The Great Debate

Banks’ exposure to the Obama Plan

January 25, 2010

President Barack Obama’s proposals to ban banks from proprietary trading unrelated to serving their customers will have a very uneven impact on the sector.

Obama disappoints on bank reform

January 22, 2010

— Peter Morici is a professor at the Smith School of Business, University of Maryland, and former Chief Economist at the U.S. International Trade Commission. The views expressed are his own. —

from Commentaries:

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.

from Commentaries:

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.

Matt Taibbi Is just plain wrong about Goldman Sachs

August 7, 2009

– Heidi N. Moore is a business writer in New York City. This article originally appeared in The Big Money. The views expressed are her own. –

from Rolfe Winkler:

Buffett’s Betrayal

August 4, 2009

When I was 14, Warren Buffett wrote me a letter.

It was a response to one I'd sent him, pitching an investment idea.  For a kid interested in learning stocks, Buffett was a great role model.  His investing style -- diligent security analysis, finding competent management, patience -- was immediately appealing.

Goldman needs to lose Gekko image

August 4, 2009

jon_ford

– Jonathan Ford is a Reuters columnist. The views expressed are his own –

from Commentaries:

Goldman’s real estate gambit

July 28, 2009

Matthew Goldstein.jpgIs history repeating itself at Goldman Sachs?

In late 2006, Goldman shrewdly began backing away from the residential mortgage market. With little fanfare, the firm began aggressively hedging its exposure to home loans, in particular mortgages to borrowers with shaky credit histories.

Was Goldman’s trading software stolen?

July 5, 2009

Matthew Goldstein–Matthew Goldstein is a Reuters columnist. The views expressed are his own.–

from Commentaries:

Goldman still puzzles

June 25, 2009

Matthew GoldsteinInvesting in Goldman Sachs still requires a leap of faith in the investment firm's ability to out-trade, out-wit and out-muscle everyone else on Wall Street.