ThinkstockThe Federal Reserve issued some updates to its balance sheet and payments data on Friday, and the long and short of the matter is that you are going to see why the Fed needs…
ThinkstockThe big banks have gone to considerable lengths to mend the weaknesses that they were in before, during and after the recession. The public perception of the big banks is not very highly regarded.…
thinkstockIt may be that the negative images of banks and the federal government continue to persist in the minds of Americans because of the credit crisis. Or, perhaps people believe that the federal government…
thinkstockDo you remember the Flash Crash? NASDAQ OMX Group (NASDAQ: NDAQ) is proving yet again why there still needs to be some human control and interaction over the vast numbers of shares trading each…
Wells Fargo & Co. (NYSE: WFC) may be Warren Buffett’s favorite bank hands down and it may be the safest of the money center and banking giants now. It turns out that if you work…
Wikimedia CommonsBeing an executive at J.P. Morgan Chase & Co. (NYSE: JPM) can be no easy job at the moment. This is one of only a few large institutions that could have survived without…
It is no secret now that interest rates have risen. Long-term Treasury yields and even intermediate Treasury yields are now perhaps even starting to normalize even with Ben Bernanke and the Federal Reserve keeping…
ThinkstockHighlighted in a Fortune magazine article in 1966, an obscure investment vehicle called the hedge fund was outperforming every existing mutual fund by double-digit figures. By 1968, there were some 140 hedge funds in…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM), which already faces a handful of federal investigations for a variety of alleged bad behavior, now faces a U.S. Securities and Exchange Commission (SEC) probe of…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThere is a major development happening at Bank of America Corp. (NYSE: BAC). Bloomberg news has reported that Bank of America now is planning to dissolve…
ThinkstockYou probably remember the debacle around the BATS initial public offering (IPO). This is supposed to be the third largest equities exchange, but its IPO cancellation came with a very embarrassing trading halt for…
ThinkstockThe days of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) could soon be history. President Obama is now on board with an orderly winding down of these institutions. What…
ThinkstockThis should sound familiar to you: “We are tying shot-term interest rates to the unemployment rate.” This is a message you have heard from Ben Bernanke and the U.S. Federal Reserve for some time…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corporation (NYSE: BAC) has yet another new lawsuit based upon the housing implosion and mortgage fraud. The Justice Department and the Securities…
The stock market and bond market are trying and trying to figure out how to price in the eventual tapering effects of quantitative easing. Ultimately, these markets will both have to price in a…