JP Morgan's chief seeks Old Testament justiceMarketWatchBy Al Lewis. DENVER (MarketWatch) — J.P. Morgan Chase chief Jamie Dimon couldn't apologize enough for his bank's billions of dollars in trading losses, …and more »
ValueWalkWill Index Buyers Rescue Facebook?msnbc.comThe Facebook IPO has inspired more scorn and derision than most people ever would have imagined before its first shares traded last month. Just a few weeks in, and after billions of dollars in losses,…
CBO warns of US falling off ‘fiscal cliff’
[img]http://l.yimg.com/bt/api/res/1.2/oXh_6AJBHy_uEbdrklkymA–/YXBwaWQ9eW5ld3M7Zmk9Zml0O2g9Mjg-/http://l.yimg.com/os/152/2012/04/21/image001-png_162613.png[/img]By ANDREW TAYLOR | Asso…
The most-populous nation has been throwing tens of billions of dollars at its prestige deficit for a decade, all part of an effort to enhance…
(via AFP) Have Primary Dealers Built a Muddle Through Scenario?Bond Market Has Mitigated Some of the Risk, But Don’t Go To Sleep Facebook on Friday…
It seems Jim O’Neill, the head of Goldman’s Asset Management department, is predicting that the United States stock market may go up “15 to 20 percent.” O’Neill apparently believes Ben Bernanke and the Federal Reserve will resort to another round of…
As the world’s eyes turn to Wall Street as a source of financial distress, maybe its time to look at the corporate criminals who have decimated our financial system. White collar or corporate criminals have ripped off the public for billions of do…
There are really only three ways to cripple Wall Street’s democracy-killing concentration of wealth and power: take our money out of Wall Street and the TBTF banks, eliminate private money from elections and abolish Wall Street’s dealer, the Federal R…
A London-based trader named Kweku Adoboli at the Swiss bank UBS was arrested Thursday after being accused of “going rogue” and costing his company an estimated $2 billion. What’s a rogue trader?
Someone who makes trades that haven’t been authorized…
At 9:03 a.m. on September 11, 2001, Britt Newhouse stood in the lobby on the 52nd floor of the south tower of the World Trade Center. After United Airlines Flight 175 banked above the harbor behind him, it was pointed at the 50th floor. If not trimm…
