How Tomorrow Moves| More...
 

Bankers

Goldman Sachs Defends Trading Practices: Dark Pools, Flash Trading, Short Selling

Telegraph | James Quinn, US Business Editor | Posted 10.28.2009 | Business

Read More: Economy, Financial Reform, Dark Pools, Regulation, Bankers, Short Selling, Goldman, Investors, Goldman Sachs, Investing, Flash Trading, Wall Street, Finance, Trading Practices, Sec, Trading, Financial Regulation, Business News

In a document handed to the US Securities and Exchange Commission (SEC), the investment bank asserts that such practices, some of which the SEC is loo...

Read Whole Story

A New Crossover Hit: "Break Up the Big Banks"

George Goehl | Posted 10.24.2009 | Business

Read More: Elizabeth Warren, Congress, Campaign Finance Reform, Wall Street, Showdown in Chicago, Michael Moore, Financial Reform, Too Big to Fail, Mortgage Crisis, Obama Administration, Financial Crisis, Alan Greenspan, Sheila Bair, Bankers, Banking Regulation, Banks, Banking Crisis, Business News
George Goehl

We've reached an incredible moment when Alan Greenspan, Michael Moore, FDIC head Sheila Bair and Elizabeth Warren are all singing the same tune: calling for breaking up the big banks.

Read Post

Showdown in Chicago

Richard Trumka | Posted 10.22.2009 | Business

Read More: American Bankers Association, CEO Pay, Chicago, Lobbyists, Derivatives, Financial Reform, Federal Reserve, Afl-Cio, Goldman Sachs, Labor, Unemployment, Wall Street, Hedge Funds, Ceos, Consumer Financial Protection Agency, Union Blogs, Bonuses, Unions, Inequality, Bankers, Joblessness, Recession, Labor Unions, Economic Recovery, Business News
Richard Trumka

We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.

Read Post

Rationalizer: Bracelet For Bankers Helps Traders Keep Their Cool

Posted 10.15.2009 | Technology

Read More: Rationalizer Bracelet, Traders Stress, Rationalizer, Philips, EmoBowl, EmoBracelet, ABN Amro, Bankers, Rationalizer Traders, Technology News

The Rationalizer bracelet has got to be one of the weirdest inventions to hit Wall St. since mortgage-backed securities. Philips Electronics and the ...

Read Whole Story

A Happy Day in Businessland!

Fortune's Stanley Bing | Posted 10.14.2009 | Business

Read More: Executive Compensation, Recovery, Bankers, Wall Street, Jpmorgan, Recession, Business News
<i>Fortune</i>'s Stanley Bing

The Dow is about to go over 10,000 again. Won't that be nice? Yay for those cockeyed optimists! They make the world go 'round!

Read Post

Thanks, Mr. Banker, for My Overdraft Protection!

Fortune's Stanley Bing | Posted 10.08.2009 | Business

Read More: Bankers, Overdraft Protection, Debit Cards, Scams, Credit Cards, Banking, Overdraft Fees, Banks, Consumer Protection, Business News
<i>Fortune</i>'s Stanley Bing

I wonder what new things the bankers will think of next to help and protect us. One thing's for sure. I know they're thinking of something.

Read Post

Michael Moore Says Capitalism Is "Anti-Jesus," Warns Obama Over Donations (VIDEO)

The Huffington Post | Posted 09.23.2009 | Entertainment

Read More: Entertainment, Michael Moore Capitalism: A Love Story, Private Donors, Documentary Film, Bankers, Terry Moran, Obama, Capitalism, Film, Business, Obama Campaign, Michael Moore Capitalism, Barack Obama, Capitalism Movie, Goldman Sachs, Video, Michael Moore, Obama Contributors, Documentary, Banks, Capitalism: A Love Story, Entertainment News

Michael Moore included one detail in his latest film, "Capitalism: A Love Story," just for President Obama. What is it? We know who's supporting you...

Read Whole Story

Fed Planning Sweeping Curbs On Bankers' Pay

Wall Street Journal | DAMIAN PALETTA and JON HILSENRATH | Posted 09.18.2009 | Business

Read More: Pay, Wall Street, Pay Curbs, Executive Pay Curbs, Banks, Federal Reserve, Bankers, Wall Street Pay, Executive Pay, Business News

Policies that set the pay for tens of thousands of bank employees nationwide would require approval from the Federal Reserve as part of a far-reaching...

Read Whole Story

G-20 Promises Crackdown On Bankers' Pay

AP | JANE WARDELL and AOIFE WHITE | Posted 10.21.2009 | Business

Read More: g20, G20 Summit, Economy, World Economy, Bonuses, Bankers, Banks, Executive Pay, Business News

LONDON — Top finance officials from rich and developing countries agreed Saturday to curb hefty bankers' bonuses, but the proposed crackdown on ...

Read Whole Story

Bailed-Out Bankers Stand To Make Millions In Options

Reuters | Posted 10.17.2009 | Business

Read More: Bailout, Goldman Sachs Bailout, Financial Crisis, Bankers, Citigroup Bailout, Chase Bailout, Business News

NEW YORK (Reuters) - As shares of bailed-out banks bottomed out earlier this year, stock options were awarded to their top executives, setting them up...

Read Whole Story

BusinessWeek: 'Don't Worry, Be Happy'

Yvette Kantrow | Posted 09.18.2009 | Media

Read More: Wall Street, Optimism, Economy, Walt Disney Co., Bankers, Businessweek, McGraw-Hill Cos, Business, Auctions, Microsoft Corp., Media News
Yvette Kantrow

BusinessWeek announced it would put out an issue on "The Case for Optimism" this month, explaining it's just as rational to see the economic glass as half-full. It hasn't brightened my mood.

Read Post

Walking the Last Mile to Recovery

Ned Goldreyer | Posted 09.04.2009 | Comedy

Read More: Financial Crisis, Bankers, Bill Gates, Scapegoat, Madoff, Economy, Comedy News
Ned Goldreyer

The economy is not a rational system: It is a scam run by an elite who control the masses through indecipherable rules. Get it? It's a religion, and a religious problem requires a religious solution, i.e. something crazy.

Read Post

Wall Street: A (Sometimes Deadly) Insiders Game

Vivian Norris de Montaigu | Posted 08.18.2009 | Business

Read More: Texas, Swapping, Flipping, Trust, Economics, Goldman Sachs, Bush Jr., Insiders, Financial Crisis, Tax Evasions, Bankers, Biotech, Business, Real Estate, Oil Companies, Offshoreipos, Cibc, Business News
Vivian Norris de Montaigu

The reasons why some banks are protected and others are left to fail reaches up to the highest echelons of power.

Read Post

Here's Why Nice Work Pays Much Better

Christina Patterson | Posted 08.12.2009 | Business

Read More: Salaries, Work, Politicians, The Arts, Wages, Bankers, Doctors, Happiness, The Rich, Business News
Christina Patterson

Politicians basically agree with the bankers. They think that the most highly educated people in our society are the ones most likely to operate on a base level of animal greed.

Read Post

Private Banker Talks About How He Managed To Steal Millions Undetected

New York Times | LYNNLEY BROWNING and DIANA B. HENRIQUES | Posted 07.31.2009 | Business

Read More: Fraud, Banks, Bankers, Banks Fraud, HernáN Arbizu, Business News

He grew up in elite circles in Buenos Aires, acquiring the polish and privileged connections that paved the way for him to become a star private banke...

Read Whole Story

Bankers' Pay Soars As Firms Aim To Halt Talent Exodus

Financial Times | Posted 07.22.2009 | Business

Read More: Citigroup Pay, Merrill Salary, Merrill Lynch Pay, UBS Salary, Bankers Pay, Talent Exodus on Wall Street, Bankers, UBS Pay, Citigroup Salary, Business News

Wall Street names that have been among the most buffeted in recent months - Merrill Lynch, UBS and Citigroup - are hiking pay for their top investment...

Read Whole Story

Wall St. Unemployed Forced To Take Low-Wage Jobs

wsj.com | MARY PILON | Posted 07.03.2009 | Business

Read More: Wall Street, New York City, Investment Bankers, Wall Street Crisis, Financial Crisis, Bankers, Banking Industry, Business News

Carlos Araya used to order lobster, filet mignon and $200 bottles of red wine at the Palm Restaurant in midtown Manhattan. Now, he seats customers at...

Read Whole Story

Friday Talking Points [79] -- Judicial Activism And Bias

Chris Weigant | Posted 06.29.2009 | Politics

Read More: Mark Nickolas, Supreme Court, White House, Autoworkers, Burris, Constitutional Crisis, Power Struggle, Founding Fathers, Detainee Deaths, Gingrich, President, War Crimes, Rnc, Courts, Princeton, Midotw, Nancy Pelosi, Sotomayor, Most Impressive Democrat of the Week, Pussy Galore, Un, Ralph Nader, Judicial Activism, Republican National Committee, Court, Twitter, Terry McAuliffe, Congress, Newt Gingrich, Barack Obama, Constitution, Mddotw, Rod Blagojevich, Sonia Sotomayor, Truth Commission, Youtube, Banks, Hillary Clinton, Uaw, Bonuses, Up or Down Vote, Michael Guest, Same Sex, Nader, President Obama, Moses Taylor Pyne Honor Prize, United Nations, Blaggy, Filibuster, Bankers, Obama, Scotus, Prejudice, Auschwitz, Blago, Republican, Government, Blagojevich, Lionel Sosa, Pelosi, Clinton, Activism, Federal Government, Bias, Most Disappointing Democrat of the Week, Defense of Marriage Act, Legislating From the Bench, Benefits, Gm, Pyne Prize, Roland Burris, Philip Alston, Gay, State Department, Checks and Balances, Mcauliffe, Chris Kelly, Secretary of State, Wall Street, Chris Weigant, Spousal Benefits, Nominee, Doma, Torture, Alston, Politics News
Chris Weigant

"Judicial activism" (or, alternatively, "legislating from the bench") is defined -- no matter what your political beliefs -- as "judges not ruling the...

Read Post

Men's Style: The Banker Look Is Out

nytimes.com | DAVID COLMAN | Posted 06.14.2009 | Style

Read More: Bankers, Men's Style, Style News

What has landed on the slag heap of style is the old three-button power suit: slickly conservative, oversize and overpriced, worn with a boxy white sh...

Read Whole Story

Boot TARP-O-Line Bonuses

Norb Vonnegut | Posted 06.13.2009 | Business

Read More: Tarp, Bankers, Wall Street Bonuses, Citigroup, Morgan Stanley, Wall Street, Executive Compensation, Business News
Norb Vonnegut

Reducing the size of banks, it seems to me, would be a win for everyone. We would avoid these bonus brouhahas, the debates about TARP and compensation.

Read Post

Defeating Homeowners: A Pyrrhic Victory for the Bankers

Ann Pettifor | Posted 06.02.2009 | Business

Read More: Senate, Foreclosure, Dick Durbin, Toxic Assets, Bankers, Bankruptcy, Bank-Owned-State, Home Foreclosures, Business News
Ann Pettifor

Bankers and their lobbyists on the Hill may be voraciously greedy and anti-democratic, but, ironically, they are not pursuing their own best interests.

Read Post

Why Are Bankers Still Being Treated As Beltway Royalty?

Arianna Huffington | Posted 05.31.2009 | Politics

Read More: Credit Card Bill, American Banking Association, Mortgage Bankers Association, Chrysler Bankruptcy, Chrysler Banks, Credit Cardholders Bill of Rights, Chrysler, Bankers, Credit Card Rates, Credit Cards, Financial Services Roundtable, Cramdown, Senate Cramdowns, Dick Durbin, Carolyn Maloney, Transparency, Politics News
Arianna Huffington

How do the same banks that have repeatedly come to Washington over the last eight months asking for billions to rescue them from their catastrophic mistakes, somehow still "own the place"?

Read Post

Correcting Credit Abuses by Banks are a Number One National Priority

Ray Hanania | Posted 05.25.2009 | Business

Read More: Credit Cards, J.P. Morgan Chase, Curb Interest Rate Abuses, President Barack Obama, Banks, Bankers, Congress, Legislation, Chicago-Illinois, Business News
Ray Hanania

What do we have when a banking tyrant like J.P. Morgan Chase decides on its own to jack up the interest rates?

Read Post

An Expat's Week in America: Health Care, Yunus, Grameen and Broadway

Vivian Norris de Montaigu | Posted 05.23.2009 | Living

Read More: Phyllida Lloyd, Mamma Mia, Grameen, Poverty, Economy, Broadway, Bankers, Grameen America, Doctors, Obama, Media, Health Care, Muhammad Yunus, Living News
Vivian Norris de Montaigu

No one can crush the spirit of those who are doing what they love to do, and sharing it with us.

Read Post

Bankers Balk at Fees

Tom Pappalardo | Posted 05.22.2009 | Business

Read More: Goldman Sachs, Morgan Stanley, TARP Money, Douglas Leech, Investment Bankers, Frank Pallotta, Federal Reserve, Bankers, Timothy Geithner, Centra Bank, Tarp, Business News
Tom Pappalardo

Can you imagine being stuck on a lifeboat in the middle of the ocean with these bankers and suddenly you get ill and need more water than what has been allotted to everyone?

Read Post