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Entries tagged "Wall Street"

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For Wall Street, it's not quite splitting time

JPMorgan is under pressure to strip Jamie Dimon of his chairmanship. Its rivals have resisted making such a move and will likely continue to do so. Continue reading

Posted on May 6, 2013 10:03 AM




The Times discovers Wall Street near-shoring

The New York Times has a story on the front page today worrying about the departure of finance jobs out of New York ('near-shoring') and its effect on the city's tax base. Continue reading

Posted on July 2, 2012 11:23 AM




Edward Conard's 'Unintended Consequences'

The world Conard leaves us to contemplate -- a world of birth, material accumulation and death -- is chilling in its meaninglessness. Continue reading

Posted on June 20, 2012 4:49 PM




Edward Conard's 'Unintended Consequences'

The world Conard leaves us to contemplate -- a world of birth, material accumulation and death -- is chilling in its meaninglessness. Continue reading

Posted on June 20, 2012 2:41 PM




The New York Times, Facebook and the average reader

The public editor of The New York Times waded into the swamp of the Facebook initial public offering this weekend and emerged looking soggy. Continue reading

Posted on June 4, 2012 11:51 AM




Washington collides on handling failed firms

The FDIC's chief details how resolution power would work; the House votes to kill the plan. Continue reading

Posted on May 11, 2012 8:20 AM




The New York Times worries about stock trading

The stock market is a detector. But it detects what its participants, in all their jostling and competitive diversity, want or need. Continue reading

Posted on May 7, 2012 12:16 PM




Spain, a housing bubble and who knew what

The emphasis at the Julis-Rabinowitz Center for Public Policy and Finance conference swung inexorably to Spain, which, as Paul Krugman said, appears increasingly to be the epicenter of what's really a colossal mess. Continue reading

Posted on April 20, 2012 12:12 PM




Acemoglu and Johnson on a captured Fed

The pair erects a kind of straw-man argument suggesting that somehow the Fed has wandered out of an Eden when it was technocratically objective and independent and into one where it has been captured and bagged by those plutocrats on Wall Street. Continue reading

Posted on April 18, 2012 3:18 PM




William Bryan Jennings and the bonfire of the inanities

Reuters tries to rescue the Stabby Banker from the stereotype of Sherman McCoy as a Master of the Universe. First, it should get the reference correct. Continue reading

Posted on March 30, 2012 12:00 PM




Lateral hiring on Wall Street hits the brakes

Every year since the 2008 crisis, investment bankers at many of the large global banks have seen less and less of their bonuses in up-front cash and more in deferred stock and staggered cash payouts pushed out to two to... Continue reading

Posted on March 16, 2012 12:16 PM




Woe is Wall Street

Bloomberg outs the complaints of folks who aren't feeling as wealthy as they'd like, all of which goes to prove that it's more profitable to chide the rich than understand the poor. Continue reading

Posted on March 9, 2012 12:00 PM




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Movers & Shakers

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Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.

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Apax Partners offers $1.1 billion for Rue21, the same teenage fashion chain it took public in 2009. More video

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