Wall Street banks

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Latest blogosphere posts tagged “Wall Street banks”

  • What Do Americans Want?


    StupidicaAuthority Authority: 177
    What is the overriding lesson learned about this year of promised “hope” and “change,” given the politics, public scandals and shifting social behavior that have permeated American pop culture? I dont think Americans know yet what they want. But they are pretty clear on what they dont want. They dont want Bush, ...
    1 day ago
  • "Monetary Policy" Transfers Your Children’s Future Earnings to the Financial Elite


    Bear Market InvestmentsAuthority Authority: 155
    By Charles Hugh Smith, OFTWOMINDS The bail-out of Wall Street and the banking and mortgage industries is not monetary policy; it is a massive transfer of wealth from future taxpayers to the Financial Power Elite. The monetary-policy terminology of “quantitative easing” and “bail-out” is a masterstroke ...
    5 days ago
  • January 28 NYC Event — Whalen on Zombie Banks and The Real Economy: Are the Two Compatible?


    Bear Market InvestmentsAuthority Authority: 155
    Zero Hedge It is a little sad reading today’s comment from Marla about SAC putting the kabosh on the inside trading story by Thompson-Reuters , but not surprising.  Remember that when Clinton Gilbert published The Mirrors of Wall Street in 1933, he did so annonymously. Even with Putnam as the ...
    5 days ago
  • Translating “Bankerese…..”


    tvanderwell on SmartHippo.comAuthority Authority: 139
    This is pretty funny and I hate to say it, probably pretty accurate….. Translating Citigroup’s CEO | The Big Picture By Barry Ritholtz – December 19th, 2009, 3:00PM Charlie Peabody of Portales Partners “deconstructed” an internal memo of Vikram Pandit, Citi’s CEO, on the bank’s repayment of the TARP ...
    6 days ago
  • Banks Have Exited TARP…So?


    Understanding GovernmentAuthority Authority: 142
    Recently, Bank of America, Citigroup and Wells Fargo have joined with Treasury Department officials to proudly announce their exit from the Troubled Asset Relief Program. The Washington Post’s Steven Pearlstein is appropriately skeptical : By rushing to cash in their chips, however, the administration not only ...
    1 week ago
  • The Bankers Summit and Some Significant No-Shows


    Jesse's Caf AmricainAuthority Authority: 619
    Some White House Banking summit.A one on one with Jamie Dimon and a few second tier, TARP-bound moneylenders. John Stumpf of Wells Fargo is running late but surely on his way. Tied up signing some last minute foreclosures.It appears that Goldmans Lloyd Blankfein, John Mack of Morgan Stanley, and Dick Parsons of ...
    2 weeks ago
  • Citigroup Says It Has Reached a Deal to Repay Bailout Funds


    Business Finance & Economy - business.marc8.comAuthority Authority: 165
    Citigroup will become the last of the big Wall Street banks to exit the bailout program after reaching a deal to repay the remaining $20 billion of federal aid.
    2 weeks ago
  • ACORN Document Dump: Citibank Jeopardizes Customers for ACORN


    Big GovernmentAuthority Authority: 817
    What does the Persian Gulf emirate of Dubai and ACORN have in common?  Both of them have some bankers on Wall Street worried.  When brokers and traders returned to work after the Thanksgiving Holiday, the Dow Jones Industrial Average went on a wild rollercoaster ride dropping as much as 233 points during the trading ...
    2 weeks ago
  • Andrew Ross Sorkin’s Book Reveals The Inner Truths Of US Financial Meltdown


    Thaindian NewsAuthority Authority: 739
    By Ranjan BhaduriDec.10, (THAINDIAN NEWS) The world economy went through one of its most pathetic phases last year when the Wall Street banks collapsed and this led to a worldwide recession and unprecedented job layoffs in various organizations. Recently, Andrew Ross Sorkin, a senior columnist and editor working in ...
    2 weeks ago
  • Democrats Push For Reinstatement Of Glass-Steagal


    Bear Market InvestmentsAuthority Authority: 155
    Zero Hedge In what is the start of the biggest uphill battle in D.C., arguably even bigger than deposing the printing press leprechaun, five democrats are proposing an amendment to reinstate Glass-Steagal, whose repeal, through the Larry Summers orchestrated Gramm-Leach-Bliley Act, in 1999 set the ...
    2 weeks ago
  • Frontrunning: December 3


    zero hedgeAuthority Authority: 736
    The Wall Street Journal: The country needs a new Fed Chief ( WSJ ) Steve Rattner reminds people he still exists: Bernanke deserves our thanks ( WaPo ) Roubini on lessons from Dubai: Dont assume government backing for state owned businesses ( Forbes ) Must read: Fudging losses is easy when the FDIC does it, too "The ...
    3 weeks ago
  • The Housing Crisis and Wall Street Shame


    The LA ProgressiveAuthority Authority: 486
    The $75 billion federal program designed to bribe banks to modify mortgages has been a bust. No one knows the exact number of mortgages that have been modified (that will be reported next month) but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    4 weeks ago
  • IMF Chief Shares Concerns About The Economy, Excess Liquidity, The Sino-US Coupling, And Wall Street Compensation


    Bear Market InvestmentsAuthority Authority: 155
    Zero Hedge In an interview with Le Figaro, Dominique Strauss-Kahn shares his thoughts on a variety of economic subjects. Notable is his desire for central banks to begin soaking up the “water” which was used to put out the “1929-style” fire. Then again, as the Chairman has said, there is no ...
    4 weeks ago
  • Questions for Bernanke


    Bits & PiecesAuthority Authority: 133
    The hearing focused on the proposed renomination of Ben Bernanke as Federal Reserve Chairman will be held on December 3, 2009.  I am surprised that President Obama still supports this guy.The Cunning Realist, thoughtful as always, has prepared a list of questions that the legislators owe it to their constituents to ...
    4 weeks ago
  • Is America Finally Starting to Stand Up To Wall Street?


    Bear Market InvestmentsAuthority Authority: 155
    Zero Hedge → Washington’s Blog . Are the American people finally starting to stand up to Wall Street? Shareholder Revolt Some of Goldman Sach’s biggest shareholders are demanding that executive compensation be reduced. As the Wall Street Journal notes : Their complaints in ...
    5 weeks ago

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