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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...

The Uptick Rule

Mar 12, 2009
Bankers have been debating bringing back the uptick rule for months, if not years. This week the debate made it to Capitol Hill. Senior Editor Paddy Hirsch gives a quick and dirty explanation of what the uptick rule is, and why it could be reinstated to turn the American taxpayer into one of Citigroup's biggest stockholders. Senior Editor Paddy Hirsch explains.
Whiteboard Uptick rule
Marketplace

Those brilliant Citigroup execs

Mar 12, 2009
Remember the big day Citigroup's stock had on Tuesday? It climbed 38%, a whopping 40 cents. Well, that 40 cents helped four Citigroup executives...

Is the Dow irrelevant?

Mar 10, 2009
Wall Street's having its best rally of the year today, and reports like this attribute it to Citigroup. The bank claims it was profitable the...

By the bank sword

Mar 9, 2009
Is it that easy to say "let them fail?" Republican Senators Richard Shelby and John McCain said it yesterday on national TV. But saying it and...

We don't want your stinkin' money

Mar 9, 2009
An angry backlash is brewing at the country's smaller, healthier banks. At least two banks, Minnesota's TCF and Louisiana's Iberiabank, have...

I can't see the transparency

Mar 6, 2009
A few weeks ago, Treasury Secretary Tim Geithner unveiled the Financial Stability plan, the next phase of government intervention into the...

For public good, not for profit.

Wow, somebody doesn't like Geithner

Mar 4, 2009
Yesterday, I mentioned a book coming out next week called "House of Cards." It's about the collapse of Bear Stearns. Another excerpt was...

Just take your clients to Putt-Putt

Feb 25, 2009
Now that Northern Bank's been busted for hosting a golf tournament, the other bank lemmings are lining up to do their part. Today, Morgan Stanley...

Will there be blood?

Feb 25, 2009
I just read a very compelling interview with respected Harvard historian Niall Ferguson. Here's the interview by the Toronto Globe and Mail, and...