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Banks

  1. fi-cri fallout
    Report: Feds Investigating Morgan Stanley ‘Dead Presidents’ DealsLike Goldman Sachs, the firm created CDOs and used them to bet against the housing market.
    By Jessica Pressler
  2. the bonus buster
    Andrew Cuomo Sues Bank of New York Over ‘Egregious’ Breach of Conduct in Madoff AffairThe New York Attorney General continues his crusade against financial institutions, and the English language.
    By Jessica Pressler
  3. banks
    Senate Votes Against Amendment Designed to End ‘Too Big to Fail’Three Republicans vote for the provision.
    By Josh Duboff
  4. staying calm
    Goldman Stays ‘Chill’ As Market CrashesAlso, Citi says it’s not to blame.
    By Josh Duboff
  5. their bad
    Report: Stock-Market Plunge May Have Been Caused by Idiot Citigroup TraderA trader may have entered a “b” for billion instead of an “m” for million in a trade, messing up global markets.
    By Jessica Pressler
  6. optics
    Banker Saves Septuagenarian Trapped in Corn SiloReally? What is going on.
    By Jessica Pressler
  7. neighborhood news
    Bankers Rescue Children From Burning BuildingOr so they SAY.
    By Jessica Pressler
  8. earnings report
    Amid SEC Circus, Goldman Sachs Reports $3.46 Billion in Earnings“In light of recent events involving the firm, we appreciate the support of our clients and shareholders, and the dedication and commitment of our people.”
    By Jessica Pressler
  9. vindication
    Merrill Lynch Acquisition Finally Paying Off for Bank of AmericaSomewhere, Ken Lewis is saying “I told you so.”
    By Jessica Pressler
  10. popularity contests
    Washington Mutual Failed Because It Wasn’t Part of the Cool Crowd, Says Former CEOEverything always comes back to high school.
    By Jessica Pressler
  11. white men who are accustomed to winning at life
    Jamie Dimon Will Speak to Syracuse Students Whether They Like It or NotHe won’t even acknowledge their protests.
    By Jessica Pressler
  12. granular knowledge
    Bankers Who Threaten to Quit Over Reduced Compensation May Be Big LiarsThe coming financial-services exodus may just be another urban legend.
    By Jessica Pressler
  13. ballsy crime
    Friendly Robber Wishes Victims WellNot all robbers are bad people, it turns out.
    By Jessica Pressler
  14. things that are legit
    Serious, Legitimate Offer Made to People Who Hate Goldman SachsSomeone from Craigslist.
    By Jessica Pressler
  15. eradicated annoyances
    Bank of America Plans to Eliminate Overdraft Fees on Debit PurchasesGone are the days of “$40 cups of coffee” … for Bank of America customers, at least.
    By Josh Duboff
  16. the ceo whisperer
    Too Big to Fail and Zombies to Be Produced by HBOThis is may be a missed opportunity.
    By Chris Rovzar
  17. problem children
    Vikram Pandit to Thank the GovernmentYou read that right. This man has no pride.
    By Chris Rovzar
  18. economic purgatory
    White House Bites Bullet, Puts Out Volcker RulesWe’ll see how far they get.
    By Chris Rovzar
  19. the great recession
    Federal Reserve Raises Interest Rate on Money Loaned to BanksOne-quarter of a percentage point.
    By Jessica Pressler
  20. Former Bank of America CEO Tries to Sell House Where Terrible Thing Once HappenedKen Lewis’s house is full of bad memories.
    By Jessica Pressler
  21. stupid crime of the day
    Ornery Cab Driver Busts Bank Robber by Just Being HimselfThese people are heroes.
    By Chris Rovzar
  22. the most important people in the world
    Some Bankers Are Taking Big Bonuses This Year, But They Are Not FamousTherefore people don’t care as much.
    By Jessica Pressler
  23. second thoughts
    In Heart of the Crisis, Bank of America Exec Bought Ferrari, Rethought ItHe exchanged it for a “less showy” Maserati, according to his dealer.
    By Jessica Pressler
  24. what other people think
    Smart People on the Proposed Bank Plan: ‘Okay,’ But ‘Whatever’Legislation exhaustion takes its toll on the commentariat.
    By Jessica Pressler
  25. small angry men
    Mayor Bloomberg Is Having None of Obama’s Banking RulesHe’s also got an idea for those fools in Washington.
    By Adam K. Raymond
  26. early and awkward
    Bernanke ‘Welcomes’ a ‘Full Review’ of AIG BailoutsCome on in, look around, the Fed chairman has nothing to hide.
    By Jessica Pressler
  27. money
    Wall Street Gears Up to Fight Bank TaxMaybe this is a good thing?
    By Adam K. Raymond
  28. angel’s
    Gisele Gives $1.5 Million To Haiti ReliefWhich makes her a bigger donor than Goldman Sachs, not that anyone is cynically keeping track of that.
    By Jessica Pressler
  29. white men with money
    Even RBS CEO’s Parents Think He Is OverpaidAnd he told them to sod off.
    By Jessica Pressler
  30. money
    Administration Considers Charging Banks a Fee for Their TransactionsBut we’re the ones who will probably end up paying it.
    By Jessica Pressler
  31. the geithnerator
    Geithner’s New York Fed Tried to Cover Up AIG PayoutsNot really “cover up.” Just make it a “less transparent event.”
    By Jessica Pressler
  32. feels good
    JPMorgan’s Christmas Gift to the Rich and the (Relatively) PoorThey’re lifting the salary freeze on employees, just in time for bonus season.
    By Jessica Pressler
  33. white men with money
    Feds Weren’t the Only Thing That Drove Ken Lewis to the EdgeThe Bank of America CEO was being hounded by his mother, for one.
    By Jessica Pressler
  34. complicated feelings
    Bank of America Posts $1 Billion LossThis makes us feel less bad about CEO Ken Lewis getting no pay this year.
    By Jessica Pressler
  35. obfuscations
    Citigroup Posts Loss, Tries to Make It Sound Like ProfitNo one was really fooled.
    By Jessica Pressler
  36. white men with money
    JPMorgan Posts $3.59 Billion ProfitBut hold the bubbly: Credit cards are still a problem.
    By Jessica Pressler
  37. white men with money
    Ken Lewis Will Retire With Ginormous Pile of CashThe Bank of America CEO will get $53 million.
    By Jessica Pressler
  38. fi-cri fallout
    Sheila Bair Would Rather Eat Worms Than Ask Tim Geithner for HelpAnd that’s the least of what she’s willing to do.
    By Jessica Pressler
  39. the greatest depression
    Where Citigroup’s Going, They Don’t Need RoadsCiti is becoming a “bank of the future” by catering to folks just like us.
    By Jessica Pressler
  40. SEC Sues Bank of America, Bank of America SettlesWe all lose.
    By Jessica Pressler
  41. white men with money
    Good King JamieThe JPMorgan CEO is the star of Wall Street’s current morality play.
    By Heidi N. Moore
  42. white men with money
    Times Gets In On Goldman Sachs Name-calling GameThe paper of record will see Taibbi’s “great vampire squid wrapped around the face of humanity” and raise him an orc.
    By Jessica Pressler
  43. the greatest depression
    Hey, Everybody: Being a Banker Is Awesome AgainSalaries are up, up, up! Even if profits are not.
    By Chris Rovzar
  44. terrible optics
    Bank Executives Get Bonuses When Their Employees DieMore bad PR for Bank of America, and others.
    By Jessica Pressler
  45. ceoh no!
    Certain CEOs Have 30 Days to Convince People They Are Not MoronsWhich is going to be tough for some, who have spent the last year convincing people of precisely the opposite.
    By Jessica Pressler
  46. the greatest depression
    Most Banks Pass ‘Stress Tests’Even accounting for the worst possible scenarios, most of the nineteen financial institutions analyzed by the government seem to be capitalized well enough to survive.
    By Chris Rovzar
  47. the greatest depression
    Government Seeks to Make Banks Less Profitable As It Acquires Large Stake in ThemThe administration has a confusing new plan for the bailout funds.
    By Jessica Pressler
  48. white men with money
    Goldman Sachs Posts Profit, Vows to Pay Back TARPIn yo’ face, populace.
    By Jessica Pressler
  49. he’s just jealous
    Meredith Whitney Is Not ‘That Great,’ Okay?“Before we douse her with more champagne, put her on TV with Charlie Rose and hand over the keys to the Treasury Department, it might be worth taking another look at what really happened.”
    By Jessica Pressler
  50. what wouldn’t we finance back then?
    New York Banks Unwittingly Involved in Iran Nuclear DealsThat’s a headline we love to read.
    By Chris Rovzar
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