Larry Fink, BlackRock’s founder and chief executive, on Tuesday took aim at the “luxurious” trading profits enjoyed by Wall Street banks, saying that they have taken advantage of reduced competition to charge their customers more for even basi…
Posts Tagged ‘wall’
House Dems To Geithner: Stop Backroom Deals With Wall Street
Now that bailed-out banks are reporting record-breaking profits, the U.S. taxpayer, who bought into these institutions at bottom-barrel prices, could wind up on the winning end of a nice profit. That’s what happens, after all, when you buy low…
Vivian Norris de Montaigu: Wall Street: A (Sometimes Deadly) Insiders Game
The reasons why some banks are protected and others are left to fail reaches up to the highest echelons of power.
Panel Probing Financial Crisis Has Wall Street Ties
WASHINGTON — Two appointees to a congressional panel investigating the financial crisis work for law firms that represent either Wall Street or its antagonists, raising concerns about the commission’s impartiality and likely effectiveness.
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Les Leopold: Wall Street and Anti-Semitism
With unemployment rising to depression-like levels, we should be mindful of depression-like hatred.
Michael Shaw: Reading the Pictures: Reaching The High Court On The Backs Of White Heroes
Talk about wedge tactics. Take a look at this line of New Haven firefighters filing into the Sotomayor confirmation hearings Wednesday morning. (If you…
Arianna Huffington: Shattering the Right vs. Left Prism Once Again: The Wall Street Journal Goes After Goldman and the Bank Bailout
Reading the opinion section of the Wall Street Journal this morning is convincing proof that those who want a progressive financial policy and those who simply want to save capitalism are in agreement about the madness of the administration’s Wall Street policies. There, on the editorial page of the capitalist Bible, was a piece taking repeated shots at Wall Street darling Goldman Sachs. And, over on the opposite page, a two-fisted op-ed by former hedge-fund manager Andy Kessler in which he labels the government bailout of Wall Street “a dumb move” and “a bust.” We’ve now reached the point where the only people defending the administration’s Wall Street policies are the people benefiting from them — or their good friends, Tim Geithner and Larry Summers.
Robert Teitelman: Goldman, J.P. Morgan and Wall St.’s original sin
Every high school biology student (if they’re awake) knows the story of the famous experiment concocted by Columbia’s Harold Urey many decades ago. Urey used…
Les Leopold: Happy Days are Here Again! (Here = Wall Street)
What did Goldman Sachs actually do that was useful for society, after having helped to drive our economy off a cliff? And why aren’t our elected leaders doing something about it?
Raymond J. Learsy: Wall Street Stampedes To The Aid of the Oil Speculators!
Are banks meant to help the economy or to go back to business as usual in helping to destroy it?




Yoani Sanchez: Relics and Souvenirs, and The Berlin Wall In Cuba
A Generation Y reader sent me a piece of the Berlin Wall. The fragment of concrete has come to me, a person also surrounded…