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End of Free Checking a Financial Squeeze: How Employers Can Help

Clare J. Morgan | Posted 05.25.2011 | Business
Clare J. Morgan

The free checking accounts many Americans enjoy will soon be a thing of the past as banks scramble to find new ways to recoup overdraft charges and other fees they're no longer allowed to impose.

Financial 'Reform' Dodges Big Lessons

Huffington Post Investigative Fund | David Heath | Posted 05.25.2011 | Business

As congressional partisans wrangle over financial reform, neither side is grappling with a fundamental lesson learned from an investigation into the c...

Bank Regulation, Need for Transparency, and Politics as Usual Makes the Outcome Uncertain

Jerry Chautin | Posted 05.25.2011 | Politics
Jerry Chautin

Bank regulation is caught up in political maneuvering. Pro and con lobbying groups are spinning legislators. We need reform.

Brett King: Banks are Losing the Customer and Innovation Battle

Brett King | Posted 05.25.2011 | Business
Brett King

Banks are just too slow at innovating the customer experience, leaving social media and mobile internet banking to third-parties, telecoms operators, device manufacturers, and tech start-ups.

Is Today The End For Giannoulias' Broadway Bank?

NBC Chicago | Posted 05.25.2011 | Chicago

Today is D-Day for the Giannoulias family business, Broadway Bank. Make that FDIC day. A team of government-backed financial regulators is waiting ...

Friday Talking Points [120] -- Republicans Chicken Out

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

Democrats had a pretty good week last week. As attention shifts to the struggle in the Senate over Wall Street reform, the two parties almost seem to have changed their normal methods of playing the political game.

Off Balance Sheet Derivatives: Show Me the Money!

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

It's always good to have something to ruminate on over the weekend. With bank reform being the "trill thrill" of the week, what's this derivative thing? And more important, who's got how much in play at the casinos?

The Next Financial Crisis: Coming to Your Neighborhood Soon?

SAFER | Posted 05.25.2011 | Business

Jane D'Arista SAFER & Political Economy Research Institute, University of Massachusetts, Amherst One of the fiercest debates during the Wall Street R...

The F Word: Economy is in the Eyes of the Beholder

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

In the U.S. right now, some see robust growth, others a limping progress. Where Tim Geithner sees gentle waves, New York Times business reporter Gretchen Morgenson sees tsunamis.

Sheila Bair | Zachery Kouwe | Posted 05.25.2011 | Business

Dealbreaker published a copy of an August 2008 email OTS Director John Reich sent to Sheila Bair after she emailed him about her desire to "discuss co...

Shahien Nasiripour

Volcker: New Government Powers Won't Be Able To Dismantle Megabanks; Too Big To Fail Lives Despite Reform Bill | Shahien Nasiripour | Posted 05.25.2011 | Business

Updated at 5:45 p.m. ET. Former Federal Reserve Chairman Paul Volcker believes the centerpiece of the administration's effort to end Too Big To Fail ...

Banking in America: Swimming in the Deep End

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

It occurred to me that, somewhere along the way, people might be curious about understanding bigger banks in some context other than political vilification.

Sheila Bair, FDIC Chief: Reform Bill Will Make Bailouts 'Impossible'

American Banker | Rob Blackwell | Posted 05.25.2011 | Business

Would this bill perpetuate bailouts? SHEILA BAIR: The status quo is bailouts. That's what we have now. If you don't do anything, you are going to kee...

FDIC Bank Sales: For Investors, It's Still 'Very Hard To Lose Money' On These Deals | Jonathan Keehner and Phil Mattingly | Posted 05.25.2011 | Business

The sales, some including no-interest financing from the agency, are part of an FDIC effort to clean out $40 billion of loans that regulators seized f...

WaMu Failure | SEWELL CHAN | Posted 05.25.2011 | Business

WASHINGTON -- Regulators failed for years to properly supervise the giant savings and loan Washington Mutual, even as the company wobbled under the we...

Deutsche Bank: 'America's Foreclosure King'

Spiegel Online International | Christoph Pauly and Thomas Schulz | Posted 05.25.2011 | Business

Deutsche Bank is deeply involved in the American real estate crisis. After initially profiting from subprime mortgages, it is now arranging to have ma...

CDO Capital: Banks Fight For Their Right To Keep Buying | By Yalman Onaran and Jody Shenn | Posted 05.25.2011 | Business

June 8 (Bloomberg) -- U.S. banks are fighting to preserve the use of securities that help them appear better capitalized, even as their investments in...

High-Schoolers Take the Financial Capability "Challenge"

Jason Alderman | Posted 11.17.2011 | Healthy Living
Jason Alderman

Part of the solution is to strengthen our financial education programs so that today's youths are better equipped to manage their own finances and avoid the mistakes of their parents.

The Unspoken Macro of the Citibank Saga

Warren Mosler | Posted 05.25.2011 | Business
Warren Mosler

Many of the same people who were involved in the bailouts, who still don't have a fundamental understanding of banking, are now designing a regulatory reform bill. Good luck to us.

Solving "Too Big to Fail": The Pursuit of Clarity

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

As much as Main Street needs strong community, regional, and national banks, we also need a central banking system to assert our national interests in the global economy.

Don't Trust Your Banks: They Are Still Cheating

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

This letter underscores for me, and millions of other bank customers, that nothing with the banks has changed, and that past deceptive practices are still in force.

Move Your Money: 90th Day Report

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

We are about to measure the first vote, if you will, of Move Your Money. The FDIC begins collecting Call Reports from the banks today, and then we'll be able to measure how deposits have shifted.

Dodd Bill Sets Up America for Another Credit Default Crisis

John Standerfer | Posted 05.25.2011 | Business
John Standerfer

In a capitalistic economy, it only makes sense that the provider of insurance to a larger firm would expect a form of payment for guaranteeing the risk. These days, that insurer is the government.

Senator Shelby: Dodd Bill Doesn't Fix 'Too Big To Fail'

Posted 05.25.2011 | Business

Alabama Senator Richard Shelby, the ranking Republican on the Senate Banking Committee, has written a letter to Treasury Secretary Tim Geithner voicin...

Bury Our Banks in Style!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

How can we bury the Too Small To Bailout banks in style? Here are a few suggestions.