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Bank of New York

Blood on the Street

James Berman | Posted 02.21.2012 | Business
James Berman

Today's market confronts multiple macro pressures: a euro debt crisis, a feeble global economy and social unrest in many parts of the world. But as a ...

Mortgage Crisis Is 'Cancer,' 'Slow Wasting Process,' Analyst Says

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The foreclosure crisis is slowly killing the nation's economy, and the government has no idea what to do, analyst Christopher Whalen said on Bloomberg...

Michael Moore's NYC "Capitalism" Premiere: Unintentional Branding From Bailed-Out Banks

Posted 05.25.2011 | Business

Though you'd never know from the title, the New York premiere of Michael Moore's "Capitalism: A Love Story" did have some notable brands associated wi...

Banking's Good, Bad And Ugly

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

So far this year, 94 banks have failed and another 500 to 1,000 may go belly up in the next two to three years. Let's take a look at our nation's banks.

Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank Paulson and Bob Rubin

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

While many are criticizing the gross AIG taxpayer-funded bonuses of senior executives, the truth is that this kind of corruption is relatively small time -- even at $165 million -- and was predictable.

Bank Of New York Will Oversee Bailout Fund

New York Times | Eric Dash | Posted 05.25.2011 | Business

The Bank of New York was named the master custodian firm overseeing the Treasury Department's bailout fund, the agency announced Tuesday. The master...