Financial Industry

Obama the Impotent

Steven Hill | Posted 09.25.2009 | Politics


Steven Hill

This week saw two showdowns between Europe and the US that have revealed further slippage in American global leadership. The very structure of the American political system is at the heart of these failures.

Little Change On Wall St. A Year After Lehman Collapse

New York Times | Alex Berenson | Posted 11.11.2009 | Business


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

SEC's Tough Talk Won't Stop Madoff Flim Flams

Earl Ofari Hutchinson | Posted 10.19.2009 | Business


Earl Ofari Hutchinson

Ensuring there's no more Madoff type shenanigans has less to do with the SEC having more money, more staff, and more rules than with having the political will to crack the whip on the Wall Street.

The Financial Industry: Who Can You Trust?

Brian Whetten | Posted 07.04.2009 | Business


Brian Whetten

A new book by Jack Calhoun exposes the set of myths that cause investors to billions of dollars each year, and shows you who to trust, and who to avoid in the world of finance.

Sam Stein

Geithner Wins The Night: Not One Question For Obama On Banks

HuffingtonPost.com | Sam Stein | Posted 05.30.2009 | Politics


Barack Obama may have been the host of a prime-time press conference on Wednesday evening, but it was Treasury Secretary Timothy Geithner who had the ...

Laid-Off Financial Professionals Eye Federal Jobs

Washington Post | Tomoeh Murakami Tse | Posted 05.26.2009 | Business


As thousands of New York's financial professionals have lost their jobs since the economic crisis began two years ago, many federal agencies -- backed...

Obama Admin To Unveil New Rescue Plan For Banks

New York Times | STEPHEN LABATON | Posted 03.09.2009 | Business


After weeks of internal debate, the Obama administration has settled on a plan to inject billions of dollars in fresh capital into banks and entice in...

Shameful Bankers: Time for a Revolution

Paul Jenkins | Posted 03.01.2009 | Business


Paul Jenkins

While there are many victims in the colossal Ponzi scheme that is the American economy, few of these victims have not in some way been complicit.

US Bails Out Nation's Credit Union Network

Wall Street Journal | MARK MAREMONT | Posted 02.28.2009 | Business


In the latest effort to prop up a sector of the finance industry, federal regulators on Wednesday guaranteed $80 billion in uninsured deposits at the ...

Financial Industry Faces More Oversight

AP | CHRISTOPHER S. RUGABER | Posted 11.05.2008 | Business


WASHINGTON — With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming week...

Analysts: 200,000 Banking Industry Layoffs Predicted

AP | MADLEN READ | Posted 04.09.2008 | Business


NEW YORK — The U.S. financial industry has been shedding jobs at a record clip, and some analysts predict the pace will only accelerate over the...