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Big Banks

Man Buys Puppy, Car With Thousands Wells Fargo Accidentally Dumped In His Account

Posted 05.24.2012 | Business

One man is facing possible jail time after he allegedly spent tens of thousands of dollars that Wells Fargo accidentally deposited into his account. ...

This Guy Is Probably The Nicest Banker In America

The Huffington Post | Alexander Eichler | Posted 05.23.2012 | Money

If you were going to sit down and design the opposite of a Wall Street banker, you would probably come up with someone like Patrick Cullen. Cullen ...

Progressives Do NOT Hate Wealth -- a #PPSA

Sally Kohn | Posted 07.18.2012 | Politics
Sally Kohn

In the first in a series of POLITICAL Public Service Announcements (#PPSA), I take on the conservative myth that liberals hate wealth and success. Not...

Fed Up With Big Banks

Gordon Whitman | Posted 07.17.2012 | Business
Gordon Whitman

When individuals, religious institutions and local and state governments decide to move their money, it puts direct pressure on banks and on the federal government to change their policies. Cities and states have incredible leverage if they chose to use it.

Romney: Big Banks Can Fail

The Huffington Post | Luke Johnson | Posted 05.17.2012 | Politics

Mitt Romney said Wednesday that he believes a big bank should be allowed to fail if it runs into financial difficulty. "My own view is that if a la...

Wall Street, Romney, and Obama

Mike Lux | Posted 07.16.2012 | Politics
Mike Lux

Bain Capital was Wall Street at its worst. But the Obama team, in the White House and in the campaign, in order to win on the Bain attack, needs to face -- and turn around -- the perception that the administration has been weak on Wall Street.

On Financial Genius and Banking Boo-boos

Robert Teitelman | Posted 07.16.2012 | Business
Robert Teitelman

The columns, blogs, tweets and sober cud-chewing over the J.P. Morgan Chase & Co. trading debacle continues. What have we learned? Well, not as much as you'd think, given the notion that the Internet is the greatest investigative reporter since Woodward and Bernstein.

Occupy Jail, Occupy Big Banks

Reverend Billy | Posted 07.15.2012 | Business
Reverend Billy

To shout "You put billions into C02 emitting industries!" in a bank lobby -- oh the echo comes back as the Devil's bad gas. Come with us behind the lines. Nothing -- nothing is scarier than a big bank lobby. Revolujah!

A Dimon in the Rough

D. Sidney Potter | Posted 05.14.2012 | Business
D. Sidney Potter

Like a fat kid and chocolate cake, some things are just inseparable. And CEO Jaime Dimon of JPMorgan Chase has proven that parable with his near insatiable appetite in saying the wrong thing at the wrong time.

Why Jamie Dimon Has Egg On His Face

Posted 05.10.2012 | Business

Oh, the irony. After roundly criticizing regulations aimed at preventing banks from taking huge and unsustainable risks with their own money, Jamie...

The SAFE Banking Act Will Do What Financial Regulators Thus Far Have Not

Micah Hauptman | Posted 07.10.2012 | Business
Micah Hauptman

Preventing banks from becoming so large, complex, and interconnected that their failure would ravage the economy is the safest guarantee against a future "too big to fail"-driven financial crisis.

Mark Gongloff

Regulator Outlines Strategy To Avoid Future Wall Street Bailouts

HuffingtonPost.com | Mark Gongloff | Posted 07.10.2012 | Business

The problem with banks being too big to fail is not necessarily their bigness, but their failure. Like a runaway train plowing through a city block, a...

The Only Way to Fix the World Economy

Mike Lux | Posted 07.09.2012 | Politics
Mike Lux

We need to not only take back our economic fate from Wall Street, we need to cleanse our values system of their culture as well.

How BofA Is Trying To Change Its Image

Reuters | Posted 07.03.2012 | Business

By Rick Rothacker CHARLOTTE, N.C., May 3 (Reuters) - Bank of America Corp said on Thursday it has selected a team at ...

Investor: 'Big Banker Pay Hasn't Been Tamed At All'

Reuters | Posted 07.03.2012 | Business

By Katharina Bart ZURICH, May 3 (Reuters) - UBS became the latest bank to face the anger of its shareholders over exec...

Goldman: This Regulation Will Kill 300,000 Jobs

Mark Gongloff | Posted 07.02.2012 | Business
Mark Gongloff

By now, we're almost as sick of writing about Wall Street fighting new regulation as you are of reading it. It's always the same thing: Wah, we're big...

'Too Big to Fail' Banks Less Profitable and More Risky Than Sustainability-Focused Banks

R. Paul Herman | Posted 06.30.2012 | Business
R. Paul Herman

Successful banking in the 21st century will focus on these new fundamentals so that those banks following this approach can truly become "too sustainable to fail."

Banking Wars

Mike Lux | Posted 06.27.2012 | Politics
Mike Lux

One of the biggest unresolved issues in the 2012 election will be whether President Obama can convince the swing voters who are both angry at Wall Street and skeptical of government that he will actually hold Wall Street accountable.

Clergy To Wells Fargo: Time For Deep Soul Searching

Ryan J. Bell | Posted 06.26.2012 | Religion
Ryan J. Bell

It is high time that Wells Fargo CEO John Stumpf address our communities and put his "hand in the wounds" of our families. It's time for him to see and feel the mental and financial toll experienced by the millions of homeowners.

Which Golden Rule?

Mike Lux | Posted 06.23.2012 | Business
Mike Lux

The notion of a business completely unconnected in its ethos from its workers and customers, along with the community and country in which it operates, is in fact a recipe for disaster.

It's Finally Happened: A Missed Connection At Goldman Sachs

Posted 04.22.2012 | Business

Love in the belly of the Vampire Squid. Take it in. It could be the title of the next fairytale romance. At least if one Craigslist Missed Connecti...

Watchdog Probing Whether Overdraft Programs Go Far Enough

Posted 04.20.2012 | Business

The top consumer watchdog is scrutinizing big banks to see if their overdraft protection policies are doing enough to keep Americans from unwittingly ...

The Banks Have Two Years To Get Ready For The Volcker Rule

Reuters | Posted 06.19.2012 | Business

* Fed clarifies 2-year compliance period for Volcker rule * Fed has said may miss July deadline to finalize rule * Delay...

Stories From the Frontline: Don't Drink the Yellow Kool-Aid

D. Sidney Potter | Posted 06.19.2012 | Business
D. Sidney Potter

The banks' almost near-inability to properly staff qualified personnel was a part of the comedy of errors. As an example, some of it was lost in translation -- literally.

Stories From the Frontline: Why Is Mortgage Aid, Hater-Aid?

D. Sidney Potter | Posted 06.16.2012 | Business
D. Sidney Potter

Why is the banking industry -- for the most part, since I personally detest over generalizations, resistant to essentially doing the right thing and/or at least doing it in a timely matter?