"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Doug Henwood So the trading desks of four big investment banks—Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase—made money every working day last quarter, a 63-day streak. Goldman never made less than $25 million a day, and over $100…
Prosecutors ask if 8 banks duped rating agencies This adds to existing criminal and civil probes into Goldman, JPMorgan, and Morgan Stanley. The top execs at those firms need to go to prison after forfeiture of assets. Nothing less will…
Our once-respected investment banks appear to be just a bunch of sleazy thieves, don’t they? They aren’t elegant, they aren’t smarter, they’re just slimier and utterly devoid of ethics. It’s time to take out the garbage on Wall Street.
The real battle now is nation-states vs. the global economic system, says John Robb. The economic system will win. Nation states will hollow out and become mere shells of themselves. The clear and unambiguous message to every citizen of the…
The probes are centering on whether or not JPMorgan, a top derivatives holder in precious metals, acted improperly to depress the price of silver, sources said. Gosh, it’s looking more and more like our fabled investment banks are just a…