That Huge Bonus May Actually Make You Screw Up
Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...
Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...
The Huffington Post | Alexander Eichler | Posted 05.09.2012
It seems like a law of the universe: Water flows downhill, and bankers eventually get their bonuses. A group of 104 London investment bankers won a...
HuffingtonPost.com | Dan Froomkin | Posted 04.17.2012
WASHINGTON -- A full year after the official deadline came and went, key regulations necessary to enforce the Dodd-Frank financial reform law remain ...
The Huffington Post | Alexander Eichler | Posted 04.04.2012
Ask many of those on Wall Street, and they'll tell you of an industry grappling with a terrible state of affairs. But for those lucky enough to have k...
The Huffington Post | Harry Bradford | Posted 04.04.2012
When it comes to New York office space, Wall Street's no longer king. For the first time ever, financial services firms aren't renting the most of...
The Huffington Post | Harry Bradford | Posted 03.06.2012
Ever partied for $100,000 per hour? One British finance wonder kid seems to have. Alex Hope, a 23-year-old UK foreign exchange trader, reportedly r...
Jesse Kornbluth | Posted 05.04.2012
Polls tell us 51% of Americans believe the bailout of the banks was wrong. An overwhelming majority --- 86% --- disapproves of big bonuses on Wall Str...
Posted 03.01.2012
When the history books make their judgments about pre-crisis Wall Street, they'll come down hard on those salaries for twenty-somethings -- at least a...
HuffingtonPost.com | D.M. Levine | Posted 03.01.2012
While many Wall Streeters are crying poor -- "people who don't have money don't understand the stress," an accounting firm partner tells Bloomberg -- ...
AP | MICHAEL GORMLEY | Posted 04.30.2012
ALBANY, N.Y. -- Wall Street cash bonuses for 2011 are expected to drop 14 percent and profits are expected to drop by half for the second year in a ro...
The Huffington Post | Jillian Berman | Posted 02.28.2012
Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...
The Huffington Post | Jillian Berman | Posted 02.21.2012
One banker is claiming that blowing the whistle on his colleagues' inappropriate behavior cost him millions. Edward Williems, a former senior inve...
AP | ROBERT BARR | Posted 02.21.2012
LONDON -- Lloyds Banking Group has canceled bonus payments for its former chief executive and a dozen other directors over their involvement in the co...
Yvette Kantrow | Posted 04.18.2012
Here we go again. Every few years, when the economic cycle turns, the media serves up stories bemoaning the death-of-Wall-Street-as-we-know-it.
Dennis M. Kelleher | Posted 04.17.2012
Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.
Robert Scheer | Posted 04.09.2012
Our own elections, the ones our government has modeled for the world, are a hoax. What other word should we use to describe this year's presidential election, whose outcome will turn on which party's Super PACs gets the most generous bribes from billionaires?
Dennis M. Kelleher | Posted 04.09.2012
Ignoring all evidence and facts, Wall Street is reported to be "an industry that the White House has thoroughly and repeatedly demonized and demoralized" -- what?
The Huffington Post | Jillian Berman | Posted 02.06.2012
The fallout from the financial crisis has already changed the way much of America views Wall Street. It may also be changing the way the financial ind...
Reuters | Posted 04.05.2012
Feb 3 (Reuters) - Goldman Sachs Group Inc awarded Chairman and Chief Executive Lloyd Blankfein a $7 million restricted stock bonus as part of his 2...
The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012
As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...
Posted 01.24.2012
First it was the layoff announcements. Now it's time for pay cuts. A new type of structural adjustment continues to plague one of America's most i...
The Huffington Post | Jillian Berman | Posted 01.24.2012
Investment bankers are banding together to reportedly sue their former employer, claiming the bank owes them tens of millions of dollars in unpaid bon...
HuffingtonPost.com | Alexander Eichler | Posted 01.21.2012
Payouts declined on Wall Street this year, as the major financial firms tried to steer through several quarters of lawsuits, layoffs, jittery markets,...
The Huffington Post | Bonnie Kavoussi | Posted 01.20.2012
Reports are creeping out that yesterday's bonus day wasn't all fun and games at America's most iconic investment bank. Goldman's profits fell in 2...
The Huffington Post | Alexander Eichler | Posted 01.23.2012
Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...
Posted 05.10.2012