
That’s usually a question for big banks like recently humbled JPMorgan. But it’s also not a bad one for the U.S. central bank. From the role of JPMorgan’s Dimon on the New York Fed board to the institution’s forays into housing policy, Bernanke’s Fed seems to be pleasing no one.
JPMorgan's board could use some new blood

It takes a lot for Citi and BofA to make JPMorgan look out of step. Jamie Dimon’s Paleolithic board does just that, though. Last week’s governance protest vote and the CIO losses highlight the need for new directors with relevant financial experience to keep the CEO on his toes.
Goldman renewable energy dash more than greenwash

The Wall Street firm says it will deploy $40 bln over a decade. It isn’t above self-serving spin, but it’s also never far from the money. With solar and wind power nearing competitive cost levels, clean energy could burnish Goldman’s bottom line as well as its green credentials.
Markets vote for the euro

The single currency is falling because traders fear it will break up. That means they must think the whole is worth more than the sum of the parts. That’s right, and not just because the retrograde transition to national currencies would be costly. Scale and unity are valuable.
Summit silence on Greece is best option for now

Euro zone leaders can’t yet soften their demands for Greek austerity, for fear of encouraging radicals in the next election. And while insisting they want to keep the country in the euro, they must prepare for a messy exit while pretending not to - since it would spook markets.
Mike Lynch should try to buy Autonomy back

The software group’s founder is leaving HP months after the U.S. tech giant bought it for $11 bln. Other Autonomy execs had already gone. Having overpaid, HP is suffering the cultural woes of M&A. As for Lynch, he could yet exploit the mess to buy his baby back at a decent price.
One reason for Facebook IPO mess: Zuck didn't care

From the get-go, Mark Zuckerberg made clear he had little interest in welcoming public shareholders. His voting advantage codified the fact. A strong CEO can temper short-term urges elsewhere. But when he’s indifferent, it makes a failed process like Facebook’s more likely.


