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Big Banks

'Chalk-U-Py' Rally Held To Protest Charges Against Anti-Big Bank Chalker

The Huffington Post | Nick Wing | Posted 07.01.2013 | Politics

A rally was held over the weekend in support of Jeff Olson, a 40-year-old San Diego man being prosecuted by the city for writing anti-big bank message...

Regulators Push For Big Move Against Too Big To Fail

Reuters | Posted 08.21.2013 | Business

By Douwe Miedema WASHINGTON, June 21 (Reuters) - Two top U.S. bank regulators are pushing to double capital requirements for the count...

The Two Centers of Unaccountable Power in America, and Their Consequences

Robert Reich | Posted 08.13.2013 | Politics
Robert Reich

There are two great centers of unaccountable power in the American political-economic system today -- places where decisions that significantly affect large numbers of Americans are made in secret, and are unchecked either by effective democratic oversight or by market competition.

Sen. Elizabeth Warren on Student Loans

Tavis Smiley | Posted 08.10.2013 | DC
Tavis Smiley

During my exclusive broadcast conversation with Sen. Elizabeth Warren tonight on PBS, she states, "We can't be a country that invests in big banks and won't invest in our students who want an education. Let's not call it postmortem just yet; let's call it we're still in the middle of the fight."

Bank CEO Pay Jumps Again

AP | By CHRISTINA REXRODE | Posted 08.05.2013 | Business

NEW YORK (AP) — Top bankers keep getting bigger paydays. The median pay for bank CEOs jumped 22 percent in 2012, according to a repor...

U.S. Bank Earnings Soar To Record On More Fee Income

AP | MARCY GORDON | Posted 07.29.2013 | Business

WASHINGTON -- U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses...

Catherine New

Why There's A Waiting List To Get This Checking Account

HuffingtonPost.com | Catherine New | Posted 05.24.2013 | Small Business

At many big banks, customers say they want out. But with Simple, a new kind of free online checking account, there is a two-week waiting list to get i...

Elizabeth Warren Wants To Know If The New Treasury Secretary Will Be As Bad As The Old One

The Huffington Post | Nick Wing | Posted 05.22.2013 | Politics

Sen. Elizabeth Warren (D-Mass.) grilled Treasury Secretary Jack Lew at a Senate Banking, Housing and Urban Affairs Committee hearing on Tuesday, press...

How Homeowners Made May a Month You Won't Forget

Tracy Van Slyke | Posted 07.21.2013 | Business
Tracy Van Slyke

It has been a full five years since banks crashed the economy and more than a year since President Obama announced a special task force to investigate big bank crimes. Ever since, homeowners and community members have been fighting for fair and deserved relief and justice.

Will Wrigley

Arrests In Occupy Protest Against 'Too Big To Jail' Banks

HuffingtonPost.com | Will Wrigley | Posted 05.21.2013 | Politics

WASHINGTON -- Owners of foreclosed homes were arrested Monday during a protest outside Justice Department headquarters, where they demonstrated agains...

Is It Time for Holder to Go?

Chris Weigant | Posted 07.15.2013 | Politics
Chris Weigant

One of my biggest disappointments with President Obama's transition to his second term was the announcement that Holder would be staying on, instead of turning the Justice Department over to someone else. I don't personally dislike Holder (I've never met the man), but I do strongly question his priorities during his time as the nation's Attorney General.

Ryan Grim

Elizabeth Warren: Give Students Same Loan Rate As Big Banks

HuffingtonPost.com | Ryan Grim | Posted 05.09.2013 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) unveiled her first bill Wednesday, designed to set student loan interest rates at the same level the Fed...

Eric Schneiderman Takes Big Banks To Task

The Huffington Post | Chris Gentilviso | Posted 05.07.2013 | Politics

Hours after announcing that he's considering a lawsuit against some of America's biggest banks, New York Attorney General Eric Schneiderman affirmed h...

OCC Ya! The Government Agency That Should Fine Itself

Adam Levin | Posted 06.19.2013 | Business
Adam Levin

Let's face it. The biggest bank regulator in the U.S. is an abject failure. Worse, it's costing us oodles of money, and not just from bounced checks.

Is the Entire Deficit Debate Based on a Big Mistake?

Les Leopold | Posted 06.18.2013 | Business
Les Leopold

Fear of debt is woven deeply into our culture. We associate debt with profligate spending, waste, gambling and overall sinfulness. As we learned during the housing bubble, it's easy to get in over our heads. So naturally we assume that the same must be true for our country -- government debt must be bad. But is it?

At Least the Big Banks Are Kickin' It...

Jared Bernstein | Posted 06.16.2013 | Business
Jared Bernstein

The disconnect between profitability and hiring or middle-income wage growth has been embedded in our economic system for decades -- this quarterly result is a mere microcosm.

Shouldn't We Drug Test CEOs of Banks Receiving Federal Aid?

Steven Strauss | Posted 06.07.2013 | Politics
Steven Strauss

Conservatives demand mandatory drug testing of applicants for unemployment insurance and welfare benefits. Shouldn't senior executives of banks that receive federal aid also have to "pee in the cup"?

The Regulatory Nullification and the Cruelty of Big Business

Ralph Nader | Posted 06.05.2013 | Business
Ralph Nader

Despite negative public sentiment and the rise of the Occupy movement, the avarice on Wall Street arrogantly continues on. The big banks are now even bigger and more powerful than they were in 2008 when they were bailed out by the U.S. taxpayers.

Zach Carter

Wall Street's Political Payouts Higher For Those Voting To Deregulate

HuffingtonPost.com | Zach Carter | Posted 04.04.2013 | Politics

WASHINGTON -- The recent Wall Street deregulation push in Congress has been fueled by a significant disparity in campaign donations from big banks: Me...

Banks' Future Legal Bills Get Smaller Every Day

Mark Gongloff | Posted 06.04.2013 | Business
Mark Gongloff

Big banks' future legal bills just keep getting smaller all of the time. In the latest boon from the bench, JPMorgan Chase on Wednesday convinced U.S. District Judge Jed Rakoff to dismiss the vast majority of claims brought against it by Dexia, slashing JPMorgan's potential liability in the case to $5.7 million from $774 million, according to JPMorgan's lawyer.

Barclays Is Too Big To Fail, Or Manage

Mark Gongloff | Posted 06.03.2013 | Business
Mark Gongloff

A new report on how Barclays Capital ended up in its Libor mess is the latest evidence that banks that are too big to fail are also too big to manage.

Break Up the Big Banks Before They Do Any More Harm

Allan Brawley | Posted 06.02.2013 | Business
Allan Brawley

Breaking up these huge banks that are too big to fail, jail, or be regulated seems to be the only option on the table right now and Senator Brown, along with Senator David Vitter, is leading the effort to do just that.

Emily Swanson

Poll: Break Up The Banks?

HuffingtonPost.com | Emily Swanson | Posted 04.01.2013 | Politics

Most Americans think banks have grown too big, but many are uncertain about what to do about it, according to a new HuffPost/YouGov poll. Sixty-one...

Obama Administration Faces Pressure On 'Too Big To Jail' Banks

The Huffington Post | Nick Wing | Posted 04.01.2013 | Politics

Activists will deliver petitions to Department of Justice offices around the country on Tuesday, calling on President Barack Obama to crack down on bi...

Bank of America CEO Was Paid How Much?

AP | By The Associated Press | Posted 05.29.2013 | Business

Bank of America says chief executive Brian Moynihan received a 2012 compensation package worth $7.4 million, down slightly from the prior year, accord...