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Bank

Goldman Sachs's Charity Rule: Bank May Force Execs To Donate Part Of Bonus

nytimes.com | LOUISE STORY | Posted 05.25.2011 | Business

As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to...

"Identity Crisis"

Jerry Zezima | Posted 11.17.2011 | Healthy Living
Jerry Zezima

At the risk of being sued by Popeye, I am what I am. Unfortunately, what I am can't be printed in a family newspaper. I don't even know who I am anymore. That's because my identity was recently stolen.

Ryan Grim

Shock: American Bankers Association Comes Out Against Bank Reform

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

The American Bankers Association is glad that the House Financial Services Committee made a number of changes to a financial reform package that it re...

No Pulp Mill, Nordea -- more information

Avaaz.org | Avaaz.org | Posted 05.25.2011 | Home

In the last two days an incredible 5,000 Avaaz members from across Scandenavia have contacted Nordea Bank urging them not to fund a destructive pulp m...

Maxine Waters Blasts NFL

Graham Bensinger | Posted 05.25.2011 | Sports
Graham Bensinger

Congresswoman Maxine Waters recently joined me on my radio show. The interview was primarily focused on the NFL Congressional Hearing and her questioning Commissioner Roger Goodell. See what she said.

Simon Johnson on Bank State Capture

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

As a sector, what is the optimal size for finance? And how far should we shrink it down to achieve the kind of real growth that will reduce unemployment and drive incomes across the board?

Bailed-Out Banks Making Profits -- For Taxpayers

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.

Fed Fights Disclosing Emergency Loans, Says It Will Hurt Banks

bloomberg.com | Mark Pittman | Posted 05.25.2011 | Business

Aug. 27 (Bloomberg) -- The Federal Reserve argued yesterday that identifying the financial institutions that benefited from its emergency loans would ...

Weekly Audit: EFCA, Tax Cheats and the Racial Wealth Gap

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

The U.S. economy may finally be bottoming out. But while conditions may improve in a dry, statistical sense, the foundation for a productive economy has been decimated over the past three decades.

Cash-Strapped FDIC Turns To Private Equity Firms To Buy Struggling Banks

nytimes.com | ERIC DASH | Posted 05.25.2011 | Business

Faced with a growing wave of bank failures, the Federal Deposit Insurance Corporation is taking extraordinary steps to attract buyers for troubled ins...

Defunct Bank Loaned Millions To Former Director Convicted Of Felony Theft

The Denver Post | Miles Moffeit | Posted 05.25.2011 | Denver

In the years leading to its collapse, New Frontier Bank financed about $9.6 million in business loans for a former director who later was convicted of...

Fannie Mae, Freddie Mac Are Most Costly Bailouts

Jul. 22, 2009 | Chris Isidore, CNNMoney.Com Senior Writer | Posted 05.25.2011 | Business

NEW YORK (CNNMoney.com) -- The first big government bailout of the financial crisis -- the takeover of mortgage finance giants Fannie Mae and Freddie ...

Bank Profits Hide Looming Problems

Yahoo! | Stephen Bernard and Ieva M. Augstums, AP Business Writers | Posted 05.25.2011 | Business

NEW YORK (AP) -- The big banks are making big money again, but they won't be back to health as long as they have to deal with a recession and customer...

Goldman, JPMorgan Are Wall St.'s New Giants

nytimes.com | GRAHAM BOWLEY | Posted 05.25.2011 | Business

A new order is emerging on Wall Street after the worst crisis since the Great Depression -- one in which just a couple of victors are starting to towe...

Matt Taibbi On Goldman's Profits

True/Slant | Posted 05.25.2011 | Business

So what's wrong with Goldman posting $3.44 billion in second-quarter profits, what's wrong with the company so far earmarking $11.4 billion in compens...

Ironic Ads From Before The Bailout: AIG, Countrywide, RBS, Bank Of America

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...

Taibbi's Goldman Sachs Takedown In Rolling Stone: Bank Has 'Unprecedented Reach And Power'

zerohedge.blogspot.com | Posted 05.25.2011 | Business

With a subtitle like "From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - a...

"Jailhouse Talk"

Jerry Zezima | Posted 11.17.2011 | Healthy Living
Jerry Zezima

I knew it was only a matter of time before my journalistic crimes landed me in jail. I just didn't think I would end up on Rikers Island.

Sex, Spitzer, Derivatives: Using Our Outrage

Ari Melber | Posted 05.25.2011 | Politics
Ari Melber

In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.

To Gift Card or Not

Roseanne Colletti | Posted 11.17.2011 | Healthy Living
Roseanne Colletti

To Gift Card or Not A gift card is a beautiful thing. One size fits all, unlike a swimsuit that is guaranteed not to fit anywhere you want it to...