Will Jamie see how self-defeating such an approach and attitude ultimately is? Will Wall Street move even lower in the opinion of the American people? Those are the questions confronting Jamie and Wall Street at this electoral cross roads.
Barack Obama's supporters understandably feel uplifted by his reelection. Chants of "Four more years" have been matched by the hope that Obama will finally be able to complete his agenda during his second term. In reality, the public reelected Obama without giving him the clear means to do so.
Consumer frustration has only grown in the year since Bank Transfer Day as bank fees have continued to rise. It's time to make it easier for consumers to move their money so they have a real choice when it comes to where to bank.
The frustration of those of us arguing for pragmatic reforms and unbiased research should be evident. I am thankful that here in the United States, the SEC has at least begun to realize the need for more independence in its research and panels, and I hope that trend continues.
Unleashing a deregulated Wall Street again will only make the next crash and crisis inevitable. Unfortunately, it'll likely be much worse next time than it was this time, which cost or will cost more than $12.8 trillion.
As sales metrics improve month by month, economists seem to agree that residential real estate is awakening from its 36-month slumber. That being said, buyers and sellers are well advised to accept the uncertainties of the market and compromise.
If you're mad about Wall Street pay, take heart: At least one guy on Wall Street seems to get it. He's not going to give back any of his own pay or anything like that! That would be crazy. But at least somebody out there feels your pain.
We don't need ads from candidates. We need commitments from them -- to rein in our economic casino.
Unfortunately, the Republican ticket continued its incoherence on financial reform with Romney's comments last night.
Jeez, Wall Street and Dodd-Frank, get a room already! It turns out that all of the Dodd-Frank bashing that Jamie Dimon and the other heads of big New York banks constantly do is just their version of how married couples might use a little light S&M to keep things spicy in the bedroom.
Despite a host of reforms in the right direction, the financial structures that were in place before the global crisis have not actually changed that much, and they need to if the global financial system is to become a safer place.
Wall Street is no longer serving the purpose that it was designed to. Over just the past five years, the market has changed, with individual stocks becoming pawns in a much bigger game that I feel increasingly less comfortable playing.
While the occupations have ended -- thanks in no small part to a harsh police crackdown -- it would be a mistake to assume the Occupy movement is over. Social movements have a way of metamorphosing and resurging in unpredictable ways.
The 2008 financial crisis cost the U.S. economy at least $12.8 trillion, a new study found -- and that's a "very conservative number," according to th...
Imagine a world where banks can appeal to the highest office in the land for help if some pesky financial regulator tries to tell them what to do. It's easy if you try: There is in fact a bill slouching its way through the Senate right now that would give the president of the United States the power to slam the brakes on new regulations that banks find insufficiently lenient, the New York Times writes.
Four years ago was September 2008. George W. Bush was president and Wall Street giant Lehman Brothers was collapsing. It was a time of fear. It was a time of panic about the future. Recalling that anxiety is unsettling. But it's important for comparison sake.