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Jp Morgan

Why We're Losing Our Faith in Capitalism

Diane Francis | Posted 09.12.2012 | Canada Business
Diane Francis

Another sordid example of banksterism -- money laundering -- surfaced this week accompanied, not surprisingly, by a blistering global poll that shows faith in capitalism is shrinking. The HSBC (Hong Kong and Shanghai Bank Corporation), the largest financial institution in Europe, revealed "major internal-control problems" and plans to apologize for its lapses next week to members of a U.S. Senate subcommittee into terrorist and trafficking money laundering.

Occupy Wall Street: Why They're Not Listening to You

Daniel Alexandre Portoraro | Posted 12.12.2011 | Canada
Daniel Alexandre Portoraro

Wall Street's problems are far too important a matter to be left in the hands of those who act and think with anger, rather than with sense. Promote those with knowledge to act as your leaders, keep them on the forefront of OWS and keep the "angry mobs" away from the cameras.

In an Economic Storm, Canada Holds the Best Umbrella

Andrew Pyle | Posted 12.11.2011 | Canada
Andrew Pyle

Assuming Mr. Carney and his fiscal policy counterparts maintain their credibility, the country may very well hang on to number one for another year at least. That's good news for business and it might just be the thing that softens the blow to our equity market should the gyrations of the past few months continue.

U.S. To Sue Major Banks Over Subprime Mortgages

CBC | Posted 11.01.2011 | Canada

A U.S. agency is planning to sue more than a dozen banks, alleging they misrepresented the quality of mortgage securities they packaged a...