Bernanke: These Are Not The Zombie Banks You're Looking For
When it comes to making the markets feel confident in banks, Ben Bernanke is a Jedi master. On Wednesday the Fed chairman, who shares facial-hair c...
When it comes to making the markets feel confident in banks, Ben Bernanke is a Jedi master. On Wednesday the Fed chairman, who shares facial-hair c...
Michael Winship | Posted 05.15.2012
On Ash Wednesday, churches in San Francisco announced they were removing $10 million from Wells Fargo and called on the bank "to put an immediate freeze on its foreclosures and repent for their misconduct." The effort is part of several national campaigns to get consumers and community groups to remove their money from the big banks and transfer accounts to credit unions and smaller financial institutions. We're told that the banks, desperate when thrown a lifeline by taxpayers in 2008, are now stronger and better able to weather a crisis than they were. And yet, they continue to scream in protest and lobby on Capitol Hill against the ignominy of reform. Simple greed -- hey banks, how about giving that up for Lent?
L. Randall Wray | Posted 05.15.2012
A new report documents widespread abusive practices at the biggest banks. It shows the potentially illegal activities were not only known by top management, but also encouraged by management.
Jared Bernstein | Posted 05.15.2012
Given the success of the Fed's stress tests on assessing the health of the nation's largest banks, various other institutions decided to embrace the model. Here are some early results.
Reuters | Posted 05.14.2012
By Lauren Young NEW YORK, March 14 (Reuters) - Bank customers shouldn't stress out over the latest U.S. bank stress test results. ...
Dennis Santiago | Posted 10.05.2011
It's not like the United States doesn't have wealth. It's what we've done with all this money that's gotten us to the edge of a zombie apocalypse.
AP | JEANNINE AVERSA | Posted 05.25.2011
WASHINGTON — The nation's largest banks must undergo new stress tests to show they can weather another recession, and the Federal Reserve said those...
New York Times | SIMON JOHNSON | Posted 05.25.2011
How much damage to the financial system should we expect from what is now commonly called the foreclosure morass, the developing scandal involving doc...
The Denver Post | Aldo Svaldi | Posted 05.25.2011
Colorado's homegrown banks and thrifts are finding themselves under regulatory scrutiny at double the national rate. Colorado has 34 institutions i...
AP | SANDY SHORE | Posted 05.25.2011
Gold prices settled at a record high Tuesday following renewed worries about European banks and the global economy. Gold for December delivery added ...
AP | PAN PYLAS | Posted 05.25.2011
LONDON — The results are in: Only seven of 91 European banks flunked the "stress tests" aimed at clearing up market fears about the strength of ...
nytimes.com | JACK EWING | Posted 05.25.2011
The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much no...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
Though it may come as a surprise to many Americans, key aspects of the policies enacted by embattled Treasury Secretary Tim Geithner have actually bee...
Jill Schlesinger | Posted 05.25.2011
This morning, Ms. Warren fell off the pedestal on which I had placed her.
Jill Schlesinger | Posted 05.25.2011
For those who think that the government bailed out Wall Street, you're right and you're wrong. Yes, taxpayers extended a lifeline to ensure that the system didn't collapse, but in the case of these yet-to-be named players, taxpayers made out quite nicely.
AP | ANNE FLAHERTY | Posted 05.25.2011
WASHINGTON — A government test of whether 19 major banks could survive a further downturn in the economy may have relied on too rosy a scenario ...
Sheldon Filger | Posted 05.25.2011
It is the fear of the derivatives toxin that has frozen credit markets, leading to the Global Economic Crisis. Geithner's stress test can't fix the calamitous state of the U.S. banking sector.
Financial Times | Francesco Guerrera, Anuj Gangahar and Saskia Scholtes | Posted 05.25.2011
The completion of US banking "stress tests" has unleashed a fee bonanza for Wall Street, with financial institutions set to earn more than $500m in ju...
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011
I have got to tell you all, I am LOVING THESE STRESS TESTS. For real. Who'd have thought that you could have a test in which the testees could negot...
Fortune's Stanley Bing | Posted 05.25.2011
The majority of our banks have flunked their stress tests. Are we worried? Not at all. Because while they are stressed, they are not stressed as badly as we might have feared.
Sam Chandan | Posted 05.25.2011
Neither investors nor the public should accept policy makers' and regulators' assertions that the tests of commercial real estate have been undertaken carefully.
Huffington Post | Julie Satow | Posted 05.25.2011
A simple guide to why the stress tests weren't stressful enough: 1. The stress test allows for a debt-to-net capital ratio of 25 to 1. That is far hi...
Huff TV | Posted 05.25.2011
Arianna joined CNBC's Squawk Box team and Harvard University professor of law Elizabeth Warren to discuss details from a report on TARP's impact for s...
Huff TV | Posted 05.25.2011
Arianna joined CNBC's Squawk Box crew and former New York governor Eliot Spitzer Thursday morning to discuss stress tests results, which banks need mo...
Huff TV | Posted 05.25.2011
Arianna joined CNBC's Squawk Box team Thursday morning to discuss the much-anticipated results of the stress tests and the impact on the financial sec...
The Huffington Post | Mark Gongloff | Posted 03.21.2012