What Did JPMorgan Execs Know and When Did They Know It?
When banks are in trouble, they often mislead the world about their financials. Maybe JPMorgan disclosed everything properly about its $2 billion loss, but that's what we need to determine.
SEC Keeps Ratings Game Rigged
The SEC hammers a tiny ratings agency for petty infractions but does nothing against the big agencies that helped cripple the global economy.
Whale of a Problem: Regulators Subvert Will of Congress
Congress wrote in protections to prevent banks from disguising proprietary trading. But regulators are weakening the law.
From Big State a Call for Small Banks
The Federal Reserve Bank of Dallas issues a blistering indictment of our financial system and calls for breaking up the Too Big To Fail banks.
Congress’s Genius Jobs Plan—for Fraudsters, Shills, and Wall St. Analysts
The so-called JOBS Act, which has support from the White House and Republicans, could help stock market scammers get their mojo back.
How to Kill the Volcker Rule: Just Add Fat
Bank lobbyists couldn't kill the Volcker Rule, intended to stop banks from risking taxpayer money on risky speculation. So they're getting Congress and regulators to render it morbidly obese and bedridden.
The SOX Win: How Financial Regulation Can Work
The Sarbanes Oxley law, also known as SOX, cleaned up corporate accounting. It provides hope for how the new financial regulatory law, Dodd-Frank, could work.
From CEO to Candidate, Romney Flip-Flops on Debt
Under Romney, Bain Capital used debt liberally to generate high returns. Now, when the U.S. can borrow at low rates, his own leveraged buyout logic should dictate that the government borrow more -- not less.
Needed: A Cure for a Severe Case of Trialphobia
The Securities and Exchange Commission has been scared to bring big banks to trial for wrongdoing that helped cause the financial crisis. But that strategy fails to hold the big banks accountable and weakens the SEC's negotiating position.
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
- What Did JPMorgan Execs Know and When Did They Know It?
- SEC Keeps Ratings Game Rigged
- Whale of a Problem: Regulators Subvert Will of Congress
- From Big State a Call for Small Banks
- Fannie and Freddie: Slashing Mortgages Is Good Business
- Congress’s Genius Jobs Plan—for Fraudsters, Shills, and Wall St. Analysts
- Fed Shrugged Off Warnings, Let Banks Pay Shareholders Billions
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