Charles Ferguson: How A Bank Self Destructs
One fascinating question about the financial crisis is how and why the CEOs of major banks could have tolerated behavior that destroyed their own companies.
One fascinating question about the financial crisis is how and why the CEOs of major banks could have tolerated behavior that destroyed their own companies.
DailyFinance | BRUCE WATSON | Posted 05.25.2011
In 2008, as the economy seemed to be in free-fall, pundits, politicians and the public cast about in search of the ultimate villain, the Wall Street w...
Huffington Post | Nathaniel Cahners Hindman and Ryan McCarthy | Posted 05.25.2011
Former Bear Stearns CEO Jimmy Cayne is scheduled to testify before the Financial Crisis Inquiry Commission today, and his testimony is sure to be mem...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
We've compiled breaking updates of the Financial Crisis Inquiry Commission's hearing today on "the shadow banking system." Today's testimony includes...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
The former chief executive officer of failed investment bank Bear Stearns endorsed Congress's push to mandate federal re-regulation of derivatives. ...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
The former chiefs of failed investment bank Bear Stearns plan to tell an investigative panel Wednesday that the firm's demise was due to nothing more ...
Janet Tavakoli | Posted 05.25.2011
Charles Gasparino may break some Wall Street gossip, but don't look to him for cutting-edge insightful analysis. After-the-fact reporting is not the same as being "ahead" of everyone else.
Huffington Post | Ryan McCarthy | Posted 05.25.2011
If you thought that the executives at Lehman Brothers and Bear Stearns paid dearly in when their firms famously imploded last year, think again. A ne...
Posted 05.25.2011
UPDATE: AIG's Joseph Cassano is BACK in U.S. soil. Check out info on his "surprisingly modest" home here. Absence makes the heart grow fonder. Well...
Rabbi Shmuley Boteach | Posted 05.25.2011
We must take action to stop the greed and corruption on Wall Street.
Portfolio | Posted 05.25.2011
We asked a group of eight former prosecutors and other legal experts (some of whom asked to remain anonymous) about which of the meltdown's disgraced ...
Huffington Post | Julie Satow | Posted 05.25.2011
Here's former Bear Stearns CEO Jimmy Cayne's view on Fed Chair Timothy Geithner: "This guy thinks he's got a big d--. He's got nothing, except maybe ...
CNBC | Vicky Ward | Posted 05.25.2011
Billionaire Jeffrey Epstein is going to jail on sex charges, and Vicky Ward, a CNBC contributor, discusses the details....
New York Times | Landon Thomas | Posted 05.25.2011
Call it the curse of Dick Grasso. Eliot Spitzer in 2004, pointing out what he said was evidence that Richard A. Grasso had received excessive compens...
New York Times | Posted 05.25.2011
Mr. Cayne, on his second to last day as chairman of Bear, presided over the meeting at the firm's auditorium, which was filled with more than 400 empl...
New York Times | Landon Thomas, Jr | Posted 05.25.2011
After 59 years, Alan C. Greenberg is still trading away at Bear Stearns, the troubled Wall Street bank that is about to disappear. Ask about his retir...
New York Post | PAUL THARP and ZACHERY KOUWE | Posted 05.25.2011
From today's New York Post: Anger has reverberated all week throughout the gloomy Madison Avenue offices, where dethroned chief Jimmy Cayne has walke...
Vince Farrell | Posted 05.25.2011
Maybe Bear deserved to fail, or maybe it was just bad luck to be in the cross-hairs at the wrong time. But I can see how stockholders and employees would be enraged.
The Deal | Yvette Kantrow | Posted 05.25.2011
Losses are mounting. CEOs are quitting. Bonuses are plummeting. And here's what we've learned about what's going on on Wall Street these days from rea...
Charles Ferguson | Posted 05.21.2012