finance

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Remind Me, Why Is Angelo Mozilo a Free Man?

The former Countrywide Financial chief is back in the news. You remember, the subprime king with the perma-tan?

When I saw his name in the headlines again I hoped to finally find news of a criminal indictment. Steal a Snickers bar from the 7-11 and you could face jail time.

The Robin Hood Tax

Finance should once again support the real economy of goods and services.

By William Barclay

I spent 22 years in the financial services business.

Letter From Financial Industry Professionals in Support of Financial Transaction Taxes

As individuals with first-hand knowledge and significant experience in the financial industry, we urge you to introduce small financial transaction taxes (FTTs).

Dear G20 and European leaders,

Is Jamie Dimon's Business First Class?

JPMorgan CEO Jamie Dimon will today, once again, stand before the authors of Dodd-Frank and attempt to make the case for why a $2 billion trading loss was a stupid mistake, not a willful breach of at least the intent of the law. Our representatives who wrote the law should hold him to the standards set by JPMorgan’s own Code of Conduct: following the spirit and intent, not just the letter, of the law.

The European Financial Transactions Tax: Robin Hood or Sheriff of Nottingham?

Germany, France, Italy, and Spain take time out from acute crisis talks to agree on a long term policy solution: taxing financial transactions.

By Salvatore Babones

Flawed, Ignorant and Dangerous: A Bain Capital Partner’s Worldview

“At base, having a small elite with vast wealth is good for the poor and the middle class.” 

This is how Adam Davidson’s piece in the New York Times Magazine 

Financial Statesmanship for a New Economy

Reactions to departing Goldman derivatives salesman Greg Smith’s “Why I am Leaving Goldman Sachs,” which appeared as an op-ed in the New York Times last week, have ranged from the hyperbolic — Robert Reich’s “

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