Wall Street : The Bullpen
Paul Brandus

Paul Brandus: Why does Wall Street hate Obama?

The titans of Big Finance are raking it in like never before

Wall Street : Business
A man walks on the sidewalk in front of the JP Morgan Chase building in New York City.

Breaking up the big banks

A "long-standing truth-teller" on the excesses of too-big-to-fail banks says they need to be broken into pieces

Wall Street : Business
Wall Street traders might just have to get used to the "new normal."

Is the culture of Wall Street bonuses changing for good?

"Compensation is way too high," says Morgan Stanley's CEO. "I'm sort of sympathetic to the shareholder view that the industry is still overpaid."

Wall Street : Artifact
"I have no qualms about fetching coffee, shining shoes, or picking up laundry, and will work for next to nothing," writes one brave Wall Street intern applicant.

Wall Street: The anatomy of the 'best cover letter ever'

A young finance major looking for an internship wins over hotshot investment bankers by admitting there's nothing special about him

Wall Street : Analysis
Elizabeth Warren on AIG's potential lawsuit against the government: "Outrageous."

AIG, greed, and legislative stupidity

Even if AIG sues the government that bailed it out, Democrats and Republicans alike would be wrong to yell at the company's board

Wall Street : Analysis
The New York Stock Exchange, founded in 1817, was purchased by a little-known derivatives exchange for $8.2 billion.

The sale of the NYSE and the death of stocks

An upstart derivatives exchange buys the venerable New York Stock Exchange, confirming, analysts say, that derivatives are hot, and stocks are not

Wall Street : Analysis
The U.S. government invested an almost-unfathomable $182 billion in AIG.

Was the AIG bailout a success?

The government made a tidy profit of $22.7 billion. But a celebration may be a tall order

Wall Street : First Reactions
After Citi slashed 11,000 jobs, its stock price spiked 7 percent.

Citigroup sheds 11,000 jobs: What's next for the mega-bank?

The purge could be the first step in a more dramatic overhaul

Wall Street : Opinion Brief
Wall Street and the 1 percent were banking on a Romney win. When he lost, the market dropped 300 points the next day.

Wall Street's bad election bet

The Masters of the Universe overwhelmingly backed Mitt Romney. And after his landslide loss, they're stung by their startling lack of influence

Wall Street : Instant Guide
A customer uses a Bank of America ATM in North Carolina: Bank of America allegedly had a hand in pushing Fannie Mae and Freddie Mac to the brink of bankruptcy. 

'The hustle': A guide to Bank of America's alleged mortgage fraud

The feds accuse the bank of dumping toxic loans on Fannie Mae and Freddie Mac, an alleged scheme reportedly at the heart of the 2008 financial crisis

Wall Street : Burning Question
In his first interview since publicly resigning from Goldman Sachs, Greg Smith tells Anderson Cooper on 60 Minutes that he hoped the op-ed would be a wake-up call.

Why I Left Goldman Sachs: Is the bank's most famous quitter a con man?

Greg Smith famously left the investment bank with guns blazing. But his new book reportedly fails to back up his provocative claims

Wall Street : Opinion Brief
Vikriam Pandit's abrupt resignation from Citigroup may be an opportunity for the mega-bank to slim down.

Vikram Pandit's resignation: Time to break up Citigroup?

Investors are sending a message to the mega-bank: Become smaller and leaner

Wall Street : Analysis
Citigroup CEO Vikram Pandit's abrupt resignation comes just a day after the banking giant reported a better-than-expected quarterly profit.

Citigroup CEO Vikram Pandit's sudden resignation: 4 takeaways

Pandit takes Wall Street by surprise, and leaves puzzled investors guessing about his motives

Wall Street : Fact Sheet
Alec Baldwin stars in a Capital One commercial: The credit card company is the first punished by the Consumer Financial Protection Bureau on charges of misleading customers.

The feds nail Capital One for preying on consumers: A guide

A watchdog group championed by Obama gets the credit card company to agree to a $210 million settlement, signaling that predatory lending won't be tolerated

Wall Street : The List
On the same day that JPMorgan Chase announced that its loss from a single trade had risen to nearly $6 billion, the bank's stock price rose 6 percent.

Why JPMorgan Chase's stock is rising: 3 theories

A huge loss from a bad bet keeps growing larger, but investors appear undisturbed by the mega-bank's problems

Wall Street : Controversy
A customer leaves a Wells Fargo Bank branch office July 12: The bank is accused of charging higher fees and interest rates for some 30,000 minority borrowers across 36 states.

Wells Fargo's disgraceful discrimination scandal: A guide

The bank ponies up $175 million to settle accusations that it charged blacks and Latinos higher interest rates and fees on their mortgages

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