Displaying all articles tagged:

Wall Street

  1. power
    Wall Street Geniuses Just Can’t Figure Out How Not to Harass Women#MeToo is “creating a sense of walking on eggshells,” according to one man, who oversees $1.5 billion in assets.
  2. wall street
    Goldman CEO Is Shocked – Shocked – to Find Fraud Is Going On in HereCEO David Solomon said that he is “personally outraged” over his bank’s role in abetting financial fraud in Malaysia.
  3. 2008
    Steve Bannon on How 2008 Planted the Seed for the Trump Presidency“That lit a match, and the explosion was Trump.”
  4. 2008
    Sheila Bair on What Hasn’t Changed Since the Great Recession“The financial system we have is basically the financial system we had in 2008.”
  5. What a Foreclosure-Boat-Tour Operator Saw During the Great Recession“It breaks my heart to see what I had to do to a guy who had nowhere to go.”
  6. 2008
    We Are Still Living in the Ruins of the 2008 CrashTen years after Wall Street’s doomsday, how the financial meltdown broke the modern world and left us living in this one.
  7. Major Investors Believe a Populist Democratic Government Is ComingPortfolio managers are trading bank stocks for cash, fearing a Democratic takeover of the House will embolden the party’s progressive wing in 2020.
  8. No, Democratic Populism Won’t Force Republicans to Accept Big GovernmentReihan Salam wants Republicans to develop a positive agenda of universal programs the white working class will embrace. It’s not going to happen.
  9. Regulators Fine Wells Fargo $1 Billion for Abusing ConsumersThe penalty is the largest that the Consumer Financial Protection Bureau has ever imposed on any lender.
  10. The 4 Biggest Banks Have Already Made $2.3 Billion Off Trump’s Tax CutsThe president promised that his tax law would not favor the “wealthy and well-connected.”
  13. The Democratic Party Is Moving Left – Except When You’re Not LookingSenate Democrats’ support for an indefensible bank bill shows that when public interest is low, Wall Street can still run Team Blue’s show.
  14. Goldman CEO Lloyd Blankfein Is Reportedly Preparing to Step DownMore time to let the beard grow.
  15. Trump Bids Good-bye to Gary Cohn — and Empirical RealityThe president’s worst impulses had been constrained by deference to the stock market and corporate America. Now, he’s thumbing his nose at both.
  16. Democrats to Gut Banking Regulations, for Bipartisanship’s SakeIn the Senate, lawmakers put aside their differences, and work together to help banks abuse consumers and jeopardize our financial system.
  17. keeping up with the kardashians
    Kylie Jenner Tweets, Snapchat Loses a Billion DollarsThe influencer tweeted that she wasn’t a fan of Snapchat’s recent redesign, which has frustrated users and worried investors.
  18. select all
    Kylie Jenner Tweets, Snapchat Loses a Billion DollarsHer criticism of the app exacerbated investor fears.
  19. wall street
    Money Manager Busted for Posing As Rival in Online Sex AdsCyberbullying hits Wall Street.
  20. Some Wall Street Traders Preparing for ‘Big, Fat Zeroes’ in Bonus SeasonBreak out the tiny violins.
  21. select all
    How a Group of Computer Geeks and English Majors Transformed Wall StreetIn the 1980s, a quiet hedge fund located above a Marxist bookstore launched a revolution that would change finance (and give us Amazon).
  22. corporate feminism
    Wall Street Has Finally Found a Way to Cash in on Sexual-Harassment StoriesA new exchange-traded fund will only invest in major corporations that have strong policies against sexual harassment.
  25. millionaires and billionaires
    Billionaire Republicans Privately Diss Trump“He’s amusing as my friend, but he’s not very amusing as president of the United States. And I’m a Republican.”
  26. Fake Democrat Urges Democrats to Favor Wall StreetDemocrats “should strengthen ties to Wall Street,” even though America hates Wall Street.
  27. corporate feminism
    Bank Responsible for Fearless Girl Statue Settles Gender Pay Discrimination SuitState Street agreed to pay out $5 million on Wednesday.
  28. Fed Chair Warns Trump Not to Roll Back Wall Street RegulationsJanet Yellen offered a vigorous defense of financial reform on Friday — and may have jeopardized her future at the central bank in the process.
  29. Instead of a Reassuring Senior Communications Director, Trump Chose the MoochAt a time when the White House could benefit from a steady, respected hand to run the communications shop, Trump went in a very different direction.
  30. Gary Cohn Is the Front-runner to Replace Yellen As Fed Chair: ReportThe former Goldman Sachs president could soon lead one of the most powerful regulators of Wall Street.
  31. GOP Congressman Loses $17 Million on Biotech StockChris Collins got House Republicans discounted shares in a biotech firm. Now he’s facing an ethics investigation, and the stock has plummeted.
  32. Goldman Sachs Accused of Giving ‘Lifeline’ to Venezuela’s Socialist DictatorAs Nicolás Maduro’s forces kill protesters and poor Venezuelans starve, the bank’s bond deal put $865 million into the ruling regime’s coffers.
  33. art du jour
    Artist Protests Fearless Girl by Installing Pissing Pug Statue Beside It“It has nothing to do with feminism.”
  34. Markets Start to Wonder If the President Might Be an Incompetent LunaticWall Street was sure Trump would be a disaster, until he won. Now, its blind euphoria at the prospect of tax cuts is starting to fade.
  37. Chaos in Washington Dimming Prospects for GOP Tax CutsCongress was already running out of time to enact tax reform this year. Now all hell has broken loose, and Wall Street isn’t thrilled.
  38. Trump Says Infrastructure Plan Is ‘Largely Completed,’ Just Weeks AwayBut then, the president says a lot of things.
  39. Republican Uses Obama’s Wall Street Speaking Fee to Justify Dodd-Frank RepealA testament to the GOP’s shameless mendacity — and the former president’s misjudgment.
  40. Barack Obama Reportedly Accepts $400,000 for a Wall Street SpeechObama is poised to make nearly twice his presidential pension for delivering remarks at a conference run by Cantor Fitzgerald.
  41. Why It’s Going to Take Another Financial Catastrophe to Fix Wall StreetThe man who oversaw the bailout in 2008 is not optimistic about the banking industry under President Donald Trump.
  42. The GOP Just Voted Against States’ Rights to Shield Wall Street From CompetitionRepublicans just a passed a bill that expands federal regulation, discourages saving, and restricts competition, for Wall Street’s sake.
  43. Hedge Fund Giant Bill Ackman Admits Valeant Investment Was a ‘Big Mistake’His firm, Pershing Square Capital, took $4 billion in losses on an investment in pharma company.
  44. After Health-Care Flop, Markets Worry Trump Is ‘All Talk, No Action’After Trumpcare failed to reach the House floor, Wall Street loses confidence in the president’s capacity to deliver a large corporate tax cut.
  45. The Markets’ ‘Trump Bump’ May Be OverStocks saw their steepest drop since Trump’s election, as investors fret about the president’s legislative prowess.
  46. Yet Another Goldman Sachs Banker Is Headed for the Trump AdministrationWall Street sees Deputy Treasury Secretary nominee Jim Donovan as a check on Steve Bannon’s economic nationalism.
  49. Bill Ackman Finally Cuts His Losses on ValeantThe billionaire hedge-fund manager staked his reputation on turning around the controversial pharmaceutical company. That was a bad bet.
  50. horrible things
    This Dude Humping the ‘Fearless Girl’ Statue Is the Actual Worst“It was utterly revolting.”
  51. Trump Announces Plan to Let Wall Street Scam America AgainForcing financial advisers to do what’s best for their clients is “like putting only healthy food on the menu,” says Gary Cohn.
  52. wall street
    For Wall Streeters Who Bet Long on Trump, It’s Bonus TimeAfter getting behind their very unlikely candidate, a few financiers are salivating over the dividends.
  53. Trump Picks Wall Street Lawyer to Enforce Laws on Wall StreetNew Securities and Exchange Commission chairman Jay Clayton does not seem like a drain-the-swamp kind of guy.
  54. The GOP Wants to Drain the Swamp of Wall Street’s Enemies by Any Means NecessaryRichard Cordray can’t be fired without cause from the Consumer Financial Protection Bureau until 2018. But the GOP is determined to find a cause.
  55. Here’s What the Markets Expect From President TrumpTrump’s America will be a great place for banks and for-profit colleges — but not for hospitals — according to the Wall Street hive mind.
  56. Donald Trump Shoots Down Boeing’s Stock PriceTrump cancels an “order” of new 747 Air Force One planes over Twitter, and one of the largest companies on the Dow sees its share price slide.
  57. Dow Hits New High, As Trump Eases Wall Street’s Economic AnxietyIt’s starting to seem like what’s good for the stock market might not, necessarily, be good for humanity.
  58. Trump Has Made Wall Street Giddy AgainWall Street was expecting new regulations. Now it’s getting deregulation, tax cuts, and cabinet positions — because the “populist” won.
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