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Too Big to Fail

Dylan Ratigan Dresses As Thomas Jefferson, Warns Against "Gambling Casinos" (VIDEO)

Posted 05.25.2011 | Media

On MSNBC's Morning Meeting on Friday, host Dylan Ratigan celebrated Halloween by donning a wig and dressing in revolutionary garb like his favorite Fo...

Stop the Abuse: It's Time to Break Up With Your Big Bank

Bill Maher | Posted 05.25.2011 | Business
Bill Maher

I'm talking to all of you that keep doing your banking at the giant, too big to fail, Wall Street banks that brought our economy to the brink of disaster. It's time to break up with your banker and get the hell out.

7 Things Wall Street Can Be Thankful For This Year (PHOTOS, POLL)

Posted 05.25.2011 | Business

A little more than one year after the financial crisis brought the economy to a standstill -- threatening nearly every firm on Wall Street -- one thin...

Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail" | Shahien Nasiripour | Posted 05.25.2011 | Business

The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...

Obama Bank Tax: Follow The Latest Updates On Twitter!

Posted 05.25.2011 | Business

As several news outlets are reporting this morning, the Obama administration is pondering a levy on the nation's largest -- and riskiest -- banking in...

Shahien Nasiripour

Too Big To Fail: House Proposal Would Allow Feds To Break Up Biggest Banks | Shahien Nasiripour | Posted 05.25.2011 | Business

A key House Democrat released on Wednesday his much-awaited proposal to end "too big to fail": Let the federal government break them apart. Paul Kanj...

Is There a Change In the Weather at Goldman Sachs?

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

A news item appeared this week that at least seems to offer reasonable hope that Goldman is beginning to use its good fortune to help remedy the foundering fortunes of Main Street America.

Community Bank Confidential: An Insider's Perspective on Why Community Banks Deserve More of Our Business Now

Berdell Knowles, Jr. | Posted 05.25.2011 | Los Angeles
Berdell Knowles, Jr.

Citizens in every community have an obligation to support their community bank, and to make sure the bank fulfills its mission in the community.

The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 05.25.2011 | Business
Rep. Paul Kanjorski

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

Move Your Money: Arianna And Rob Johnson Explain How Moving Your Money Can Change The System

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna and Rob Johnson, director of the Economic Policy Initiative at the Franklin and Eleanor Roosevelt Institute, urged Americans to move their mon...

Shahien Nasiripour

State Regulators: Dodd's Bank Bill Creates Another 'Too Big To Fail' Problem | Shahien Nasiripour | Posted 05.25.2011 | Business

State bank regulators are warning that Senate Banking Committee Chairman Christopher Dodd's proposal to create one monolithic federal bank regulator w...

Arianna Discusses Executive Compensation, Dick Cheney On Morning Joe

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna Huffington and Gayle King of "O" magazine joined the Morning Joe round table on Friday morning to discuss Dick Cheney's recent criticism of t...

Nouriel Roubini: 'Too Big To Fail' Revisited | Nouriel Roubini | Posted 05.25.2011 | Business

Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...

Spitzer On Breaking Up Big Banks: White House Just Doesn't Get it (VIDEO)

Posted 05.25.2011 | Business

Former governor of New York, and attorney general, Eliot Spitzer criticized the White House this morning for being "the only institution that doesn't ...

Why a Business Writer Wishes Wall Street Wasn't Such a Big Story

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

The American citizen in me makes me wish that people like Vikram Pandit of Citigroup and Lloyd Blankfein of Goldman Sachs weren't such a big part of American life that the country's economy rises and falls on their bad bets.

One Year Later: The Post-TARP Questions We Should Be Asking

Dear John Thain | Posted 05.25.2011 | Business
Dear John Thain

While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.

Arthur Levitt: We Need An Orderly Way To Let Companies Fail | Arthur Levitt | Posted 05.25.2011 | Business

Financial policymakers focused on rewriting the rulebook for financial markets have spent months debating issues related to consumer protections, syst...

Too Big To Get Wrong

Robert E. Diamond, Jr. | Posted 05.25.2011 | Business
Robert E. Diamond, Jr.

There's no bank and there's no banker that hasn't made mistakes in recent years, including me. We recognize our responsibility.

U.K. Signals "Too Big To Fail" Banks May Be Broken Up

Wall Street Journal | Jeffrey Sparshot | Posted 05.25.2011 | Business

The WSJ reports (on-line): "The U.K.'s top treasury official Sunday said the government is starting a process to rebuild the country's banking system,...

Shahien Nasiripour

Bailout Watchdog: Shutting Down TARP To Be Tricky, Government Does Not Have Plan To Address 'Too Big To Fail' | Shahien Nasiripour | Posted 05.25.2011 | Business

Of all the problems that plague TARP -- including its lack of transparency and disclosure, shifting goalposts, and an unclear purpose -- there's one t...

In the Public Interest: Rein in the Financial System That Failed

Ed Mierzwinski | Posted 05.25.2011 | Politics
Ed Mierzwinski

In my 20 years in Washington, I've witnessed the deregulation of the financial marketplace and the ruin that goes along with it. I am determined not to let it happen again.

Too Big To Fail, Too Small To Survive

Huffington Post | Marcus Baram and Grace Kiser | Posted 05.25.2011 | Business

On Wall Street, they may be popping the champagne bottles over big bank profits this past quarter. But times are tough for small to mid-size banks aro...

Bill Maher Explains Why You Should Move Your Money (VIDEO)

Posted 05.25.2011 | Business

On the eve of the Financial Crisis Inquiry Commission's first day of hearings, where the CEOs of four of America's largest banks are scheduled to test...

Shahien Nasiripour

Smaller Banks May Be Forced To Subsidize "Too Big To Fail;" Leading House Dem Wants To Change That | Shahien Nasiripour | Posted 05.25.2011 | Business

-This story has been updated- A leading House Democrat plans to introduce Thursday a provision that would require those banks deemed "too big to fai...

The American Bankers Association's 15 Minutes of Fame in Chicago

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

Like termites, the American Bankers Association does most of its damage in the dark. But the ABA is getting a brief period in the limelight this week as a result of the Showdown in Chicago.