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Banking Crisis

The Storm Before the Calm - Which Generation Will Hear the Wake-Up Call?

Michael Mamas | Posted 09.28.2016 | Business
Michael Mamas

It took a double whammy to wake America up (the Depression followed by World War II). As is said, those who do not understand history are destined to repeat it.

Karma-Duped: A Cautionary Tale About the Murky World of Venture Lending

Greg Selkoe | Posted 05.09.2016 | Business
Greg Selkoe

I've had a strange and interesting past 18 months. Karmaloop, the company I founded in my parents' basement and ran for 15 years, was pushed into ban...

Banking, Biases and Mindfulness

Ella Thuiner | Posted 02.23.2016 | Business
Ella Thuiner

Biases lead experts and clients to make decisions which cause financial losses. An interesting question worth exploring is if there are any biases incorporated in internal guidelines, as day-to-day banking does not account for biases.

Shadow Banking in China: A Morphing Target

Otaviano Canuto | Posted 11.18.2015 | World
Otaviano Canuto

China's shadow banking system thrived in the years after the global financial crisis, until reined in by regulators since 2013. Nevertheless, new forms of shadow banking are emerging.

Review: Why Can't Something Be Done About Our Broken Home Mortgage System?

The National Book Review | Posted 10.15.2015 | Books
The National Book Review

Here we are, back where we started pre-crisis: the government remaining the guarantor of the American housing market because Americans really can't fulfill their goals of home ownership and long-term secure mortgage financing any other way.

Credit Union 101: What's the Difference, and Why You Should Make the Switch!

Rachel Pross | Posted 09.04.2016 | Business
Rachel Pross

If you're wondering what the deal is or why you should make the switch from your big bank, you're already halfway to making a very smart decision.

Currency of Banking Isn't Dollars - It's Trust

Keith Mestrich | Posted 05.26.2016 | Impact
Keith Mestrich

When five of the world's biggest banks were busted this week for manipulating the cost of dollars and euros, they did more than violate antitrust laws. They violated the public trust.

Americans Gorge on Slogans: O'Kane Shows, More Than Tells

Ximena Ortiz | Posted 05.22.2016 | Books
Ximena Ortiz

The public demurs from facing reality and accepting measures that might fix the problems, based on a misplaced--and manipulated--appreciation of self-reliance and freedom, O'Kane explains and illustrates.

Maggie Walker's Bank

Mehrsa Baradaran | Posted 04.15.2015 | Black Voices
Mehrsa Baradaran

Maggie Walker had every imaginable obstacle in her way and she overcame each through tireless persistence. May she be recognized for her life dedicated to others and take her place among the heroes and leaders that have shaped this great nation.

Is PR Really Dead?

Margaret Heffernan | Posted 04.13.2015 | Business
Margaret Heffernan

Is PR dead? When I ran my first software business in the U.S., I was predictably eager to get the word out about the great technology we were doing. ...

Finally! A Bipartisan Bill Congress Can Be Proud Of

David Paul | Posted 02.15.2015 | Politics
David Paul

The sound of jingling coins that could be heard as members of Congress skipped off to National and Dulles airports was payment for a job well done.

The Shrews that Tame Wall Street?

Mehrsa Baradaran | Posted 01.24.2015 | Business
Mehrsa Baradaran

In interviews with whistleblowers, many say that they didn't talk sooner because of their loyalty to the institutions they were a part of. Perhaps women, never being fully embraced by the institution, don't develop a deep loyalty, or perhaps only sip the Kool-Aid.

24 European Banks Fail EBA Stress Test: Is a Major Banking Crisis Looming?

Sheldon Filger | Posted 12.26.2014 | Business
Sheldon Filger

Since the global economy imploded into systemic crisis in 2008, central banks and regulating authorities in major economies throughout North America and Europe have held periodic stress tests, apparently in an effort to reassure the public.

The ECB Assessment of Eurozone Banks' Health Will Not Dissipate Fundamental Questions

Georges Ugeux | Posted 12.26.2014 | Business
Georges Ugeux

After months of waiting, we just received the results of the assessment of the health of Eurozone banks by their new supervisory authority: the European Central Bank. They were predictable, but the exercise has limitations.

The Friend of My Banker Is My Friend. Are You Kidding Me?

Jerry Ashton | Posted 12.01.2014 | Media
Jerry Ashton

It would seem to be a logical conclusion then, that bankers and occupiers are blood enemies. And, depending on whose camp you are in, anyone who serves to support one over the other is either a turncoat or a paid mouthpiece.

The Rogues Taking on the Old Banking Elite

Brett King | Posted 11.29.2014 | Business
Brett King

This week in Boston, MA there is an annual gathering of the Financial Services Elite, some 7,000 in total attending what is arguable the world's largest financial services conference called SIBOS. This year Bill Gates is the closing Keynote speaker.

An Open Letter to Eric Holder and the Department of Justice

Carla Shutak | Posted 09.24.2014 | Politics
Carla Shutak

How do I, as a victimized consumer, apply for said relief? You see, many of us used-to-haves out here in the real world are still trying to claw and scrape our way out of the hole these financial institutions dug for us to live inside.

"FedUp" Activists Identify the Source of Economic Pain -- The Federal Reserve

Jerry Ashton | Posted 05.28.2014 | Politics
Jerry Ashton

For the first time since the '30s, the 99 percent stood up and pointed out the real culprits -- Wall Street and the politicians they own. People listened, they heard, and began to believe.

How Europe Can Escape the Austerity Trap

Jacques Attali | Posted 04.16.2014 | World
Jacques Attali

europeunemployment.jpg It will become clear sooner rather than later that the present rigorous and painful course of austerity will not on its own solve the specific problems that European citizens face in their lives.

Is Europe Changing the Financial Sector?

Iván H. Ayala | Posted 02.11.2014 | World
Iván H. Ayala

It is not a coincidence that banks have manipulated the LIBOR for preventing exposure of their positions of derivatives of interest rates in certain markets. It is the consequence of the so-called "liberalization of capital markets" which might be better defined as a "decriminalization" of some practices formerly regulated.

Is the Housing Boom in Phoenix Creating Another Bubble?

Anita Verma | Posted 01.25.2014 | Business
Anita Verma

The current market portends a promising future for growth of Phoenix. We have survived one of the worst real estate recessions of all times, and now we are moving into time of expansion for housing. In a state that sees sunlight 85 percent of the year, the future of Metro Phoenix's housing market is just as bright!

The Bank Guarantee That Bankrupted Ireland

Ellen Brown | Posted 01.23.2014 | Business
Ellen Brown

The Irish have a long history of being tyrannized, exploited, and oppressed -- from the forced conversion to Christianity in the Dark Ages, to slave t...

Costa-Gavras: Cinema's Last Angry Man

Alex Simon | Posted 01.23.2014 | Entertainment
Alex Simon

"I'm always a bit suspicious about ideologies, you know. My basic thinking and feeling is to always respect the dignity and freedom of others. That's what I've always tried to make films about and if I do follow any personal ideology, that's the only one I can say I believe in."

Debt Ceiling (Foolishness in Action)

Asher Edelman | Posted 11.27.2013 | Business
Asher Edelman

Perhaps just the threat of this equitable solution will move the small thinking destructive clique, who would ransom the world economy to further political goals, to move on and deal with politics in a more reasoned manner.

Bank Bailouts & Financial Skulduggery: A Lesson from History

Adrian Teal | Posted 11.26.2013 | Business
Adrian Teal

As if one were needed, the news that JP Morgan Chase & Co. has been embroiled in yet another banking scandal is a reminder that the world of finance long ago hocked its cracked and dented moral compass to the pawnbroker.