Bank

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"Identity Crisis"

Jerry Zezima | Posted 10.06.2009 | Living

Read More: Plastic Surgery, Sammy Davis Jr., Gas, Car, Ipod, Humor, Identity Theft, Bank, Atm, Debit Card, Newspaper, Itunes, Journalism, Popeye, Jerry Zezima, Lol, Living News

At the risk of being sued by Popeye, I am what I am. Unfortunately, what I am can't be printed in a family newspaper. I don't even know who I am anymore. That's because my identity was recently stolen.

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Bill Winters, JPMorgan's Head Of Investment Banking, Will Leave Company

AP | STEPHEN BERNARD and SARA LEPRO | Posted 09.29.2009 | Business

Read More: JPMorgan Chase, Steve Black, Bank, Banks, Jamie Dimon, Jes Staley, Investment Banking, Bill Winters, Business News

NEW YORK — JPMorgan Chase & Co. named Jes Staley the head of its investment bank, a move that puts Staley in a position to become the new CEO sh...

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Simon Johnson on Bank State Capture

Robert Teitelman | Posted 11.08.2009 | Business

Read More: Bank, Robert Teitelman, Simon Johnson, Lehman Brothers, Finance, Economy, The Baseline Scenario, Business News

As a sector, what is the optimal size for finance? And how far should we shrink it down to achieve the kind of real growth that will reduce unemployment and drive incomes across the board?

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Bailed-Out Banks Making Profits -- For Taxpayers

Chris Weigant | Posted 10.16.2009 | Politics

Read More: President Obama, Bail Out, Troubled Asset Relief Program, Obama, Fannie, Taxpayer, Bush, Government, Deficit, Aig, Bailout, General Motors, Insurance, Interest, Toxic Mortgage, Bank, President Bush, Tarp, Wall St, Gm, Budget, Barack Obama, Invest, Executive Compensation, Chrysler, Profits, Profit, Wall Street, Investment, Chris Weigant, Companies, Return, Investment Firms, Freddie, Banks, George W Bush, Auto, Politics News

Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.

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Federal Reserve-Bloomberg Suit: Fed Argues That Disclosing Emergency Loans Will Hurt Banks

bloomberg.com | Mark Pittman | Posted 09.27.2009 | Business

Read More: Fed Emmergency Loans, Bailout, Bloomberg Suit, Bank, Federal Reserve, Financial Crisis, Bloomberg News, Emergency Loans, Business News

Aug. 27 (Bloomberg) -- The Federal Reserve argued yesterday that identifying the financial institutions that benefited from its emergency loans would ...

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Weekly Audit: EFCA, Tax Cheats and the Racial Wealth Gap

The Media Consortium | Posted 09.25.2009 | Politics

Read More: The Nation, Grittv, The American Prospect, Employee Free Choice Act, Housing, Truthdig, Racial Equality, Economy, Scandal, Salon, Ubs, Weekly Audit, Net Work, Mortgage, Unemployment, The Media Consortium, Labor Laws, Bank, Zach Carter, Tmc, Politics News

The U.S. economy may finally be bottoming out. But while conditions may improve in a dry, statistical sense, the foundation for a productive economy has been decimated over the past three decades.

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Cash-Strapped FDIC Turns To Private Equity Firms To Buy Struggling Banks

nytimes.com | ERIC DASH | Posted 09.21.2009 | Business

Read More: Bank Failure, Fdic, Guarnty Bank, Federal Deposit Insurance Corp, Bank, Sheila Bair, Private Equity, Business News

Faced with a growing wave of bank failures, the Federal Deposit Insurance Corporation is taking extraordinary steps to attract buyers for troubled ins...

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Banks Added 10,000 Branches During Boom, But Left Inner Cities Behind

AP | FRANK BASS and LINDA STEWART BALL | Posted 09.17.2009 | Business

Read More: Bank, Bank Reform, Federal Deposit Insurance Corp, American Bankers Association, Business News

DALLAS — Banks expanded at a breathtaking pace over the past five years, adding more than 10,000 full-service branches, but barely 1 in 10 were ...

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Defunct Bank Loaned Millions To Former Director Convicted Of Felony Theft

The Denver Post | Miles Moffeit | Posted 08.29.2009 | Denver

Read More: Dean Juhl New Frontier Bank, Loan, Colorado Felony Theft, Bad Loan, New Frontier Bank, Bank, Dean Juhl, Bankruptcy Colorado, Colorado, Felony Theft, Denver News

In the years leading to its collapse, New Frontier Bank financed about $9.6 million in business loans for a former director who later was convicted of...

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Fannie Mae, Freddie Mac Are Most Costly Bailouts

Jul. 22, 2009 | Chris Isidore, CNNMoney.Com Senior Writer | Posted 08.23.2009 | Business

Read More: Tarp, Aig, Most Expensive Bailout, Bailout, Bank, Fannie Mae, Freddie Mac, Recession, Business News

NEW YORK (CNNMoney.com) -- The first big government bailout of the financial crisis -- the takeover of mortgage finance giants Fannie Mae and Freddie ...

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Bank Profits Hide Looming Problems

Yahoo! | Stephen Bernard and Ieva M. Augstums, AP Business Writers | Posted 08.17.2009 | Business

Read More: JP Morgan, Goldman Sachs, Bank, Bank of America, Citi Stock, Citi-Earnings, Bank Profits, Bank Earnings, Citigroup, Business News

NEW YORK (AP) -- The big banks are making big money again, but they won't be back to health as long as they have to deal with a recession and customer...

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Goldman, JPMorgan Are Wall St.'s New Giants

nytimes.com | GRAHAM BOWLEY | Posted 08.17.2009 | Business

Read More: JPMorgan Chase, Goldman Sachs, Bank, Banks, Wall Street Earnings, Wall Street, Business News

A new order is emerging on Wall Street after the worst crisis since the Great Depression -- one in which just a couple of victors are starting to towe...

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Matt Taibbi On Goldman Sachs' Profits

True/Slant | Posted 08.16.2009 | Business

Read More: Tarp, Lloyd Blankfein, Bank, Matt Taibbi, Goldman Sachs, Bailout, Business News

So what's wrong with Goldman posting $3.44 billion in second-quarter profits, what's wrong with the company so far earmarking $11.4 billion in compens...

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CIT Denied Bailout, Bankruptcy Likely

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 08.16.2009 | Business

Read More: Treasury Department, Cit Group, Jeffrey Peek, Bank, CIT Bailout, Bailout, Business News

NEW YORK — Denied a federal bailout, CIT Group Inc. said late Thursday its board and management continue to seek alternatives to shore up the co...

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JPMorgan Chase Profit Up 36 Percent In Q2

AP | IEVA M. AUGSTUMS | Posted 08.16.2009 | Business

Read More: Bank, JPMorgan Chase, Economic Growth, Bank Earnings, JPMorgan Q2, Business News

CHARLOTTE, N.C. — The banking industry has another winner. JPMorgan Chase & Co. reported a 36 percent jump in second quarter profits Thursday, ...

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Ironic Ads From Before The Bailout: AIG, Countrywide, RBS, Bank Of America

The Huffington Post | Ryan McCarthy | Posted 08.13.2009 | Business

Read More: Bank of America, Aig, American International Group, Countrywide Financial, Royal Bank of Scotland, Bank-Bailout, Finance, Feconomy, Economy, Bank, Business News

Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...

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Taibbi's Goldman Sachs Takedown In Rolling Stone: Bank Has 'Unprecedented Reach And Power'

zerohedge.blogspot.com | Posted 07.26.2009 | Business

Read More: Matt Taibbi, Goldman Sachs, Taibbi Goldman Sachs, Matt Taibbi Rolling Stone, Finance, Bank, Banks, Business News

With a subtitle like "From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - a...

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Congress Subpoenas Fed To Hand Over Emails

AP | ANNE FLAHERTY | Posted 07.10.2009 | Politics

Read More: Congress Subpoenas Fed, Bank of America, Congress Fed, Federal Reserve, Bank, Congress Subpoenas Federal Reserve, Merril Lynch, Politics News

WASHINGTON — House lawmakers on Tuesday said they have subpoenaed the Federal Reserve to hand over e-mails, notes and other documents related to...

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"Jailhouse Talk"

Jerry Zezima | Posted 04.26.2009 | Living

Read More: White House, Songs, Humor, Writing, Daughters, George W. Bush, Fiction, Diplomas, Editing, Songwriting, Weapons, School, Guns, Barack Obama, Guards, English, Language, Puppy, Prison, Letter Writing, Bank, Knives, Nonfiction, Dogs, Family, Living News

I knew it was only a matter of time before my journalistic crimes landed me in jail. I just didn't think I would end up on Rikers Island.

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Sex, Spitzer, Derivatives: Using Our Outrage

Ari Melber | Posted 04.25.2009 | Politics

Read More: Gramm, Dorgan, Derivatives, Bank, Spitzer, Deregulation, 2008 Campaign, Bank Regulation, Glass-Steagall Act, Gao, Glass-Steagall, New York-New York, Politics News

In a galling demonstration of Washington's tangled priorities, leaders in both parties still refuse to tap Eliot Spitzer's expertise for policymaking and enforcement in the current crisis.

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