America’s biggest banks and investment firms generously supported President Barack Obama’s 2008 campaign, but the same donors are putting their money on Mitt Romney in 2012. (more)
TAMPA, Fla. (AP) — The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that “should never have happened” and survived a push to strip him of the title of chairman of the board. (more)
No wonder Barack Obama is being nice to JPMorgan CEO Jamie Dimon: The president has up to $1 million parked in Dimon’s bank. (more)
Stocks on Wall Street rose at the start of trading on Thursday, as a recent string of losing sessions sent investors looking for bargains. (more)
Good morning. Here’s what you need to know. (more)
You can bet that Wall Street will be rooting for the New York Giants to pull off a victory against the New England Patriots during Sunday’s Super Bowl XLVI. (more)
CONCORD, N.H. — In a speech to New Hampshire legislators Wednesday morning, GOP presidential candidate and Texas Gov. Rick Perry took a hard line on Wall Street, reaping thunderous applause from Republican representatives, near silence from the Democratic minority and a clamorous mixture of boos and cheers from an activist-filled gallery. (more)
This makes you wonder if Bank of America, which is currently axing 30,000 of its staff globally, already cut their social media team. (more)
NEW YORK (CNBC) – Stocks accelerated their selloff to trade near session lows Wednesday as worsening fears over the euro zone crisis rattled investor sentiment. (more)
In 2009, President Barack Obama said he didn’t run for office to help out “fat cat bankers,” but it appears that he has no problem with fat cat bankers — or the fat cat law firms who represent them — helping him. (more)
President Obama has called people who work on Wall Street “fat-cat bankers,” and his reelection campaign has sought to harness public frustration with Wall Street. Financial executives retort that the president’s pursuit of financial regulations is punitive and that new rules may be “holding us back.” (more)
It’s getting ugly along the manicured lawns of Greenwich, Connecticut, says the New York Post. (more)
Who’s benefiting from the Occupy Wall Street protests? Wall Street. (more)
Former New Jersey Gov. Jon Corzine is out of a job now that the Wall Street firm he headed, MF Global, has gone bankrupt, but don’t worry. He’ll be just fine. (more)
On Wednesday’s “CNN Newsroom,” Washington, D.C.-based CNN contributor Carol Costello asked viewers a truly pressing and important question: How would Jesus feel about the “Occupy Wall Street” crowd? (more)
President Barack Obama’s new senior campaign adviser is a longtime Wall Street lobbyist, and has the potential to damage the president’s aspirations to appeal to the protesters currently “occupying” New York City’s Zuccotti Park. (more)
In a statement Monday, the Vatican called for major reforms in the world financial system, asking for a ”global public authority” to rule over institutions responsible for “inequalities and distortions of capitalist development.” (more)
Editor’s Note: Have a question for Matt Labash? Submit it here (more)
House Minority Leader Nancy Pelosi’s strong statements in support of the “Occupy Wall Street” movement raise an interesting question: Does she, then, oppose the preferential treatment her son received at the hand of the financial industry? (more)























