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Bankers

Corporate America To Fight Taliban

Steven Clifford | Posted 05.25.2011 | Comedy
Steven Clifford

The Pentagon has harnessed the skills of corporate America to fight the Taliban. "We will exploit the expertise and talent of the private sector in o...

The F Word: What a Spare $1 Million Can Buy

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

BP's Tony Hayward has been yanked off spokesman duty after having the poor judgment to go yachting while the Gulf drowns in his company's oil. But acc...

When Abracadabra Is Not Enough: The Week the Republican Magic Wand Failed

Mark Olmsted | Posted 05.25.2011 | Politics
Mark Olmsted

It's the Tea Party sentiment that the worst capitalist is still preferable to the best government employee.

Regulation and the Betweeners

Bob Franken | Posted 05.25.2011 | Politics
Bob Franken

It's amazing how crazed people get anytime somebody says "Do you want bureaucrats to get between you and your (name it)?". It's the red meat that sends red-blooded Americans into a frenzied red state of mind.

Finally, an Explanation for the Bankers' Behavior, and the Insurers' Too!

Carine Fabius | Posted 11.17.2011 | Healthy Living
Carine Fabius

When people gain power, they become fearless when it comes to taking risks, and have a false sense of control. Sound like a banker or politician you know?

Call to Action: Educate About Financial Reform

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

This financial crisis was not caused by "mistakes" by some of the smartest people in the world but by arrogance, greed, and yes, crime.

What Arianna's Reading In April: A Hot Button Beyond Left And Right

Amy Hertz | Posted 12.12.2011 | Books
Amy Hertz

Arianna's reading a new book for April -- the fifth pick of HuffPost Books.

The F Word: Shaky Foundations for the Economy

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In 2009, a year of decline for most of us, the top 25 hedge fund managers made an average of $1 billion each. There was, said investor Carl Icahn "a great opportunity in debt" last year.

Don't Trust Your Banks: They Are Still Cheating

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

This letter underscores for me, and millions of other bank customers, that nothing with the banks has changed, and that past deceptive practices are still in force.

CEO Greed: "Worse This Year Than It's Ever Been"

Jonathan Tasini | Posted 05.25.2011 | Business
Jonathan Tasini

I was a skeptic, from the outset, that the Administration's efforts to cap CEO pay would amount to much. And, today, we see evidence that the CEO class is back at the trough again.

Fed Directors Spurn Senate Plan To Kick Off Bankers

Reuters | Kristina Cooke and Ann Saphir | Posted 05.25.2011 | Business

Federal Reserve Bank directors say a Senate plan to kick bankers off the boards of regional Fed banks is an overreaction to one headline-grabbing inci...

Health Care: What Takeover?

Bob Franken | Posted 05.25.2011 | Politics
Bob Franken

This is what is so ignorant about the claim health care reform represents a government takeover of private enterprise and by extension the United States' way of life: It is actually the opposite.

Financial Reform and the Fungus Five

Norb Vonnegut | Posted 05.25.2011 | Politics
Norb Vonnegut

Here are five "amendments" that have nothing to do with sub-prime debt or banking leverage. In keeping with the petri dish metaphor, I've dubbed them the "Fungus Five"

Primary Follies

Bob Franken | Posted 05.25.2011 | Politics
Bob Franken

This is not the year of the establishment it seems. The sad irony is that it's the real establishment that stands to maintain its absolute power as all us dupes fight among ourselves.

Smoke, Fire

Yvette Kantrow | Posted 05.25.2011 | Media
Yvette Kantrow

Deal rumor reporting recently hit a new high -- or is it low? -- a few weeks back when the Wall Street Journal put out a story on what it called "The Big One."

Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

The CDOs That Destroyed AIG: The Big Short Doesn't Quite Reveal What They Knew and When They Knew It

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

It's been eighteen months since AIG collapsed, and Congress has yet to seriously focus on the most important questions: What did they know and when did they know it?

The F Word: Who's Protecting the People From Banks?

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In the Senate, chair Christopher Dodd seems to have given up on protecting consumers. If going head to head with bankers alone is too scary for Warren Buffett, why are the rest of us being thrown to the financial wolves?

New Banking Rules We'd Like to See

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

News comes today that legislators are close to hammering out new rules for the banking industry. It couldn't come a moment too soon. Frankly, my bank pretty much blows and I'm sure yours does too.

WARNING: This Video Is Only For People Who Work On Wall Street

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp

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How to Live on $0 a Day: Get in Touch With Your Inner Savvy Businessman

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

Note to men: unless your wife has a paying job or a trust fund, you'll want to get rid of her and all other dead weight. As you become more savvy, you'll probably want a brand new trophy wife.

Could Bankers Turn the Tables on Obama in 2012?

Charles Gasparino | Posted 05.25.2011 | Politics
Charles Gasparino

For all the talk about Obama's grassroots fundraising prowess, it may have been Wall Street funds that gave him the edge in 2008. There are now signs that those funds may not be there for him in 2012.

London Banker Bonuses, Salaries surge

Reuters | Posted 05.25.2011 | Business

LONDON (Reuters) - Bankers in London have received average bonus increases of 40 percent this year and most have also received a jump in base salary, ...

Portrait Of The Banker

The New York Observer | Max Abelson | Posted 05.25.2011 | New York

He is the most extraordinarily typical banker on Wall Street, and he's on the minds of preachers, schoolchildren, shoe salesmen, prosecutors, matchmak...

F-U

Erica Payne | Posted 05.25.2011 | Politics
Erica Payne

The two-day F-U which started yesterday is more formally known as "Financial Services University" - a chance for congressional staff-er/students to sharpen their number 2s and head to the Rayburn office building on Capitol Hill for "lessons" from top bankers and industry lobbyists.