JPMorgan’s Christmas Gift to the Rich and the (Relatively) Poor
They're lifting the salary freeze on employees, just in time for bonus season.
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Feds Weren't the Only Thing That Drove Ken Lewis to the Edge
The Bank of America CEO was being hounded by his mother, for one.
Bank of America Posts $1 Billion Loss
This makes us feel less bad about CEO Ken Lewis getting no pay this year.
Sheila Bair Would Rather Eat Worms Than Ask Tim Geithner for Help
And that's the least of what she's willing to do.
Where Citigroup’s Going, They Don’t Need Roads
Citi is becoming a "bank of the future" by catering to folks just like us.
Times Gets In On Goldman Sachs Name-calling Game
The paper of record will see Taibbi's "great vampire squid wrapped around the face of humanity" and raise him an orc.
Certain CEOs Have 30 Days to Convince People They Are Not Morons
Which is going to be tough for some, who have spent the last year convincing people of precisely the opposite.
Most Banks Pass ‘Stress Tests’
Even accounting for the worst possible scenarios, most of the nineteen financial institutions analyzed by the government seem to be capitalized well enough to survive.
Government Seeks to Make Banks Less Profitable As It Acquires Large Stake in Them
The administration has a confusing new plan for the bailout funds.
Meredith Whitney Is Not ‘That Great,’ Okay?
"Before we douse her with more champagne, put her on TV with Charlie Rose and hand over the keys to the Treasury Department, it might be worth taking another look at what really happened."
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