After the fiasco of the last year, the financial community should be getting back to the fundamentals of its job, which is to be stewards of the community's wealth.
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Here's a question that the next round of bankers should be asked. Did they know they were supporting predatory and probably criminally fraudulent lending throughout America by their activities?
Two new lawsuits accuse Goldman Sachs, now the most profitable securities firm in Wall Street history, of wasting shareholder money by paying out huge...
60 million mortgages with fatal defects in title could give aggrieved homeowners and securities holders the crowbar they need to exert some serious leverage on Congress.
Derivatives are a problem of breathtaking scale that cannot be cleaned up with a quick government fix.
July 8 (Bloomberg) -- Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged loans into new securities with...
Bernie Madoff, -- the Babe Ruth of fantasy finance -- is in a league of his own. His Ponzi scheme simply did away with all the fuss and bother of investments.
If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.
Vikram Pandit's winding up his 100-day, globetrotting honeymoon as Citigroup's would-be savior by yesterday writing a love note to all employees to as...
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