Word: bankses
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Those questions have taken on greater urgency, since it turns out that AIG has become the banking industry's ATM, essentially passing along $52 billion of TARP money to an array of U.S. and foreign financial institutions - from Goldman Sachs to Switzerland's UBS. Those firms were counterparties to the...
Read about Swiss banks.
The argument on the part of the investment houses is simple. If they cannot pay their best people competitive salaries, they will leave. The top 1% may be able to get work at hedge funds or private equity firms, but the financial industry is so crippled by the events of...
Welcome to the SEC Circus I was incensed after reading your article on the lack of accountability and oversight at the Securities and Exchange Commission [March 9]. Thousands of hardworking people lost their jobs and homes as a result of the incredible nonfeasance, misfeasance and probably malfeasance of Christopher Cox...
Among those 10 candidates is Miranda Banks, a sports psychologist who describes herself in her online profile as "dynamic and enthusiastic" and who believes "our people are our wealth." Speaking at the launch on Monday, she matched Obama for optimism, but struggled with the rhetoric. "We'll stick it out...