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Finance

Tales From Lehman's Crypt: How Former Employees Are Faring

The New York Times | LOUISE STORY and LANDON THOMAS Jr. | Posted 11.12.2009 | Business

Read More: Layoffs, Finance, Layoff Stories, Wall Street, Banks, Lehman, Lehman Brothers, Recession, Bankruptcy, Business, Economy, Business News

True, thousands of financial industry jobs have vanished and several of the country's best-known banks and brokerage firms have disappeared. Since a p...

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Little Change On Wall St. A Year After Lehman Collapse

New York Times | Alex Berenson | Posted 11.11.2009 | Business

Read More: Financial Industry, Wall St, Wall Street, Finance, Economy, Meltdown, Wall Street Meltdown, Financial Crisis, Wall Street Pay, Business News

One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little....

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Obama's Missed Moment

Les Leopold | Posted 11.10.2009 | Business

Read More: Financial Crisis, Wall Street, Health Care, Barack Obama, Economic Crisis, Wealthy Tax Cuts, Health Care Speech, Investment Banks, Finance, Derivatives, Business News
Les Leopold

All Barack Obama had to do was to address, and then focus, the anger felt all over America about the incredible rip-off that is called Wall Street.

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The Financial Identity Crisis

Schuyler Brown | Posted 11.08.2009 | Business

Read More: Banking, Branding, Banking Crisis, JPMorgan Chase, Banks, Money, Finance, Business News
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.

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Simon Johnson on Bank State Capture

Robert Teitelman | Posted 11.08.2009 | Business

Read More: Bank, Robert Teitelman, Simon Johnson, Lehman Brothers, Finance, Economy, The Baseline Scenario, Business News
Robert Teitelman

As a sector, what is the optimal size for finance? And how far should we shrink it down to achieve the kind of real growth that will reduce unemployment and drive incomes across the board?

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Soldier of Fortune

Yvette Kantrow | Posted 11.08.2009 | Media

Read More: General Electric Co.'s Jeff Immelt, Ram Charan, Finance, Fortune Magazine, Economy, Nalco Co.'s Erik Fyrwald, Chauncey Gardiner, Warren Buffett, Business, Avon Products Inc.'s Andrea Jung, Waste Management Inc.'s David Steiner, Media News
Yvette Kantrow

Ram Charan's article, "My (Recovery) Playbook," is a feature-length, reported story, complete with upbeat quotes from CEOs -- some of whom also happen to be clients of none other than Ram Charan.

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Government Faces Tough Decisions About How To Stabilize Mortgage Market

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business

Read More: Finance, Fha, Freddie Mac, Banks, Mortgages, The Fed, Fannie Mae, Federal Housing Authority, Lending, Housing Crisis, Economy, Refinancing, Business News

Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...

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"Lad's Culture": Report Finds Sexism In Britain's Financial Institutions

The Independent | By Robert Verkaik | Posted 10.22.2009 | Home

Read More: Uk, The City, Sexism, Finance, Banks, Wall Street, Discrimination, Economy, Home News

Women working in banks and other financial institutions told the EHRC that workers who become pregnant routinely face redundancy, and that recruitment...

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Crash Of A Titan: The Inside Story Of Lehman Brothers' Fall

The Independent | Stephen Foley | Posted 10.22.2009 | Home

Read More: Fed, Lloyd Blankfein, Goldman Sachs, Paulson, Finance, Bankruptcy, Wall Street, Banks, Lehman Brothers, Bernanke, Economy, Home News

One year ago, the assembled brains of the Fed and Wall Street sealed the fate of one of its oldest banks. In this gripping account of that weekend las...

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Other Economists in the Room

Jane Smiley | Posted 10.19.2009 | Business

Read More: New York Times Magazine, No-Nothing, External Costs, Dickens, Marx, The Shock Doctrine, Hoover Institution, Trollope, Amazon, Palo Alto, Alan Greenspan, Finance, Keynes, Communist Manifesto, Proust, Oil, New York Times, Exxon, Frued, Kiev, Paul Krugman, Business News
Jane Smiley

I don't disagree with Paul Krugman, but he is missing out on some big issues that also need to be discussed and understood before we actually know what is going on in our world.

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Simon Johnson on the Evidence for Overmighty Finance

Robert Teitelman | Posted 10.18.2009 | Business

Read More: Economic Data, Willem Buiter, Simon Johnson, Economics, Benjamin Friedman, Finance, The Baseline Scenario, John Plender, Investment Banks, Business News
Robert Teitelman

For all its influence, economics doesn't really have much to say about something as fundamental (and yes, complex) as the relationship between the size of the financial sector and growth in the real economy.

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Taking on Jim Cramer

Jim Randel | Posted 10.17.2009 | Business

Read More: Investing, Tax Credits, Finance, Fed, Economy, Foreclosure, Real Estate, Business, Housing Crisis, Jim Cramer, Business News
Jim Randel

Jim Cramer may like housing stocks, but if he is betting his ranch on the fact that housing prices will spike again like they did in the early part of this century, he'd better hedge his bets.

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From Bank of America, Two Different Stories About Tracking Bailout Funds

Huffington Post Investigative Fund | Ben Protess | Posted 09.25.2009 | Business

Read More: Citi, Treasury Department, Citigroup, Finance, Bank of America and Treasury Department, Banks, SEC and Bank of America, Wall Street Bailout, Bailout, Huffington Post Investigative Fund, Bank of America, Merrill Lynch, Ken Lewis, Bank of America Statement, Bofa, House Financial Services Committee, Business News

Is Bank of America, the nation's largest bank, tracking how it spends $45 billion in taxpayer funds? That depends on which Bank of America statement ...

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Analysts Mystified By Fannie, Freddie's Surge In Stock Price

The Washington Post | Zachary A. Goldfarb | Posted 09.25.2009 | Business

Read More: Banks, Fannie Mae, Freddie Mac, Stocks, Finance, Bernanke, Business News

On Monday, Fannie Mae jumped 41.7 percent, to $1.70 per share, with nearly 824 million shares bought or sold during regular trading hours. Freddie Mac...

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Ben Bernanke Says U.S. Economy On Cusp Of Recovery

AP | JEANNINE AVERSA | Posted 09.21.2009 | Business

Read More: Jackson Hole, Finance, Banks, Bernanke, Recession, Federal Reserve, Obama, Stimulus, Fdic, Economic Stimulus Package, Wyoming, Economic Recovery, Ben Bernanke, Economy, Financial Crisis, Business News

JACKSON, Wyo. — Federal Reserve Chairman Ben Bernanke on Friday offered his most optimistic outlook since the financial crisis struck, saying th...

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Congress on Sale! Saints of the Hill Who Take Less Than $20,000 in Health Care $$ - The List - Part VI

Brian Ross | Posted 09.21.2009 | Politics

Read More: 111th Congress, Politics, Campaign Giving, Finance, Political Contributions, Health, Health Care Reform, Representatives, Political Influence, Health-Action, Health Care, Special Interest Money, Health Care Special Interest Money, Senators, Politics News
Brian Ross

While they land on either side of the fence on the issue, these are some of the most interesting players in the unfolding health care reform drama.

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Kenneth Rogoff: Opinion: Why We Need To Regulate Banks Sooner, Not Later

Financial Times | Keneth Rogoff | Posted 09.20.2009 | Business

Read More: Finance, Banks, Kenneth Rogoff, U.S. Treasury, Henry Paulson, Bear Stearns, Bailout, Banking Regulation, Business News

When in doubt, bail it out," is the policy mantra 11 months after the September 2008 collapse of Lehman Brothers. With the global economy tentatively ...

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UBS To Divulge 4,450 Account Names, More Expected

AP | STEPHEN OHLEMACHER | Posted 09.19.2009 | Business

Read More: Ubs, Switzerland, Irs, UBS and IRS, Finance, Swiss Banks, Swiss Bank Accounts, Banks, Tax Havens, UBS Taxes, Business News

WASHINGTON — The U.S. pulled back the veil on Switzerland's famed tradition of banking secrecy Wednesday, winning an agreement for banking giant...

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Nouriel Roubini: A Phantom Economic Recovery?

Business Standard | Nouriel Roubini | Posted 09.19.2009 | Business

Read More: Finance, Nouriel Roubini, Global Economy, Economic Crisis, Debt, Recession, Economic Recovery, Economy, Business News

Data from the US -- rising unemployment, falling household consumption, still declining industrial production, and a weak housing market -- suggest th...

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Smaller Bonuses At Goldman Sachs?: Analysts Predict Political Backlash Will Turn Tide

New York Times | Cyrus Sanati | Posted 09.18.2009 | Business

Read More: Goldman Sachs, Finance, Wall Street, Banks, Goldman Sachs Bonuses, Wall Street Bonuses, Pali, Pali Capital, Business News

Despite the scrutiny it has drawn for setting aside nearly $11.4 billion in the first half of the year to pay its employees, Goldman Sachs is showing ...

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Supreme Court To Hear Case On Executive Pay

New York Times | ADAM LIPTAK | Posted 09.17.2009 | Business

Read More: Supreme Court, CEO Pay, Jones v. Harris Associates, Executive Pay, Wall Street, Finance, Mutual Funds, Judge Posner, Bonuses, Harris Associates, U.S. Supreme Court, Business News

Last summer, Richard A. Posner, a federal appeals court judge, issued a surprising and prescient dissent. Executive pay is out of control, he said, an...

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Not Your Father's Recovery: Signs Point To Weak Economic Rebound

Washington Post | Neil Irwin | Posted 09.17.2009 | Business

Read More: Small Business, Jobless Rate, Gdp, Wall Street, Finance, Economy, Banks, Federal Reserve, Economic Recovery, Financial System, Job Growth, Business News

Washington Post: The wounded U.S. economy has shown signs of improvement in recent weeks. But many economists, who were caught off guard by the bruta...

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6 Simple Secrets To Manifesting Financial Wealth Today

Jack Canfield | Posted 09.14.2009 | Living

Read More: Jack Canfield, Financial Wealth, Success, Chicken Soup for the Soul, Wealth, Finance, Money, Money Secrets, The Balanced Life, Living News
Jack Canfield

The supply of money is truly infinite once you apply certain principles that have made millionaires and billionaires over and over again.

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Bridging the Financial, Political and International Divides

Mark Goulston, M.D. | Posted 09.06.2009 | Living

Read More: Bill Clinton, Finance, Economy, Foreign Affairs, Economic Crisis, Financial Crisis, Mark Goulston, Arianna Huffington, North Korea, Living News
Mark Goulston, M.D.

To most people it feels counter-intuitive to listen deeply to where the other is coming from. They worry that in doing so they will lose their advantage or be manipulated.

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JP Morgan Chase CEO Jamie Dimon: Time to Walk the Talk on Coal

Bruce Nilles | Posted 09.06.2009 | Green

Read More: Dirty Coal, Massey Energy, JPMorgan Chase, Jamie Dimon, Finance, Coal, Sierra Club, Green News
Bruce Nilles

JPMorgan Chase is pouring billions of dollars into dirty coal plant projects -- projects that would dramatically increase global warming pollution and ensure runaway global warming.

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