No, Social Security Is Not Broke
There's good reason to doubt that the Trojan Horse entered Troy on this very date in 1184 BC, but there's no doubt you need to know seven and one half...
There's good reason to doubt that the Trojan Horse entered Troy on this very date in 1184 BC, but there's no doubt you need to know seven and one half...
The Huffington Post | Amanda L. Chan | Posted 02.21.2012
According to a recent study from the University of Southern California, Wall Street life may not be as great as it seems -- at least, when it comes to...
The Huffington Post | Alexander Eichler | Posted 02.15.2012
The life of a Wall Street banker is glamorous -- if you don't mind grappling with alcoholism, eating disorders, Crohn's disease and arthritis. Thes...
Jedediah Purdy | Posted 03.21.2012
This is how we've learned to talk about our economy: as a matter of personal virtue and vice, from the overdrawn consumer to the one-percenter with the fifteen percent tax rate and some senators' private numbers in his iPhone.
Posted 01.04.2012
LONDON, Jan 4 (Reuters) - Global investment banking fees hit their lowest level for three years in 2011, costing $5 billion in lost income compare...
Bloomberg | William D. Cohan | Posted 12.27.2011
We are witnessing the decline and fall of the investment-banking profession as we have known it for the past 40 years. The evidence is everywhere. ...
Jim Egan | Posted 02.05.2012
In pursuing a brand comeback strategy, UBS' "We Will Not Rest" ad campaign is false and misleading, and reveals a UBS orientation in stark contrast to its claims.
John R. Talbott | Posted 01.18.2012
I got introduced to speak at Occupy San Diego tonight as an ex-investment banker from Goldman Sachs. So, I started my talk by saying, "I was an investment banker, and I'm sorry." I then went on to list the top ten ways you know you are dealing with an investment banker.
Monika Mitchell | Posted 01.08.2012
My dear friend Rasanath was revealed as a born-again banker in his new incarnation as Bhakti Yoga monk. RD left the gilded halls of investment banking two weeks before the fall of Lehman in September 2008 to take a vow of poverty and chastity in search of deeper truth.
Posted 11.27.2011
Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to...
Posted 11.21.2011
Bank of America Corp (BAC.N) dismissed 13 investment bankers in its industrials group and may cut more, Bloomberg reported on Tuesday, citing two ...
Jared Dillian | Posted 11.20.2011
I was an ETF trader at Lehman Brothers, so I had the same job as Kweku Adoboli, the UBS trader arrested recently for concealing $2 billion in losses. And I gotta tell you: it is hard to go rogue in the electronic age.
HuffingtonPost.com | Alexander Eichler | Posted 10.25.2011
As their industry shifts focus and work becomes ever more demanding, junior investment bankers are saying they're less satisfied with their jobs, acco...
Ramnath Subramanian | Posted 10.25.2011
In this culture, I have grossly and subtly ingested the notion that I should not have any weakness -- so much so that when I came in touch with my natural human limitations, it was painfully embarrassing.
Mellody Hobson | Posted 10.04.2011
The big umbrella statement, however, is that as scary as this period may seem, this is not the time to radically alter your own personal financial journey.
Posted 08.29.2011
A former Lehman Brothers managing director has been arrested on charges of forging a prescription to buy drugs. Bradley Jack, formerly of the faile...
The Huffington Post | Bonnie Kavoussi | Posted 08.27.2011
Goldman Sachs, the country's fifth-largest bank by assets, plans to hire 1,000 people in Singapore while laying off a significant number of workers at...
Howard Steven Friedman | Posted 07.13.2011
The dismal science has bred a fascinating collection of prominent species. While many economists toil away in obscurity, a small set of economists rise to fame, fortune or even both.
Posted 06.19.2011
NEW YORK (Reuters) - Goldman Sachs Group Inc posted stronger-than-expected quarterly profit, earning more money from bond trading than analysts ha...
Robert Teitelman | Posted 05.25.2011
Today there's sensitivity to the dangers of regulatory arbitrage when regulatory regimes widely vary either nationally or internationally -- although, so far, there are few answers to resolve this beyond gestures toward coordination.
Manisha Thakor | Posted 05.25.2011
"I'd heard the banking experience would be 'challenging,' but I didn't expect it'd be so hard to break into a conversation of men in their late 40's sharing their rowing memories from their East Coast summer camps."
The New Yorker | John Cassidy | Posted 05.25.2011
A few months ago, I came across an announcement that Citigroup, the parent company of Citibank, was to be honored, along with its chief executive, Vik...
AP | PALLAVI GOGOI | Posted 05.25.2011
NEW YORK — Morgan Stanley's earnings rose 60 percent in the last three months of 2010 on strong investment banking results. The New York bank e...
Dan Solin | Posted 05.25.2011
Don't rely on predictions by anyone about the direction of the markets or what to buy or sell in 2011. No one can predict random events. If your broker couldn't call the worst crash in 50 years, why do you believe his predictive skills have improved?
AP | STEPHEN BERNARD | Posted 05.25.2011
NEW YORK — Goldman Sachs Group Inc.'s earnings easily beat analysts' forecasts again, but the bank saw a big slowdown in trading, its most profi...
The Huffington Post | Mark Gongloff | Posted 04.24.2012