Investment Banks

Harvard MBAs: When Fewer Take Jobs On Wall Street, It May Indicate A Rising Stock Market

nytimes.com | Cyrus Sanati | Posted 11.06.2009 | Business


Fewer Harvard M.B.A. graduates took jobs on Wall Street this year than in the past as a result of the sharp contraction in the financial services indu...

Shahien Nasiripour

At Goldman Sachs, It's Mostly $100 Million Days

HuffingtonPost.com | Shahien Nasiripour | Posted 11.05.2009 | Business


On three out of every five days this year, Wall Street's leading firm has made at least $100 million trading stocks and bonds, and creating and enteri...

Obama Administration Determined to Usher in New Great Depression

Allison Kilkenny | Posted 10.21.2009 | Business


Allison Kilkenny

Whatever one thinks of Paul Volcker, any amateur historian can see that he's right to want to keep investment banking separate from commercial banking.

Big Bank Profits Spark Rally in Cocaine, Hooker Sectors

Andy Borowitz | Posted 10.15.2009 | Comedy


Andy Borowitz

The historic profits notched by the nation's biggest banks are starting to have a positive impact on the broader economy, with the cocaine and hooker sectors showing striking gains.

Blankfein Interview: Goldman Sachs CEO Lloyd Blankfein Says Firm Got No Special Treatment, Plans Bonuses For 2009

The Wall Street Journal | HOLMAN W. JENKINS JR. | Posted 10.11.2009 | Business


Sitting across from me now in his comfortable office on the 30th floor of company headquarters in lower Manhattan, Goldman's CEO Lloyd Blankfein profe...

Fleecing the USA Again: Non-Performance-Based P3 Banker Fees

Michael Likosky | Posted 09.28.2009 | Business


Michael Likosky

If the recovery is done right, we can forge public-private partnerships akin to the Second World War. However, our least patriotic institution, the large scale investment bank, seems to have something different in mind.

Life Insurance -- Bankers' New Best Friend

Christopher Brauchli | Posted 09.24.2009 | Business


Christopher Brauchli

This latest financial instrument is a guaranteed win-win almost for sure.

Banking's Good, Bad And Ugly

Dan Dorfman | Posted 09.21.2009 | Business


Dan Dorfman

So far this year, 94 banks have failed and another 500 to 1,000 may go belly up in the next two to three years. Let's take a look at our nation's banks.

Chairman Bernanke, We Don't Believe It Is Over

Michelle Kraus | Posted 09.16.2009 | Politics


Michelle Kraus

There is a reason that the American people are losing ObamaHope. It's not just unemployment. The reality cuts much deeper than the everyday lives of normal people.

Top Canadian Banker Explains Green Strategy

Diane Francis | Posted 09.15.2009 | Green


Diane Francis

Canada's banking system is one of the best regulated, and modulated, in the world, which is why no Canadian financial institution went bust during the 1930s Depression.

Could We Expect Anything From the Pittsburgh Summit of the G-20?

Georges Ugeux | Posted 09.12.2009 | World


Georges Ugeux

Never was the G-20 intended to be anything else than a technical forum meeting twice a year. It has no power, no administration, let alone any authority.

Obama's Missed Moment

Les Leopold | Posted 09.11.2009 | Business


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.

Beer, Cigarettes and Flat Screen TVs: Targeting the Poor in Times of Economic Crisis

C. Nicole Mason | Posted 09.09.2009 | Home


C. Nicole Mason

When it comes to lending a helping hand to poor people, there seems to be a double standard. The government requires states to match funds for poverty relief, while banks get stimulus money without a fee.

Simon Johnson on the Evidence for Overmighty Finance

Robert Teitelman | Posted 10.18.2009 | Business


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.

Citibank Really Needs to Rethink This Poster

Jessica Olien | Posted 09.30.2009 | Business


Jessica Olien

A new banner unfurled across Citibank's window depicts a man with a bowl cut. He is grinning manically. And he's perched atop a unicycle.

AIG Bailout Enters New Phase -- With "Even More Generous Payments For Some Banks"

New York Times | Posted 09.12.2009 | Business


The bailout of the American International Group has entered another phase -- one that includes even more generous payments for some banks....

Yes, We Can Make Wall Street Pay for its Own Bailouts

Charlie Cray | Posted 08.28.2009 | Business


Charlie Cray

Obama did advance the financial reform agenda in his July 22 press conference by calling for a transaction fee for exotic instruments such as credit derivatives.

From Lehman to Landscaping: A Laid-Off Banker, One Year Later

P.G. Sittenfeld | Posted 08.13.2009 | Business


P.G. Sittenfeld

After losing my job, I watched Lehman's stock price until the whole ship went under last fall. I needed a new source of income, so I moved to Dublin, Ohio to work for a lawn care company.

How Iceland's Lawyers Enabled Fraud

Iris Erlingsdottir | Posted 08.09.2009 | World


Iris Erlingsdottir

The lack of clear ethical rules and the frontier justice mentality in Iceland continues to cause confusion and raise questions about the legal profession's ability to regulate itself in Iceland.

Trying to Fix the Broken 401(k) System

Garrett Johnson | Posted 08.07.2009 | Business


Garrett Johnson

Representative George Miller is waging a lonely war against powerful enemies. He's trying to reform the 401(k) system, a system that most on Wall Street don't want reformed.

I Just Don't Get It

Larry Gellman | Posted 07.25.2009 | Politics


Larry Gellman

It seems pretty clear that Obama is actually insisting that we change the approach that led the economy off a cliff. I just don't get it.

Lesson Learned

Sen. Fritz Hollings | Posted 06.29.2009 | Politics


Sen. Fritz Hollings

We're bailing out the economy boat desperately with stimulation, but the financial leadership opposes plugging the hole in the hull from offshoring.

A New Style of Investing for a New Day

Kevin Jones | Posted 06.27.2009 | Business


Kevin Jones

Hollywood may be remaking Wall Street, but the days of Gordon Gekko and the "greed is good" mantra are behind us. Now it's becoming a reality in the investment community.

Banks Earned $7.6 Billion In First Quarter Profits

AP | MARCY GORDON | Posted 06.27.2009 | Business


WASHINGTON — The nation's banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years an...

Banks Lobby To Be Both Buyers and Sellers In Troubled Asset Program

wsj.com | DAVID ENRICH, LIZ RAPPAPORT and JENNY STRASBURG | Posted 06.27.2009 | Business


Some banks are prodding the government to let them use public money to help buy troubled assets from the banks themselves. Banking trade groups are...