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Finanical Regulation

New Bank Fees Hit Unsuspecting Customers

Mark Sunshine | Posted 05.25.2011 | Business
Mark Sunshine

A couple of days ago I became aware of the latest banking fee innovation; bank surcharges for "not" providing service. That's right, customers are being surcharged for not using their bank.

USAA Members Can Support Financial Reform

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As a consumer advocate and a military brat, I have long been a huge fan and a lifelong member of USAA. USAA is an insurance company that was set up to...

The Best Solution to Vampire Squid? Calamari

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

The financial services reform bill will be debated in the Senate next week. The great test for the bill will be what it does to rein in Goldman Sachs,...

Credit-Default Swaps | Zachary A. Goldfarb and Steven Mufson | Posted 05.25.2011 | Business

Europe moved ahead of the United States on Tuesday in advocating new measures to ban certain types of financial speculation after concerns surfaced th...

Why Wall Street Needs Pay Limits: Financial Times Op-Ed | Lucian Bebchuk | Posted 05.25.2011 | Business

A bill requiring federal regulators to draw up rules for compensation structures in the financial sector was passed by the US House of Representatives...

Why Does UBS Still Employ Phil Gramm?

The Big Picture | Barry Rithholtz | Posted 05.25.2011 | Business

Last week, UBS announced a 2nd Quarter loss "due to restructuring charges." The banking giant is raising $3.45 billion in a stock sale. Partly owned ...