The Fed’s Credibility Problem
Yes, hedge funds have been wrong about inflation and rising interest rates. But they aren't wrong that the Fed has a credibility problem.
Big Banks are Victims of Their Own Success
A new bi-partisan bill proposes to raise capital standards at the biggest banks. Their paid shills are whining but the arguments don't hold water.
Forever Blowing Bubbles
It's looking like we have moved from the crash to the bubble and skipped the economic recovery.
Why Risk Managers Should Be Spymasters
John Breit was a physicist who went to Wall Street and learned to throw out his math models. He managed risk for Merrill Lynch by developing sources of human intelligence on the trading desks and among the executives.
Lesson of JPMorgan’s Whale Trade: Nothing Was Learned
A devastating Senate report on JPMorgan's London Whale trading debacle reveals that banks and regulators have learned few if any lessons from the financial crisis.
Bank of America’s Legal Gambit: Keeping Reserves Low
A lawsuit over Bank of America's mortgage portfolio could cost the bank tens of billions more than it had planned, prompting critics to say the bank has not set aside enough for a settlement.
Friends in Low Places: Where The Real Lobbying Happens
To advise him on tax policy, Senate Majority Leader Harry Reid hires from a corporation infamous for avoiding taxes, while a bank regulator and a Beltway consulting firm swap top officials.
The .03% Solution
How a tiny tax on financial transactions could raise revenue and help the capital markets.
Explosive Charge: Morgan Stanley Peddled Security Its Own Employee Called ‘Nuclear Holocaust’
Lawsuit suggests employees across Morgan Stanley understood the housing market was in trouble and exploited that knowledge to bet against securities and unload garbage investments on the unsuspecting. The bank denies wrongdoing.
About The Trade
In this column, co-published with New York Times' DealBook, I monitor the financial markets to hold companies, executives and government officials accountable for their actions. Tips? Praise? Contact me at .(JavaScript must be enabled to view this email address)
Recent Stories by Jesse Eisinger
- The Fed’s Credibility Problem
- ‘Act of Congress’ Stresses Hopeful Creation of Dodd-Frank, Omits Grim Ending
- Big Banks are Victims of Their Own Success
- Forever Blowing Bubbles
- Why Risk Managers Should Be Spymasters
- Lesson of JPMorgan’s Whale Trade: Nothing Was Learned
- Bank of America’s Legal Gambit: Keeping Reserves Low
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- IRS Office That Targeted Tea Party Also Disclosed Confidential Docs From Conservative Groups
- Six Facts Lost in the IRS Scandal
- The 182 Percent Loan: How Installment Lenders Put Borrowers in a World of Hurt
- How the IRS’s Nonprofit Division Got So Dysfunctional
- On Victory Drive, Soldiers Defeated by Debt
- Sound, Fury and the IRS Mess
- Medicare Drug Program Fails to Monitor Prescribers, Putting Seniors and Disabled at Risk
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- The Most Important #Muckreads on Rape in the Military
- A Prolonged Stay: The Reasons Behind the Slow Pace of Executions
