banks

This morning I attended a breakfast on financial reform hosted by the Agenda Project's Erica Payne. The purpose was to crystallize the issues most pertinent to the financial reform debate in these crucial weeks leading up to full Senate…

Bank Failure Friday TD Bank, National Association, Wilmington, Delaware, Acquires All the Deposits of Three Florida Institutions FDIC: Failed Bank Information - Bank Closing Information for City Bank, Lynnwood, WA FDIC: Failed Bank…

I just posted on Goldman's fraud charges this morning with my article "SEC Charges Goldman Sachs With Fraud; May The Perp Walks Begin." Below are my (now updated) thoughts on the case having seen more of the information…

We know that JPMorgan is not substantially increasing lending anytime soon. And we also know that banks are recapitalizing courtesy of a steep yield curve and near zero rates, what I would call free money.  What I didn't know is how…

We are now hearing former Merrill Lynch CEO Stan O'Neal's side of the story for the first time since he resigned in October 2007. In a story by William Cohan in Fortune Magazine, O'Neal paints a picture of Merrill's fall from grace that at…

JPMorgan Chase had a blowout quarter for earnings. We're talking earnings of $3.3 billion for the quarter here.  That's up over 50% from last year's already high $2.1 billion. Does that signal an increase in lending? No. If you read…

I hadn't intended to write this post, but I caught the back end of a lot of chatter about the Swedish banking crisis response and needed to set the record straight on what actually happened in Sweden. Andrew Ross Sorkin wrote what I would…

Just yesterday, a Special Investigation Commission report was released in Iceland which criticized the handling of the country's top three banks and the crisis that ensued when they collapsed. Seven top officials were said to have acted…

These videos are from the Inaugural Institute of New Economic Thinking (INET) conference in Cambridge. Hat Tip Mark Thoma.

Marshall Auerback here with a report from King’s College, Cambridge, where some of the world’s policy makers and thought leaders are gathered to discuss a new direction for economics. Over the last thirty years, we have steadily moved from…