Why JPMorgan CEO Jamie Dimon wants to keep banks big
“Would this have happened if JPMorgan Chase had been smaller? Would (Dimon) have been able to see it if it had been smaller?” —Bethany McLean watch video
Topic: Wall Street
Will the JPMorgan fraud lawsuit be the first of many on Wall Street?
“This was not just Bear Stearns. This was Citigroup, it was Deutsche Bank, it was JPMorgan, it was the list of all the big institutions.” —Phil Angelides watch video
Finally, a case against one of the big banks — but will it change anything?
On Wall Street, “you have the all the incentive in the world to take all the risk in the world.” —Wallace Turbeville watch video
Eliot Spitzer’s debate questions for Romney and Obama
“We shouldn’t judge the debates on who did better than they were supposed to — we need to see who can give real answers to real questions.” —Eliot Spitzer read post
Eliot Spitzer: Wall Street bankers expect big paychecks — even when their banks fail
“We don’t begrudge others the well-earned fruits of their labor, yet we do resent an attitude of entitlement without obligation.” —Eliot Spitzer watch video
Former FDIC head Sheila Bair: ‘Covering up for Citigroup’s problems’ drove much of the bailout
“They were afraid that if they put too many conditions or restrictions, the healthy banks wouldn’t take [the bailout].” —Sheila Bair watch video
‘He was rich the day he was born’: Barney Frank challenges Mitt Romney’s view of the 47 percent
“Apparently to him, people don’t have views on public policy, they don’t have emotional feelings, they don’t have concern for others. In his mind it’s pure economic determinism. People are apparently reduced to being slaves of where their money comes [...] watch video
$12.8 trillion and counting: The cost of the financial crisis
“If we don’t get financial reform, the next time’s gonna be worse.” —Dennis Kelleher watch video
Will Ben Bernanke’s QE3 program really help the economy?
“If you’re a bank, you’re approving mortgage loans, you’re approving auto loans, and you feel confident that you can lend out at this rate because rates are going to stay low in the future.” —Joe Weisenthal
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Why does the GOP care about voter fraud, but not market fraud? Eliot Spitzer lambasts new bill
“Their craven effort to steal an election they know they are losing is despicable.” —Eliot Spitzer read post
