Anyway, I never gave much thought to Goodfellas being a cinematic template for the kinds of schemes, scams and financial shenanigans pulled off by the Wall Street mob until recently.
There is much more to be done before we can get a sense of what really happened to the power of reputation on Wall Street.
All the evidence suggests that the Fed has turned into an entity which is too big to fail/jail/bail or prosecute, manages the financial system on behalf of Wall Street and is accountable to no one.
The roles of a lead director and board chair are different. More and more American corporations are moving towards effective, non-executive chairs. Banks should not be dragging their feet.
The disconnect between profitability and hiring or middle-income wage growth has been embedded in our economic system for decades -- this quarterly result is a mere microcosm.
The urgent imperative for the Fed to revert to canons of sound money can be illustrated by its opposite: the utterly shameful and gratuitous bailout of Morgan Stanley two weeks after the Lehman Brothers bankruptcy.
While I am fortunate to own a business I enjoy, have great clients and a fantastic team, I owe much of my success to the many misjudgments, miscalculations and plain stupid decisions that I have made over 26 years in business. Fortunately each mistake has led to a "aha!" moment.
Supporting small businesses and entrepreneurs has been a priority for President Obama since Day One of his administration. Why? Because he knows small businesses are responsible for creating two out of every three new jobs in the United States.
Robert Kaplan has spent his career bridging the gap between the two worlds, and showing that both kinds of companies can learn from each other to maxi...
Arianna appeared on "Morning Joe" with co-hosts Joe Scarborough and Mika Brzezinski to discuss female entrepreneurs and Huffington Post's new "What Is...
The JP Morgan report in November 2010 transformed the way people thought about impact investing. Instead of this being something in the realm of phila...
As Elizabeth Warren showed the world, the government officials trusted with the job of arresting bankers and bringing them to trial haven't done it and won't do it. So if you ask yourself, "What Would Jesus Do?", the answer is clear.
The owners of America's big for-profit colleges have developed a big bag of tricks to keep tens of billions of federal dollars flowing their way, regardless of the bad consequences for students and taxpayers. Every time we think we've seen it all, a new brazen tactic emerges.
During former Citigroup executive Jack Lew's recent confirmation as Treasury Secretary, some people were troubled to learn that the big bank had promised him special financial awards if he left to take a job in the government. But a review by POGO shows that Lew's deal with Citi was no anomaly.
Why don't more companies embrace trust as a tangible, learnable, and measurable asset? Because it requires four things that don't fit the business world's current obsession with instant gratification -- time, effort, diligence and character.
Who better than professional money managers to raise and invest funds while applying the skills that make them successful in their day jobs to philanthropic initiatives?