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Keyword: bankers

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  • Jamie Dimon Warns "Something Is Wrong" With The US

    04/04/2017 4:50:03 PM PDT · by vannrox · 27 replies
    zero hedge ^ | 4apr17 | Tyler Durden
    While Jamie Dimon tried to maintain his traditionally optimistic outlook in his annual letter to shareholders, there was a distinct undertone of pessimism in the latest 45 page letter released earlier today, in which he writes that while the U.S. is "truly an exceptional country," probably stronger than ever before, he cautions that "something is wrong - and it's holding us back."Here are the highlights from the gloomy passage reposted below in its entirety.Dimon's letter notes that the economy has been growing much more slowly in last decade or two than in the 50 years before then, with real...
  • Preet Bharara Explains Why He Let Wall Street Bank Executives Avoid Prison

    03/16/2017 5:33:10 AM PDT · by TangoLimaSierra · 13 replies
    libertyblitzkrieg.com ^ | Mar 15, 2017 | Michael Krieger
    Recently dismissed U.S. Attorney for the Southern District of New York, Preet Bharara, is suddenly being celebrated as an aggressive warrior in the fight against Wall Street corruption. Really? You could’ve fooled me. Perhaps I was in a coma when a string of big bank executives were arrested and sent to prison. No, what actually happened is one of the most powerful attorneys in the nation came up with a mealy-mouthed, cowardly rationale for why he let these financial thieves off the hook. Crain’s reports: Bharara was nowhere to be found when it came to charging the top executives whose...
  • WikiLeaks releases more Podesta emails (video-Hillary leaks classified intel)

    10/11/2016 9:48:54 AM PDT · by RoosterRedux · 74 replies
    Video Link -- Catherine Herridge on Fox reporting that Clinton leaked classified intel to Canadian bankers in one of her speeches.
  • Some Business Leaders Abandon GOP (barf alert)

    06/23/2016 1:22:42 PM PDT · by KeyLargo · 29 replies
    The Wall Street Journal ^ | June 23, 2016 | Laura Meckler
    Politics Election 2016 Several GOP Business Leaders Are Backing Clinton Democratic presidential candidate to get backing from executives, some of whom cite unease with Trump’s candidacy By Laura Meckler June 23, 2016 12:09 a.m. ET More than 50 business executives, including several longtime Republicans, endorsed Hillary Clinton for president on Thursday as her campaign seeks to capitalize on discomfort with Republican Donald Trump. They include Jim Cicconi, senior executive vice president at AT&T Services Inc., and Dan Akerson, who held top positions at General Motors Co. and Nextel Communications Inc. A Clinton campaign aide provided the list. The endorsements reflect...
  • Ivanka Trump Scarves Recalled Because Of "Burn Risk"

    04/06/2016 7:48:51 PM PDT · by Steelfish · 80 replies
    CBSNews ^ | April 6, 2016
    April 6, 2016 Ivanka Trump Scarves Recalled Because Of "Burn Risk" Scarves made in China and sold as part of Ivanka Trump's fashion line are being recalled because they are too flammable and pose a "burn risk" to consumers. The U.S. Consumer Product Safety Commission said Wednesday that no injuries have been reported. The recall involves about 20,000 rayon scarves, sold from October 2014 through January 2016 in department stores and online. They range in cost from $12 to $68. A representative for the Ivanka Trump brand, which includes clothing, accessories and fragrances, said that it is disappointed for the...
  • Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists

    02/16/2016 11:08:01 AM PST · by Trumpinator · 12 replies
    nbcnews.com ^ | Feb 16 2016, 9:34 am ET | Reuters
    Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists by Reuters Feb 16 2016, 9:34 am ET Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production. The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha. It could become the first joint OPEC and non-OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping...
  • Bernie and Hillary Both Wrong About Evil Bankers

    02/09/2016 7:03:12 AM PST · by SeekAndFind · 13 replies
    American Thinker ^ | 02/09/2016 | Christopher Chantrill
    Everybody hates bankers and Wall Street, and so politicians hate them too. Senator Bernie Sanders (I-VT) has made much of Hillary Clinton's Wall Street connections. "I don't know any progressive who has a super PAC and takes $15 million from Wall Street," Sanders has said. Hillary accuses Bernie of "innuendo." But they both want you to believe that "greedy bankers" rather than stupid government policy cause the Crash of 2008. So we need Dodd-Frank to keep the bankers tame and obedient. My thinking on greedy bankers diverged from the conventional wisdom many years ago when I read an article about...
  • Beyond Strauss-Kahn, to the IMF and Iran

    07/06/2011 12:31:22 PM PDT · by Kaslin · 2 replies
    Pajamas Media ^ | July 5, 2011 | Claudia Rosett
    When it comes to selling copy, it’s a good bet that sex trumps multilateral finance. That’s an axiom of human nature. It would be asking too much to expect that the media, or its customers, would be as fascinated by the in-house diplomacy of the International Monetary Fund as all concerned have been by the scandal surrounding the recently handcuffed and dethroned IMF managing director, Dominique Strauss-Kahn. Most eyes are now on the prosecutor’s cratering case, the curious past of the maid who alleged the sexual assault, and the media now analyzing its own coverage of these sordid events. But...
  • Ted Cruz Channels Paul Ryan: ‘A Lot of Misinformation’ on Obamatrade That ‘You Can Get on the...net’

    06/14/2015 12:28:21 AM PDT · by familyop · 222 replies
    Breitbart ^ | 11 Jun 2015 | Matthew Boyle
    “Sure,” Cruz responded. “There is a lot of confusion and, unfortunately, a lot of misinformation you can get on the Internet that people are confused, so let’s explain what each of those three are.” Cruz, by saying that, was essentially making the exact same claim—blaming the Internet for what he argues is “misinformation”—as House Ways and Means Committee chairman Rep. Paul Ryan (R-WI)...From there, Cruz aimed to separate TPA and TPP—but he didn’t mention the other, even more secretive trade agreements like T-TIP or TiSA, which would also be fast-tracked under TPA. TPP’s text is available for members of Congress...
  • AmEx president Ed Gilligan dies suddenly after falling ill on flight

    05/29/2015 5:28:08 PM PDT · by Wisconsinlady · 31 replies
    Fox News ^ | 05/29/2015 | Asspiciated Press
    NEW YORK – American Express said president Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York. The credit card company said the 55-year-old executive was coming back from a business trip. The plane made an emergency landing in the U.S., an American Express spokeswoman said, but she declined to say where Gilligan had been.
  • Report: Clinton State Dept Pulled Strings for Menendez in Pay-to-Play Deal with Dem Donor

    03/13/2015 12:11:29 AM PDT · by Libloather · 11 replies
    Free Beacon ^ | 12/17/14
    Former Secretary of State Hillary Clinton, her Chief of Staff Cheryl Mills, and Sen. Bob Menendez (D., N.J.) supported a visa waiver for the daughter of a fugitive Ecuadorian banker in exchange for significant campaign contributions to the Democratic Party. On Tuesday, NBC 4 New York reported that Menendez, with express written support from Clinton, intervened on behalf of Estefania Isaías, who was banned from traveling to the U.S. due to accusations of visa fraud. Isaías is the daughter of Roberto Isaias, who lives in Miami and is currently fighting extradition to Ecuador for banking crimes and under investigation for...
  • There's 'no demand' for senior bankers on Wall Street today

    04/07/2015 8:36:32 AM PDT · by SeekAndFind · 15 replies
    Business Insider ^ | 04/07/2015 | SARAH BUTCHER, EFINANCIALCAREERS
    There was a time when it was possible to ‘retire’ from investment banking in your 30s. That time has passed. As the the trajectory of banking careers changes, 30 has instead become the age at which you must be positioned at a firm that will see you through to your 40s and beyond. Swapping banks when you’re aged 30+ is increasingly challenging. Headhunters working across business areas bemoan the lack of recruitment beyond vice president (VP) level. “Banks have become incredibly cost-conscious,” says a partner at an M&A search boutique. “They’re not making a 25% return on equity any more...
  • Four TBTF Banks Threaten To Withhold Funds To Democrats Over Elizabeth Warren's Wall Street Rants

    03/31/2015 10:51:03 AM PDT · by tcrlaf · 10 replies
    Zerohedge ^ | 3-31-2015 | Durden
    Having already proven that their institutions are above the law in the aftermath of the financial crisis, executives at the “Too Big to Fail and Jail” banks have decided it’s time to teach Senate Democrats a lesson. Not being content with trillions in taxpayer backed bailouts to protect and further consolidate virtually all wealth within their oligarch fiefdoms, these bankers are irate at the notion that a commoner would dare criticize their unassailable crony privilege. However, the worst part of this story, is that while Warren is harsher than most of her completely bought and paid for colleagues, she is...
  • Six People Died in a Fiery NY Train Crash Packed with 400 People… 3 Were Top Investment Bankers

    02/13/2015 6:07:40 PM PST · by dynachrome · 64 replies
    shtfplan.com ^ | 2-13-15 | Mac Slavo
    According to the initial investigations of the NTSB, which include witnesses at the scene, the driver exited the vehicle on the tracks to inspect it being hit by a crossing gate: Reports so far show that 49-year-old Ellen Brody crossed onto the tracks, when the crossing gate slammed down on the back of her vehicle. Instead of pulling through the intersection though, she got out to inspect the back of her car. It was when she got back in her car and started to pull forward that she was struck by the passing train – going 58mph. The crash led...
  • Obama, The Ultimate Senior Banker’s President

    02/08/2015 10:45:28 AM PST · by Starman417 · 4 replies
    Flopping Aces ^ | 02-07-15 | James Raider
    Janet Yellen, Obama, and Bernanke For sixty four years, the world enjoyed some degree of stability, perhaps greater than at any previous period in history, with the United States performing the expensive, but indispensable role of “stabilizer.”  There had been regional wars, and provincial atrocities often localized to sectarian disputes, but most of the world went about its business, criss-crossing oceans and borders to grow trade, or travelling to distant vacations.  9/11 changed behaviors, nevertheless, we continued on our paths, but did so with a little more caution on our air-travels.  Then, with the power of wealthy and powerful senior...
  • "Cheerful" Dutch Financier Becomes 4th ABN Amro Banker Suicide [Following death of 36 last year]

    01/25/2015 7:15:56 PM PST · by SeekAndFind · 20 replies
    Zero Hedge ^ | 01/25/2015 | Tyler Durden
    Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start with the reported suicide of Chris Van Eeghen - the 4th ABN Amro banker suicide in the last few years. As Quotenet reports, the death of Van Eghen  - the head of ABN's corporate finance and capital markets -"startled" friends and colleagues as the 42-year-old "had a great reputation" at work, came from an "illustrious family," and enjoyed national fame briefly as the boyfriend of a famous actress/model. As one colleague noted, "he was always cheerful, good mood, and apparently he had everything...
  • Politically connected ex-Mutual Bank president barred from banking ( Obama mentioned )

    07/01/2013 6:59:49 PM PDT · by george76 · 8 replies
    Crain's Chicago Business ^ | July 01, 2013 | Steve Daniels
    Amrish Mahajan, former president of failed Mutual Bank of Harvey and a major fundraiser for imprisoned former Gov. Rod Blagojevich, has been barred from future participation in the banking industry under a newly released regulatory order. Mr. Mahajan consented, without admitting or denying unsafe or unsound banking practices, to a May 1 order by the Federal Deposit Insurance Corp. prohibiting him from participating “in any manner” in the conduct of the affairs of any federally insured institution. ... Mr. Mahajan was known for his political connections, particularly to Mr. Blagojevich. Mutual Bank briefly entered the realm of national politics after...
  • Connecticut life insurance executive stabbed to death running near her home: cops (VIDEO)

    11/24/2014 11:08:41 AM PST · by george76 · 59 replies
    NEW YORK DAILY NEWS ^ | November 24, 2014 | JASON MOLINET
    A popular bike path became the scene of a gruesome murder late Thursday when a life insurance executive was killed while running near her Connecticut home. Melissa Millan, 54, a triathlete and mother of two, was found stabbed at about 8 p.m. in the Hartford suburb of Simsbury, Conn. Police have stepped up patrols of the bike path and scoured the area on Saturday, but no suspect has been named and the murder weapon has not been recovered, WFSB reported. Millan, a senior vice president who had been with MassMutual Financial Group since 2001, was transported to an area hospital,...
  • Citigroup banker found dead with throat slit in swanky apartment (New York)

    11/19/2014 3:04:35 PM PST · by dynachrome · 88 replies
    NY Post ^ | 11-19-14 | Kevin Dugan, Erin Calabrese and Beckie Strum
    here was no knife recovered at the scene, leading officials to suspect the death was not a suicide, and they were trying to determine who had access to his apartment. One-bedroom apartments at the building are listed at more than $1 million.
  • ROBBER BARON BANKERS: Scam $1.3 Quadrillion/yr

    11/14/2014 9:06:30 AM PST · by ednoonan7 · 8 replies
    American Resistance Party ^ | Nov 14, 2014 | Edward C Noonan
    PRESS RELEASE NOVEMBER 14, 2014 ROBBER BARON BANKERS: Scam $1.3 Quadrillion/yr November 14, 2014 – Reuters reported yesterday: “Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a year-long global investigation. HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), JP Morgan (JPM.N) and Bank of America (BAC.N) also face penalties resulting from the inquiry that has put the largely unregulated $5 trillion-a-day market on a tighter leash, accelerated the push to automate trading and ensnared the Bank of England.” See:...