iPhone app iPad app Android phone app Android tablet app

Richard Kovacevich

Ex-Wells Fargo CEO: 'Investment Bankers Are Risky, Not Investment Banking'

The Huffington Post | Alexander Eichler | Posted 07.26.2012 | Business
Read More: Investment Banks, Sanford Weill, Richard Kovacevich, Phil Gramm, Wall Street, Commercial Banks, Wells Fargo, Investment Bankers, Financial Reform, Commercial Banking, Financial Crisis, Glass-Steagall Act, Sandy Weill, Investment Banking, Glass-Steagall, Video, Business News

Banks don't lose money. People lose money. That seems to be the feeling of Richard Kovacevich, the former chairman and CEO of Wells Fargo. "Why thi...

Read Whole Story

Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 05.25.2011 | Business
Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News
Leo W. Gerard

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

Read Whole Story

The Offer They Couldn't Refuse: When Paulson Met With Big Bankers

New York Times | Mark Landler and Eric Dash | Posted 05.25.2011 | Business
Read More: JP Morgan Chase, Nationalizing Banks, Depression, Economy, Bailout Plan, Jamie Dimon, Well Fargo, Recession, Richard Kovacevich, Bailout, Finance, Henry Paulson, Banks, Personal Finance, Wall Street Crisis, Wall Street, Business News

WASHINGTON -- The chief executives of the nine largest banks in the United States trooped into a gilded conference room at the Treasury Department at ...

Read Whole Story