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JPMorgan's loss: A sign that Wall Street's mindset hasn't changed
Friday, May 11, 2012
New York bureau chief Heidi Moore discusses why JPMorgan's $2 billion blunder is affecting markets worldwide and how big a $2 billion loss really is.
JPMorgan Chase reveals $2 billion losses
Thursday, May 10, 2012
On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
Fed gives OK for 3 Chinese banks to expand in U.S.
Thursday, May 10, 2012
How significant is this green light from the Federal Reserve and should U.S. banks worry?
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FDIC spells a good, sound sleep for savers
Thursday, April 26, 2012
Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
New push for public banks
Friday, April 27, 2012
They are already in North Dakota and Chicago. Now there's a move to get more state and local governments to use them instead of big private banks.
Small banks struggle to pay off TARP funds
Wednesday, April 25, 2012
The Troubled Asset Relief Program’s inspector general says bailout funds helped community banks, but many are struggling to raise fresh capital.
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How average shareholders can take on the big banks
Thursday, April 19, 2012
A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.
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Shadow banking: Still a threat
Monday, April 16, 2012
Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Wells Fargo and JPMorgan report big profits
Friday, April 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
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Is it time to break up the banks?
Wednesday, April 4, 2012
Commentator Robert Reich says the continued specter of 'too big to fail' compels nothing less.
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Recent comments on our stories..
Times-Picayune to cut back jobs and production schedule
As someone born and breaded in New Orleans I'm sorry to see this news from my hometown paper, but as someone who's found reading it an...
BostonPeng | May 24, 2012
High-frequency trading: Bad for markets... and the soul?
Hi,
First I'd like to thank everyone for listening to what I had to say, it's really an honor to have been on marketplace. Second...
Nick Hanauer on the TED talk, income inequality controversy
If the idea of "trickle-down economics" hasn't worked---when governments have actually *tried* it, rather than a form they...
kingjon | May 18, 2012 Time to bring back Glass-Steagall?
I can finally agree with Robert Reich100%. To our detriment, banks have forgotten that there is a difference between manipulating money, and...
pauliswood | May 16, 2012
