banks a full year before the 2008 financial collapse has been making waves of late issuing similar warnings about states and cities that issue municipal...