John Reed

JPMorgan Chase: Break Up the Big Banks Now. Here's How.

Richard (RJ) Eskow | Posted 05.21.2012

Richard (RJ) Eskow

The JPMorgan Chase scandal -- and yes, it is a scandal -- shows us why we need to break up the big banks as quickly as possible.

Michael Lewis: The Volcker Rule Should Push Even Harder

The Huffington Post | Khadeeja Safdar | Posted 05.03.2012

The Volker rule should push even harder to curb banks' bets with their own money than it would do as presently constructed, according to Michael Lewis...

Ex-Wall Street Banker: Volcker Rule Will Correct A Dangerous Mistake

The Huffington Post | Alexander Eichler | Posted 04.18.2012

Apparently not every banker hates the Volcker rule. Roger Vasey, who used to be in charge of global debt markets at Merrill Lynch, penned a pro-Vol...

Marcus Baram

Volcker Rule Needs To Be Tougher, Former Citi Chair John Reed Says

HuffingtonPost.com | Marcus Baram | Posted 02.14.2012

Amid the hue and cry on Wall Street that the Volcker rule goes too far to restrict banking activities, the former CEO of one giant bank thinks that th...

PHOTOS: Zolotow House For $1.5 Million

Posted 10.25.2011

A 1957 home by architect John Reed known as the "Zolotow House" is on the market for $1.525 million. The home seamlessly blends California moderni...

Wall Street Elder Statesmen Favor a Return to Tighter Regulation

LOUIS UCHITELLE | Posted 05.25.2011

Put aside for a moment the populist pressure to regulate banking and trading. Ask the elder statesmen of these industries -- giants like George Soros,...

Shahien Nasiripour

Remorseful Citigroup Banker John S. Reed Parts With Former Colleagues, Calls For Fundamental Financial Reform

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

The remorseful former banker who made Citigroup what it is today came to Capitol Hill on Thursday and systematically debunked the arguments that his f...

Shahien Nasiripour

Fed Chairman Blames Banks For Continued High Unemployment

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...

John Reed, Former Citigroup CEO, APOLOGIZES For Creating Monster Of A Bank

The Huffington Post | Ryan McCarthy | Posted 05.25.2011

It may be the most direct apology of the financial crisis. Former Citigroup chairman and CEO, John Reed, has apologized to a Bloomberg reporter fo...

Citi Merger "A Mistake," Says Dealmaker

Financial Times | Francesco Guerrera | Posted 05.25.2011

The landmark merger that created Citigroup was a "mistake" that failed to benefit the financial services conglomerate's investors, customers and emplo...