Giving props to Wall Street’s risks

September 17, 2009

Wall Street would like you to believe that when investment banks take on risk they are largely doing it for the benefit of investors — maybe even you and me.

A death panel for Citi

September 15, 2009

It’s way too soon for the federal government to contemplate reducing its considerable equity stake in Citigroup.

A year on, it’s still a housing story

September 9, 2009

Around the time Lehman Brothers’ collapse nearly pushed the global banking system off a cliff, Rose Barrett’s own personal financial crisis began.

Blankfein’s blind spot

September 9, 2009

Just look at who is in favor of compensation clawbacks, more transparency on derivatives and greater coordination among financial regulators.

Wall Street is being judged

September 8, 2009

Capitol Hill has yet to get its act together on financial regulatory reform. But another arm of the federal government, the judiciary, is emerging as the new best friend of investors.

The capital games that banks play

September 3, 2009

Treasury Secretary Timothy Geithner’s call for the global banks to set aside bigger capital cushions to better absorb losses on souring securities and ailing loans is a good idea. But that alone won’t be enough to prevent another crisis.

Facing both ways on Goldman’s research

August 25, 2009

Both readers of the Wall Street Journal Europe were finally treated to the Goldman Sachs research story today, across two out of 32 pages. For new readers, the WSJ discovered that the world’s most envied bank told its most profitable clients about its research before telling everyone else.

Shock! Goldman favours big clients

August 24, 2009

Susanne Craig uses 2,200 words in today’s Wall Street Journal that state¬†the obvious: Goldman Sachs treats big clients better than small ones.

Citi’s dirty pool of assets

August 12, 2009

Hard as it may be to believe, shares of beleaguered Citigroup are on fire.

The stock of the de facto U.S. government-owned bank is up some 300 percent after it cratered at around $1 back in early March.

Less can be more

August 10, 2009

It’s good news when a bank reports a decline in the percentage of problem assets on its balance sheet.¬†