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Too Big to Fail

Hank Paulson: 'A Young Paul Newman' Would Best Portray Me On Film

Postcards | Patricia Sellers | Posted 05.25.2011 | Business

In an interview with John Mack at NYU's Stern School last night, Patricia Sellers writes, "...Mack truly flustered the former Treasury boss when he as...

HBO's 'Too Big To Fail' Movie: Andrew Ross Sorkin's Book Acquired By HBO | Posted 05.25.2011 | Media

An HBO movie about the 2008 financial meltdown is finally moving. HBO has acquired rights to Too Big to Fail, the bestselling book by New York Times r...

Richard Fisher, Dallas Fed President, Urges New Pact To Break Up Big Banks | Scott Lanman and Michael McKee | Posted 05.25.2011 | Business

March 3 (Bloomberg) -- Federal Reserve Bank of Dallas President Richard Fisher called for an international pact to break up banks whose collapse would...

Dallas Fed President: Break Up Big Banks

James Kwak | Posted 05.25.2011 | Business
James Kwak

Seen in an abstract light, we can have no assurance that any new regulations will actually work to prevent a financial crisis or defuse one, so the safer option is to break up the big banks.

Shahien Nasiripour

Fresh Ideas From Leading Thinkers For True Financial Reform | Shahien Nasiripour | Posted 05.25.2011 | Business

What will it take to fix the nation's broken financial system? If anyone really knows for sure, it's the great minds gathering in New York for a confe...

Credit Default Swaps Are Dangerous, US Taxpayers Are Still On The Hook

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

Derivatives are responsible for much of the interconnectedness between banks and other institutions that made the financial collapse accelerate in the...

Dodd & Corker's Financial Deal: "Bipartisan"? Sure. "Creative"? Maybe. Effective? No.

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

It's bad enough that consumers are likely to get the short end of the stick with the Dodd-Corker financial regulation deal. What may be even worse is that it's a recipe for bureaucratic gridlock and regulatory impotence.

Peter Boone and Simon Johnson:

Shooting Banks | Peter Boone and Simon Johnson | Posted 05.25.2011 | Business

Rahm Emanuel famously said, "You never want to let a serious crisis go to waste." But, as the White House begins to campaign for the November midterms...

Deceptive Big Bank Ads Will be Key to Election 2010

Mary Bottari | Posted 05.25.2011 | Politics
Mary Bottari

Groups for and against the current financial reform bills have already conducted their polls, polished their messages and are starting to engage in ad-war skirmishes.

Capitalism Is Dead, Long Live the Billionaire Bailout Society

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Is it still capitalism when bankers can "earn" a record $150 billion in bonuses during the worst financial year since the Great Depression, even though they caused the crash in the first place?

Elizabeth Warren: It's Bank Lobbyists vs. American Families In Fight For Financial Reform

Posted 05.25.2011 | Business

Elizabeth Warren appeared on "Real Time With Bill Maher" Friday evening to discuss financial reform. Warren, the chair of the Congressional Oversight...

Move Your Money Update: More Americans Considering Community Banks

NPR | 6:07 a.m. | | Posted 05.25.2011 | Business

Bailouts and bonuses have many Americans frustrated with big banks. Some consumers think these giant institutions have lost touch with customers and b...

Too Big To Lose

Daniel Lubetzky | Posted 05.25.2011 | Business
Daniel Lubetzky

Big firms wield so much influence that they can manipulate the outcome of their trades.

In The Public Interest: A Senator Stands Up To A Deceptive TV Ad

Ed Mierzwinski | Posted 05.25.2011 | Business
Ed Mierzwinski

Kudos to U.S. Senator Jon Tester (D-MT) for criticizing TV ads running in Montana and around the country which claim that Congressional efforts to rei...

BankBreakUp.Org: Valentine's Day Themed Bank Campaign Launched | Posted 05.25.2011 | Business

"This Valentine's Day, it's time to break up with the big banks." Click below to see the full campaign....

Grayson Explains Capitalism To Banks (VIDEO)

Posted 05.25.2011 | Politics

"In capitalism, winners have to win and losers have to lose." Representative Alan Grayson (D-Fla.) laid out one of the most basic principles of capi...

Big Bank Customers Move Their Money And Explain Why

Posted 05.25.2011 | Business

Americans fed up with the lack of financial reform and the behavior of big Wall Street banks are moving their money to smaller community banks and cre...

Arthur Delaney

Bill To Move New Mexico's Money 'Has Legs' | Arthur Delaney | Posted 05.25.2011 | Politics

A bill to move New Mexico's money out of big national banks and into local banks and credit unions has some serious legs in the state's legislature. ...

Shahien Nasiripour

No Longer Too Big To Fail? Credit Rating Agency Thinks So | Shahien Nasiripour | Posted 05.25.2011 | Business

The giant credit rating agency Standard & Poor's issued a stark warning Tuesday to creditors of Citigroup and Bank of America, two firms that up until...

Let's Call It "Pocketbook Populism"

Mark Green | Posted 05.25.2011 | Politics
Mark Green

Time to take back "populism" from Teabaggers and Palinites who've kidnapped it to only mean less government and taxes. Democrats need to define a phrase and philosophy that tells Independents we're on your side.

Citi Derivatives | Laurie Carver | Posted 05.25.2011 | Business

Credit specialists at Citi are considering launching the first derivatives intended to pay out in the event of a financial crisis. The firm has drawn ...

Congress, Not the Regulators, Must Draw Hard Lines

Ted Kaufman | Posted 05.25.2011 | Business
Ted Kaufman

Risk taking is a fundamental part of finance. Without risks, markets don't work. But the balancing act between safety on one side, and growth and innovation on the other, cannot tilt too far in the wrong direction.

New Import: "Too Big To Fail"

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Ranking the largest banks in the world, it's not until the number seven slot that we find a US bank: JP Morgan Chase. What's this mean? We can't solve the issues of derivatives, leverage, and short-sighted financiers until we talk to the rest of the world.

Big Banks: 18 Ways to Break Them Up | HENRY ALFORD | Posted 05.25.2011 | Business

MANY economists say the nation's banks are too big. Here are some ways to break them up: Have the bank marry Larry King or Elizabeth Taylor....

Fed Governor Kevin Warsh: 'No Bank Should Be Too Big To Fail'

The Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

The debate over Ben Bernanke's reappointment, and his approach to the financial system, may after all have had some impact. In a speech yesterday, Ke...