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Banks pass stress tests, Goldman fails an employee review
Josh Brown Mar 14, 2012
Big U.S. banks passed a round of stress tests conducted by the Fed. Meanwhile, one former Goldman Sachs employee is speaking out on the corporate culture there, which he claims leaves much to be desired.
The Goldman op-ed: Is what Greg Smith said true?
Kai Ryssdal Mar 19, 2012
A former executive at Goldman Sachs resigned with a scathing editorial blasting the bank, which he calls "toxic." We dissect his op-ed and discuss what everyday Americans should think of Wall Street now.
Federal Reserve releases banks' stress test results
Heidi N. Moore Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Rule encouraging whistleblowers to come forward
Gregory Warner Mar 13, 2012
Whistleblowers at American corporations are sending thousands more tips to the Securities and Exchange Commission to take advantage of a program that can make turning in your employer more lucrative than winning the lottery.
Explaining insider trading
Paddy Hirsch Mar 8, 2012
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Wall Streeter enraged at $300 cab fare, forgets how Wall Street works
Heidi N. Moore Mar 3, 2012
A high-level Morgan Stanley investment banker was charged with a hate crime in Connecticut after a dispute over a $300 cab fare.
Chase slips up
Tess Vigeland Mar 2, 2012
A JPMorgan Chase executive said this week that clients who have less than $100,000 in deposits are unprofitable for the bank. New York bureau chief Heidi Moore discusses consumer reaction to that statement, and what it means for the bank.
Why the banks want you to pay with your phone
John Moe Feb 29, 2012
Barclay’s, JPMorgan Chase, and Capital One announced that they’ll launch a trial program for a mobile payment system this summer, joining the ranks of Google Wallet and other mobile payment programs.
Ordinary investors may be missing out on Dow's run-up
Adriene Hill Feb 29, 2012
The Dow closed at 13,005 -- its highest finish since 2008. It's a milestone you might guess would make investors happy, but not everyone has made big money.
Explaining proprietary trading and its risks
Paddy Hirsch Feb 23, 2012
Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
