Banking

Succession Planning 101: Lessons for the Bank of America

Alicia Whitaker | Posted 10.20.2009 | Business


Alicia Whitaker

Succession planning has moved from being a largely academic exercise to an element of corporate governance that regulators and investors demand.

Krugman: The Banks Are Not Alright

New York Times | Paul Krugman | Posted 10.19.2009 | Business


It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense goo...

Goldman Sachs' Black Magic, Here's How They Did It

Dylan Ratigan | Posted 10.17.2009 | Business


Dylan Ratigan

The question is not why did we bail out the banks. The question is why did we give the banks billions so they could buy assets by the trillions and keep the profits?

Turn Goldman Anger Into Government Action

Dylan Ratigan | Posted 10.15.2009 | Business


Dylan Ratigan

We don't want a government commandeered by those in our banking system who have failed and been passed over by technological advancements, innovation and flat-out smarts. But right now, that's what we've got.

Thanks, Mr. Banker, for My Overdraft Protection!

Fortune's Stanley Bing | Posted 10.08.2009 | Business


<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.

Paul Krugman: Fed, Banks Returning To "Status Quo Circa 2007"

nytimes.com | Paul Krugman | Posted 10.07.2009 | Business


This article on the continued troubles in credit markets was informative. But it raised a puzzle. Call me naive, but why does Fed policy seem to assum...

The Cost of Corporate Communism

Dylan Ratigan | Posted 10.07.2009 | Business


Dylan Ratigan

The spike in unemployment, the destruction of retirement wealth, the collapse in the value of our homes, the worst recession since the Depression have all resulted directly from the abdication of proper government.

Why B-Schools Don't Change

Pablo Triana | Posted 10.07.2009 | Business


Pablo Triana

The dirty little secret of B-schools is that, even if they wanted to, they may not be able to unshackle themselves from practical irrelevance.

Want Less Risk? Hire More Women!

Dr. Sasha Galbraith | Posted 10.06.2009 | Business


Dr. Sasha Galbraith

The higher the amount of testosterone, the more willing people are to take risks. Women, with considerably less of the male hormone coursing through their bodies, are more risk averse.

Like Lottery Winners, Pro Athletes Also Blow Big Money

Don McNay | Posted 09.22.2009 | Business


Don McNay

Even as a structured settlement consultant, I was stunned to learn that within two years of retirement, 78 percent of NFL players are bankrupt or under financial stress.

There's High Finance, Then There's Slow Finance

Rick Horowitz | Posted 09.16.2009 | Living


Rick Horowitz

So there I am, last Saturday afternoon, pulling up to the drive-thru ATM. It's a perfect late-summer day. There's only one car ahead of me -- and one pedestrian.

Reinventing The Compensation Wheel: Frustrated That Some People Make More Than You?

Julia Moulden | Posted 09.12.2009 | Living


Julia Moulden

It's no secret that some people earn more than others, but the gap is huge, and getting bigger every year. There have been some cool innovations designed to try to address this imbalance, but none have caught on in a big way. And now a couple of clever guys from Silicon Valley may just have reinvented the compensation wheel.

The Financial Identity Crisis

Schuyler Brown | Posted 11.08.2009 | Business


Schuyler Brown

People are just not loyal to banks anymore, and why should they be? Banks leveled the first blow to the relationship by becoming estranged, unfamiliar and impersonal.

Sheila Bair Goes on the Attack, Again

Robert Teitelman | Posted 10.18.2009 | Business


Robert Teitelman

Wouldn't you have wanted to be at Treasury on Tuesday when Geithner read FDIC head Sheila Bair's Times op-ed, in which she continues to wage war against the Treasury's plan for a super-regulator?

Small Good News: PayPal Helps Cut College Costs, One Bank Fee At A Time

Karen Stabiner | Posted 09.24.2009 | Living


Karen Stabiner

It's that time of year again. All over the country, people are loading up the family car, paying airline overage for heavy suitcases, or shi...

Islamic Finance and Mobile Banking: Could, Would, Should

Matt Herbert | Posted 08.30.2009 | Business


Matt Herbert

Would the adoption of mobile financial service technology benefit Islamic Banks?

Quick on the Draw -- and the Overdraw

Rick Horowitz | Posted 08.10.2009 | Living


Rick Horowitz

I've tiptoed only so far into Techno-Dollar World. I finally started paying some of my bills online. Which was more than enough to get me into hot water.

A Conspiracy So Vast

Yvette Kantrow | Posted 08.08.2009 | Media


Yvette Kantrow

Among conspiracy theories, the one about Goldman Sachs controlling the world, is as hackneyed as they come. But it was only a matter of time before somebody didn't think it was silly at all.

Half-Time Economic Update: Are You Smoking Green Shoots?

Jill Schlesinger | Posted 08.06.2009 | Business


Jill Schlesinger

Avoiding financial calamity is a good thing and it does appear that the global economy is past the worst point in the cycle, but a self-sustained recovery is not necessarily in the bag.

The Bloodless Coup of the Global Financial Stability Board: From Guidelines to Rules

Ellen Brown | Posted 07.25.2009 | Business


Ellen Brown

Political colonialism is now a thing of the past, but under the new Financial Stability Board guidelines, nations can still be held in feudalistic subservience to foreign masters.

Special Prosecutor of Iceland Bank Crash: "The Idea Most People Have of Banking Has No Basis In Reality"

Iris Erlingsdottir | Posted 06.28.2009 | World


Iris Erlingsdottir

"Perhaps things weren't illegal, but when do you cross the line from a framework of standard marketing practices and into bribery?"

Stuff the Bankers, Starve the Kids

Robert Scheer | Posted 06.26.2009 | Politics


Robert Scheer

Bail out the banks, but not the 500,000 poor families with children served by the CalWorks program, which will be dismantled, or the 928,000 children covered by the Healthy Families program, slated for oblivion.

Community Banks Lumped In With Big Players, Forced To Pay High Premiums

washingtonpost.com | Steven Pearlstein | Posted 06.13.2009 | Business


We're hearing a lot these days from well-run regional and community banks that feel that they are being punished for the mistakes of the Citigroups an...

Implications of the Bank Stress Tests

Douglas J. Elliott | Posted 06.12.2009 | Business


Douglas J. Elliott

The financial "stress tests" on the big banks gave us good news: they "only" need $75 billion of new capital. That's a lot of money, but much less than many of us feared.

Toward Nonprofit Financial Services

Shawn Bayern | Posted 06.12.2009 | Business


Shawn Bayern

Bankers are not popular right now. I have friends who have taken to calling them "banksters," a term that apparently dates back to the Great Depression and now gets 300,000 Google hits.