JP Morgan makes $4.8 billion in quarter

Jul 15, 2010
JP Morgan Chase earnings are up significantly quarter over last year. The robust numbers were unexpected in a currently volatile stock market.
Posted In: Banks

Outlook for banks improving over last year

Jul 15, 2010
Last year, the Treasury's stress tests found 10 of the 19 biggest U.S. banks likely couldn't weather a severe recession. Now, banks are expected to be in the black.
Posted In: Banks

SEC considers settling lawsuit against Goldman

Jul 15, 2010
The Securities and Exchange Commission is talking to Goldman Sachs about settling its lawsuit against the bank over its actions during the housing collapse.
Posted In: Banks, Investing

Reform bill grazed past shadow banks

Jul 14, 2010
Kai Ryssdal talks to Marketplace editor Paddy Hirsch how the financial reform bill barely touched on shadow banks, "alter egos" larger banks use to cover up risky investments.
Posted In: Banks

Small banks more prone to failure?

Jul 14, 2010
Small banks are having a hard time paying back their TARP money and are more vulnerable to failure and government take over -- but some experts say that small bank failures is just par for the course.
Posted In: Banks

Fed: More lending to small businesses

Jul 12, 2010
Fed Chair Ben Bernanke wants banks to start lending again to small businesses after two years of very tight lending, but some critics say the economy hasn't recovered enough for businesses to risk taking out a loan.
Posted In: Banks, Retail

Question on banks lending

Apr 12, 2010
From: Howard Goldberg Sent: Monday, April 12, 2010 9:31 PM To: Hirsch, Paddy Subject: Your White Board Explanations are great and fun....I...
Posted In: Banks, lending, whiteboard

Collateral calls

Mar 24, 2009
Millions of Americans are wondering why AIG has paid so much taxpayer money to other banks. One reason is because AIG has had to honor "collateral calls" -- demands made by banks on the insurance contracts it's written. Senior Editor Paddy Hirsch explains,
Posted In: AIG, Banks, whiteboard

Geithner on Marketplace

Mar 23, 2009
Marketplace host Kai Ryssdal just taped an interview with Treasury Secretary Tim Geithner. The interview airs this evening, but I sat in on the...
Posted In: bailout, Banks, Geithner

Hurricane AIG

Mar 18, 2009
As I've pointed out the last couple days, I worry that the whirling dervish of AIG's bonuses might be diverting our attention from issues more...
Posted In: AIG, bailout, Banks, bonuses