Senior Editor and Reporter
Jesse Eisinger is a senior editor and reporter at ProPublica. He is the author of the “The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives.”
In April 2011, he and a colleague won the Pulitzer Prize for National Reporting for a series of stories on questionable Wall Street practices that helped make the financial crisis the worst since the Great Depression. He won the 2015 Gerald Loeb Award for commentary. He has also twice been a finalist for the Goldsmith Prize for Investigative Reporting.
He serves on the advisory board of the University of California, Berkeley’s Financial Fraud Institute. And he was a consultant on season three of the HBO series “Succession.”
He was a regular columnist for The New York Times’s Dealbook section. His work has appeared in The New York Times, The Atlantic, NewYorker.com, The Washington Post, The Baffler, The American Prospect and on NPR and “This American Life.” Before joining ProPublica, he was the Wall Street Editor of Conde Nast Portfolio and a columnist for the Wall Street Journal, covering markets and finance.
He lives in Brooklyn with his wife, the journalist Sarah Ellison, and their daughters.
A consumer watchdog agency is following up on ProPublica’s reports that the scandal-ridden bank improperly charged fees to customers from Los Angeles to Oregon. Meanwhile, the bank is conducting its own inquiry.
The prominent U.S. attorney fired by Donald Trump this weekend has been justly acclaimed for his pursuit of political corruption. But his treatment of the Wall Street executives involved in the financial meltdown was far less confrontational.
In one of his first acts, the president put dozens of pending regulations on hold that affect everything from train safety to drone flight paths. His administration is unlikely ever to enact them.
The bank is investigating a ProPublica report that its Los Angeles region improperly charged customers for delays that were its own fault. The problem extends beyond Los Angeles County, current and former employees now say.
Deutsche Bank is Trump’s largest lender. While the troubled bank has settled several of the charges against it, it’s still undergoing scrutiny by the Justice Department and other federal regulators, and is being overseen by six independent monitors, making conflicts of interest inescapable.
The president has flouted decades-old norms of antitrust by directly speaking with the executives of companies seeking to merge.
The Trump administration has imposed a freeze on grants and contracts by the U.S. Environmental Protection Agency.
Four former employees say that Wells Fargo made clients in its Los Angeles region pay for missing deadlines to lock in interest rates on loans, even though the delays were the bank’s fault.
The island’s new governor, who’s considered sympathetic to hedge funds and insurers that want it to repay its debt rather than go bankrupt, is in talks to hire Trump’s former campaign manager.
When Steven Mnuchin ran OneWest, the bank aggressively and in some cases, wrongly, foreclosed on elderly homeowners with reverse mortgages. The bank had a disproportionate share of such foreclosures.
Steven Mnuchin has a long history of coming out ahead, even in questionable deals.
Trump’s transition adviser for financial regulations works for a firm that is emblematic of the Washington revolving door.
The economists are leveraging their academic prestige with secret reports justifying corporate concentration. Their predictions are often wrong and consumers pay the price.
Gene Sperling received hundreds of thousands of dollars in personal loans from Howard Shapiro, a friend and partner at Washington law firm WilmerHale while serving as director of the National Economic Council.
Prosecutors are challenging an appeals court ruling that said the lending company could not be charged with fraud as long as its initial intentions were pure.
A federal appeals court overturned a $1.3 billion judgement against Bank of America, ruling that good intentions at the outset shield bankers from fines for subsequent fraud.
Right after the financial crisis, an SEC lawyer fought a lonely struggle to get his agency to crackdown harder on Goldman bankers. He lost.
Zuckerberg set up a limited liability company, which has reaped enormous benefits as public relations coup and will help minimize his tax bill.
In 2005, Tony Menendez blew the whistle on Halliburton’s accounting practices. The fight cost him nine years of his life.
Yes, there has been some progress in making the financial system safer. But financial reform was so weak, it may not last.
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