Compliancex

As Senator Elizabeth Warren (D-MA) has said, the nation’s biggest banks have essentially gained “too big for trial” status, and the federal government has failed to prosecute any executive at a Big Bank for financial fraud.

While Wall Street has escaped prosecutions, thousands of Americans have been arrested in the course of protests against the banks. As of May 2013,that number is … Read More »

Bloomberg terminals have become pretty much indispensable to investors, and one of the key reasons, besides their news and data, is their private chat feature, where much of Wall Street’s conversation happens. Since the company’s journalists werecaught peeking at data about users’ activities, the users … Read More »

A senior central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman Ben Bernanke sent stockmarkets tumbling.

James Bullard, president of … Read More »

U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.

While the companies say they are seeking … Read More »

From the look of the financial markets, you’d think Ben Bernanke just told Congress he was washing his hands of the feeble US economy and letting markets fend for themselves.

But of course he didn’t.

Fedspeak … Read More »