iOS app Android app

Dick Fuld

Goldman Sachs Three on a Match: Lehman, AIG and Carmen Segarra?

Jim Treacy | Posted 10.10.2014 | Business
Jim Treacy

Lehman down, AIG up, Carmen Segarra out and a seemingly well-connected, three-peat winner, Goldman Sachs, motors on...

My Surprising Conversation With Dick Fuld (Yes, That Dick Fuld) and the Future of America

Peter Sims | Posted 08.28.2014 | Business
Peter Sims

Now, America has long been an exceptionally redemptive society. Even if you screw up really badly, if you are willing to reflect long and hard, learn from your mistakes, and demonstrate a commitment to a larger purpose than your own ego, you can emerge on the other side and begin anew.

Commemorating Financial Panic (but Not Occupy)

Danny Schechter | Posted 09.15.2013 | Business
Danny Schechter

NEW YORK -- Media outlets love anniversaries. They become the makers and news-pegs for one-day stories that become pretexts for episodic coverage of k...

Ben Hallman

Where Are They Now?

HuffingtonPost.com | Ben Hallman | Posted 09.16.2013 | Business

NEW YORK -- Five years after the fourth-largest U.S. investment bank collapsed, sparking a panic that many believed would bring down the world financi...

Greed and Punishment: Criminalize Moral Hazard to Fix Wall Street

Sanjay Sanghoee | Posted 03.17.2013 | Business
Sanjay Sanghoee

The easing of regulations, which permitted financial institutions to become the behemoths they did, is partially responsible for this mess. But I say "partially" because that is only one part of the problem. The other part is the lack of personal accountability on Wall Street.

'Make No assumption Of Extraordinary Support From The Public Sector'

Reuters | Posted 10.09.2012 | Business

* Regulators asked five big banks to make "recovery plans" * Banks include BofA, JPMorgan and Goldman Sachs * Plans outl...

Clemens Is Big Winner on America's Got Perjurers

Steven Clifford | Posted 08.19.2012 | Comedy
Steven Clifford

Roger Clemens' triumphal performance on America's Got Perjurers should end doubts about judicial bias on NBC's top rated show.

Brad Pitt, Orchids and the Oakland Athletics

Olga Crosse | Posted 07.04.2012 | Media
Olga Crosse

I settled down last recently with a giant bag of Doritos, a lovely glass of wine and the DVD Moneyball, a true story about Oakland baseball team's man...

Wall Street's Arrogance Led To Financial Collapse, Documents Show

Bloomberg View | William D. Cohan | Posted 05.07.2012 | Business

Bloomberg View: If one wants to understand the full complicity of Wall Street in the Great Recession, look no further than the voluminous package...

An October Surprise on Wall Street

Charles Gasparino | Posted 07.01.2012 | Business
Charles Gasparino

Coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis.

'Megalomania, Insanity, And Evil' Caused Housing Bubble: Berkshire Exec

The Huffington Post | Alexander Eichler | Posted 08.31.2011 | Business

Charles Munger, the always-quotable vice chairman of Berkshire Hathaway, wasn’t mincing words on Friday. “The bubble in America was caused by s...

PHOTOS: Billy Crudup As Geithner?

Posted 05.25.2011 | Business

An HBO movie about the biggest financial crisis since the Great Depression has drawn an all-star cast, the Hollywood Reporter notes. Slated to appear ...

Seven Villians Of The Financial Crisis: Where Are They Now?

DailyFinance | BRUCE WATSON | Posted 05.25.2011 | Business

In 2008, as the economy seemed to be in free-fall, pundits, politicians and the public cast about in search of the ultimate villain, the Wall Street w...

Government Denied Lehman, But Bailed Out Other Wall Street Firms, Fuld Says

Posted 05.25.2011 | Business

WASHINGTON (AP, By Marcy Gordon) -- Federal bank regulators on Wednesday defended their actions leading up to the collapse of Lehman Brothers and the ...

Lehman Probe Focuses On Emails That Say 'Stupid'

BusinessWeek | Linda Sandler | Posted 05.25.2011 | Business

June 11 (Bloomberg) -- "Just between us," it may be "stupid" to use certain words in e-mail to "discuss" the "big trouble" you might face if you're ev...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Goldman Sachs in Troubled Waters

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Wall Street has long forgotten how to spell "ethical" or "good," and replaced it with "compliant" and "legal." The time has come to explain to investment banks what their responsibility and accountability are.

Richard Fuld, Former Lehman CEO, Dodges Questions On Why Bank Failed (VIDEO)

Huffington Post | Ryan McCarthy and Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

In a maddening exchange today between former Lehman Brothers CEO Richard Fuld and Rep. Paul Kanjorski (D - PA.) in front of the House Financial Servic...

Dick Fuld: Former Lehman CEO Claims 'No Recollection' Of Accounting Fraud

AP | ALAN ZIBEL and JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The former chief executive of Lehman Brothers said he has "absolutely no recollection whatsoever" about an accounting maneuver that...

Senior Goldman Exec Is Married to Former Head of ACA

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

A source told me to check out who the head of ACA was married to. "I think you'll find it's a senior woman at Goldman Sachs," he said.

Executive Compensation: A Critique

Alexander Dresner | Posted 05.25.2011 | Business
Alexander Dresner

In 1890, J.P. Morgan pulled in close to 20 times what his employees did annually. Today, CEOs earn more in three hours than minimum wage workers do in a year. This imbalance is both irresponsible and irrational.

How Lehman's Hidden Inner Circle Brought the Bank Down

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

The SEC and FED were inside Lehman Brothers for the last six months of its life. How did they miss all this?

Casting 'Too Big To Fail': Which Celebs Should Appear In The Movie Of The Financial Crisis? (PHOTOS)

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011 | Business

It was just a matter of time before Hollywood got its hooks into the financial crisis. HBO recently announced that it had bought the rights to And...

Regulation Has To Come From Within

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

Does more regulation stop human urges like the excess at Lehman Brothers? You can try, as D.C. is trying now. But in the end, the only person who can stop ambition turning into something insidious is you.

Dodd Calls For Probe Into Lehman Accounting

Posted 05.25.2011 | Business

In a letter to Attorney General Eric Holder, Sen. Chris Dodd (D - Conn.), the chairman of the Senate Banking Committee, called for an investigation in...