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Wall Street Banks

Contrasting Cruz and Warren-Pelosi Budget Battles: Why Democrats Have High Political Ground in 2016

Robert Creamer | Posted 12.14.2014 | Politics
Robert Creamer

It is widely understood that the more GOP candidates for president adopt the priorities of the base of their party -- particularly hard-core opposition to immigration reform -- the more difficult it is for them to win general elections.

Wall Street's Too-Big-to-Fail Banks Still Trying to Get Taxpayer Bailouts

Dennis M. Kelleher | Posted 10.06.2014 | Money
Dennis M. Kelleher

The problem is that Wall Street's biggest banks don't want to have to go into bankruptcy if they fail. They want U.S. taxpayers to bail them out like what happened in 2008-2009. They want to keep their jobs, bonuses and reckless gambling.

Community Banks Are Failing; Pawnshops Are Growing

Tanya D. Marsh | Posted 10.25.2013 | Business
Tanya D. Marsh

Five years after the failure of Lehman Brothers, the mega banks have rebounded, community banks that serve vulnerable niches of American consumers, and which played no role in causing the Financial Crisis, are failing, and non-traditional lenders are expanding.

Is There a Difference Between a Third World Autocrat and a Wall Street Mogul?

Robert Creamer | Posted 10.22.2013 | Politics
Robert Creamer

For everyday Americans to once again be able to look forward to giving more opportunities to their children than they themselves experienced in life, America must rein in its own kleptocrats on Wall Street and end the descent into economic inequality that threatens our future.

Money Rules

Leo W. Gerard | Posted 09.21.2013 | Politics
Leo W. Gerard

Banks are corporations, which are legal entities established under rules written by people. Their existence should advance America and Americans. Not the other way around. Many in Congress need to be reminded of that.

Obama's Big Bank Opportunity

Ted Kaufman | Posted 06.18.2013 | Politics
Ted Kaufman

The Obama administration has a big opportunity to get on the right side of history and finally do something about the size, complexity and riskiness of our very largest banks.

Beyond the Pale: 'Too Big to Jail'

Leo W. Gerard | Posted 05.11.2013 | Business
Leo W. Gerard

Banks, after all, are nothing but corporations. Corporations are legal constructs that citizens have the right to rebuild to properly serve society. European countries began doing that last week.

Senator Hurls Damning Accusations Against Big Banks

Posted 02.27.2013 | Business

One senator is accusing Wall Street banks of setting up offshore subsidiaries to avoid paying U.S. taxes. In a statement on the Senate floor Wedne...

World Economic Forum Ended, Crisis Will Continue

Ilias Sourdis | Posted 04.06.2013 | Business
Ilias Sourdis

While bankers and high-profile economists are largely to be blamed for the present crisis, our politicians contradicting their promises for better management of the economy seek financial advices from the same bankers who caused the crisis.

Rein in Wall Street, Say Small Business Owners

John Arensmeyer | Posted 02.01.2013 | Small Business
John Arensmeyer

Considering the oft-politicized nature of this topic, it's noteworthy that not only was this a majority Republican sample, but more than seven in 10 Republican owners believe we need tougher rules for holding Wall Street accountable. Entrepreneurs aren't politically minded, they're business minded.

Banks Whining About Being Accused Of Playing A Role In The Financial Crisis

Reuters | Posted 12.15.2012 | Business

* Officials sue Wells Fargo, JPMorgan * Wells Fargo says complaint overlaps previous settlement * JPMorgan says it did F...

Does JPMorgan's Derivatives Fiasco Portend the Collapse of Crude Oil and Gasoline Prices?

Raymond J. Learsy | Posted 05.21.2012 | Business
Raymond J. Learsy

It is a grotesque symbol of how the Wall Street banks control our government. Mr. Dimon, sir, out of respect to our waning confidence in government institutions, your resignation from the Fed Board is well past due.

Mark Gongloff

Regulator Outlines Strategy To Avoid Future Wall Street Bailouts

HuffingtonPost.com | Mark Gongloff | Posted 07.10.2012 | Business

The problem with banks being too big to fail is not necessarily their bigness, but their failure. Like a runaway train plowing through a city block, a...

Geithner: 'You Can't Legislate Away Stupidity And Risk-Taking And Greed'

Reuters | Posted 06.25.2012 | Business

PORTLAND, Oregon, April 25 (Reuters) - Treasury Secretary Timothy Geithner sought on Wednesday to reassure Americans that the Obama administration w...

Wall Street's Free Lunches

The Huffington Post | Harry Bradford | Posted 03.06.2012 | Business

Even on Wall Street, there's no such thing as a free lunch. But there are free fancy dinners. Most junior bankers on Wall Street are allowed a $25 ...

Don't Crawl to Potter This Christmas

Matt Jordan | Posted 02.09.2012 | Home
Matt Jordan

When you get a chance to watch It's a Wonderful Life this holiday season, remember that the Potters and their parasitic ilk, are still out there waiting for people to lose their faith in community so they can buy what's left of it.

Citigroup, Deutsche Bank Pay Big To Settle Claims They Misled Credit Unions

AP | Posted 01.14.2012 | Business

WASHINGTON — Citigroup Inc. and Deutsche Bank are agreeing to pay a total of $165.5 million to settle federal regulators' claims that they misle...

Cry Baby: Bank of America's CEO Incensed by Criticism

Gordon Whitman | Posted 12.27.2011 | Business
Gordon Whitman

For years, faith, community and civil rights organizations have pushed BofA to stop mass foreclosures and help get the U.S. housing market working. Instead the bank has consistently chosen PR over substance.

Bank of America's Outrageous Debit Fee -- Another Reason to Break Up the Big Wall Street Banks

Robert Creamer | Posted 12.10.2011 | Politics
Robert Creamer

Let's make Bank of America remember the old adage: "The pigs get fat and the hogs get slaughtered." Let's use their own greed to stoke the "Occupy Wall Street" sentiment that is -- quite correctly -- sweeping the country.

Baby Boomer's Method to Occupy Wall Street

Don McNay | Posted 12.07.2011 | Fifty
Don McNay

If I were 22 instead of 52, I'd probably be out on the streets. Instead, like most baby boomers, I'm watching the revolution on television. And supporting the protesters in a middle-aged way.

Why We're Joining #OccupyWallStreet

Jon Kest | Posted 11.30.2011 | New York
Jon Kest

Whether you're a union worker, parent, or one of the millions of people, young and old, who are looking for work with no avail, on Wednesday we will stand together to demand justice.

A Manifesto For Better Banking

Carne Ross | Posted 11.27.2011 | Business
Carne Ross

The banking system is both a cause and an intrinsic part of our current economic and political crisis. Here are some suggestions for a manifesto for the Occupy Wall Street protests currently taking place.

Goldman Sachs Could Be Headed Toward First Loss Since Financial Crisis

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011 | Business

Growing concerns about the weakness of economic growth around the world are increasingly dimming prospects for American financial institutions, amplif...

Goldman Staff Under Pressure To Keep Low Profile

New York Times | Kevin Roose | Posted 09.07.2011 | Business

When Matt Levine, a vice president at Goldman Sachs, announced in May that he was leaving his job to become a full-time writer for Dealbreaker, a sati...

Wall Street Starting To Scale Back Pay On Trading Desks

Posted 09.07.2011 | Business

NEW YORK (Lauren Tara LaCapra) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingl...