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Investment Bank

Eleazar David Melendez

Traders Bullied Colleagues As Large Losses Became Apparent

HuffingtonPost.com | Eleazar David Melendez | Posted 03.15.2013 | Business

As top executives inside a JP Morgan trading unit confronted massive losses on derivatives, they were so desperate to limit the damage that they did m...

Lehman Brothers Suing Citi Over Huge Account

AP | Posted 02.10.2012 | Business

NEW YORK -- Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment ba...

Goldman Sachs Sued By Regulator Over Risky Mortgages

AP | ALEX VEIGA | Posted 10.09.2011 | Business

LOS ANGELES — The U.S. regulator of credit unions on Tuesday sued Goldman Sachs & Co. for more than $491 million in damages over losses incurred...

Morgan Stanley Reports Loss In Second Quarter

AP | PALLAVI GOGOI | Posted 09.20.2011 | Business

NEW YORK - Morgan Stanley is reporting a loss $558 million for the second quarter. The investment banks' earnings took a hit from converting an invest...

Fund's Bet On Post-Failure Lehman Brothers Could Reap Huge Rewards

Wall Street Journal | MATT WIRZ, MIKE SPECTOR and TOM MCGINTY | Posted 07.10.2011 | Business

Hedge-fund manager John Paulson made $4 billion betting against subprime mortgages, the market that ultimately helped destroy Lehman Brothers Holdings...

Morgan Stanley's Profit Get Cut In Half From One Year Ago

Posted 06.21.2011 | Business

Morgan Stanley's first-quarter profit dropped nearly 50 percent, hurt by a decline in fixed income trading revenue. The investment bank and brokera...

Deutsche Bank Pays Investment Bankers More Than Goldman Sachs

Bloomberg | Gavin Finch | Posted 05.25.2011 | Business

Deutsche Bank AG, Germany's biggest bank, set aside more in compensation for employees of its corporate and investment bank in the first nine months o...

I'll Just Stick to the Math!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

I decided I needed to do something instead of just sitting around complaining about how we were getting ripped off by Wall Street, so I threw my two cents into the debate about the economy by writing my first Huffington Post blog.

Die Hard Producer, Lethal Weapon Sues Goldman For $30 Million

DailyFinance | Sarah Weinman | Posted 05.25.2011 | Business

According to the Hollywood Reporter, Joel Silver claims in a filing with the Los Angeles Superior Court that Goldman Sachs failed to pay $30 million o...

Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Goldman was not assisted by the government to become a voracious and even heftier investment bank. Rather, one can presume that the government's assistance was to prevent systemic failure.

Sorkin On What Happened After Lehman

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.

JPMorgan Chase In Slump, Profit Drops 50 Percents

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — JPMorgan Chase & Co.'s profit fell 50 percent in the first quarter after the bank took a provision of $5.1 billion to strengthen its ...

Does Goldman Deserve Its Golden Status?

Seeking Alpha | Posted 05.25.2011 | Business

Goldman Sachs (GS) continues to be the favorite investment bank for many, but market instability and its premium valuation has analysts debating its p...