The mega-bank's stock is plunging, its reputation has been battered, and now the Justice Department is investigating whether it committed a crime.
Bankers became complacent about their models and their ability to steer through a crisis.
The troubled bank's shares could fall an additional 10% to 15% -- or more.
The nation's largest bank is scrambling to contain the fallout from a risky bet gone wrong, but some say the purge has to start at the top.
Stocks still down after paring earlier losses.
Higher consumer sentiment trumps the big bank's trading loss.
Buffalo Wild Wings is initiated with an 'outperform,' and Bed Bath & Beyond is upgraded to 'outperform.'
Its superstar CEO has been a vocal critic of regulations like the Volcker Rule. Now his bank has provided the best evidence yet that those regulations are necessary.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.