Break Up the Big Banks

Green Screen Challenge: How Would You Break Up With Your Bank?

Nathan Havey | Posted 05.25.2011

Nathan Havey

While Cupid may have you with your head in the clouds, you are probably in the midst of a very dysfunctional relationship...with your bank that is.

The Ghost of Glass-Steagall

Nathan Havey | Posted 05.25.2011

Nathan Havey

Many of the same people who are now creating proposals to reign in the financial industry were, 10 short years ago, the people eating cake as they destroyed the barn door of regulation and let the big banks run free.

There Is Nothing 'Collateral' About It When You Suffer the Damage

James Boyce and Paul Abrams | Posted 05.25.2011

James Boyce and Paul Abrams

It is not that the big banks themselves are "too big to fail." They are too big because they can cause all of us to fail.

Larry Summers' Genius Clouds His Judgment: Regulating the Banks Will Not Work

James Boyce and Paul Abrams | Posted 05.25.2011

James Boyce and Paul Abrams

With the DNA of two Nobel Laureate economists in his genome, one might think Summers would have the best grasp of how to fix the broken financial system. One would be wrong.

Goldman Sachs JPMorgan's Biggest Asset: David Reilly

bloomberg.com | David Reilly | Posted 05.25.2011

JPMorgan Chase & Co. lists lots of assets, ranging from loans to securities to cash, on its $2 trillion balance sheet. Not to be found is one that mig...