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Wall Street and Silicon Valley
By James Kwak Whenever someone criticizes “Wall Street,” someone else tries to defend Wall Street by saying that without it we wouldn’t have Silicon Valley and all of its wonders. Most recently, A.S....
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Reports of Wall Street’s Death
By James Kwak Gabriel Sherman wrote what I would call a hopeful article last week called “The End of Wall Street As They Knew It.” The basic premise is that the end of the credit bubble and the advent...
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The Wall Street Takeover, Part 2
By James Kwak Five years later, and things seem marginally better in some areas (the CFPB exists), significantly worse in others (LIBOR, money laundering, London Whale, etc.). There has been some...
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$100M for Eric Schmidt?
By James Kwak Over on Twitter, Matt O’Brien wrote: “Why are people mad at Wall Street, & not Silicon Valley, pay?” is a piece that doesn’t include the word “bailout” http://t.co/kqmWH276Gi — Matt...
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Wells Fargo and the Cult of the Customer
By James Kwak “An unwavering focus on the customer.” Those words grace the cover of Wells Fargo’s 2014 annual report: The 2015 annual report features this: One can only wonder what the bank’s public...
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