I'm not condoning street violence but it will be helpful if political leaders understand that economic ruination by others is also a violent act.
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Banking should be boring for the very same reason that driving on I-5 or down Main Street should be boring.
The banking secrecy issue is incredibly important to the G-20 nations. What they need is a way to obtain compliance with their domestic anti-avoidance laws -- laws meant to prevent tax evasion.
As outrage over bonuses paid to top AIG executives and other executive pay scandals mount, the Obama administration has created a plan to revamp finan...
If credit unions were doing a decent job of marketing, they could grab a massive percentage of the market from banks. But I haven't been asked to switch. I haven't seen an ad.
It's been 17 years since we've seen the banking industry this sick. Return on assets hasn't been this low in 20 years. What caused the last set of problems? The savings and loan crisis.
During the election there was a lot of talk of not using a hatchet when a scalpel is needed. It seems as if Citibank just brought out their hacksaw and blunt hatchet.
NEW YORK — Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sigh...
ZURICH (Reuters) - Credit Suisse Group AG (CSGN.VX) posted its biggest-ever annual loss after a poor fourth quarter hit by trading losses and restruct...
Barack Obama is taking a rip-off-the-bandaid approach when it comes to dealing with the banking crisis, telling ABC Nightline that the process of rest...
Grandmas are best known as the world's leading purchasers of hard candies. But financial experts know that grandmas are also the world's leading distributor of $25 birthday funds.
Companies that think about what their business means to employees, customers and citizens, attract a different quality of person with that level of commitment.
UBS hired a team of five in Dallas from Goldman Sachs Group Inc. with $4 billion under management, and a group of the same number from Morgan Stanley ...
If "illiquidity is the core economic problem," as policy makers argue, why is then the government's injection of enormous amounts of liquidity failing to unfreeze the credit market?
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We can continue bailing out the banks and Wall Street or, we can take a more reasonable approach by helping out the middle class in a real tangible way.
The right and Republicans have found an enemy far more terrifying than terrorism. It's insidious. It's dangerous. It's un-American. It's, it's nationalization! Oh, the horror!
Banks have been ripping-off the middle class for years. In addition to user fees, the middle class pays banks large spreads on mortgages, credit cards and other types of debt.
The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.
Somewhere, there's a little black book that contains everything you need to know to create a successful business: In the 21st century, that book says green headquarters.
WASHINGTON --Even before they have settled into their new jobs, President Obama's economic team faces an acute crisis in the nation's banking system t...
As a banker this news cycle has been depressing to witness. However, as depressing as it is for me, I can only wonder how dismaying it must be for the average, hard working taxpayer.
NEW YORK — The banks may need a bigger bailout.
The government is mulling another multibillion-dollar aid package for Bank of America Corp., ra...
Why did federal regulators look the other way while The Firm made thousands of risky investments that eventually brought the company to its knees?
The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.
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