Obama Bank Tax

Bank Tax Relieves Taxpayers In Germany, France, UK

AP | MELISSA EDDY | Posted 05.25.2011

Read More: European Debt Crisis, G20 Summit, Bank Levy, Bank Tax, British Bankers' Association, Angela Merkel, European Union, Nicholas Sarkozy, Bailout, George Osborne, Bailouts, Obama Bank Tax, Business News

BERLIN — Britain, France and Germany on Tuesday committed to levying a fee on banks to shield taxpayers from the cost of resolving financial cri...

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Webb Wants Banker Tax As Amendment To Jobs Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Obama Bank Tax, Jobs Bill, Bank Tax, Webb Bank Tax, Jim Webb, Bank Tax Jobs Bill, Bank Bonuses, Politics News

Sen. Jim Webb (D-Va.), who rarely gets into battles he thinks he can't win, said on Friday that he'll push to include a windfall bonus tax as an amend...

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Barney Frank: Bank Reforms Proposed By Obama Could Become Law Within Months

ft.com | Patrick Jenkins and Gillian Tett | Posted 05.25.2011

Read More: White House, Bank Reform, Financial Reform, Barney Frank, Too Big to Fail, Banks, Obama Bank Tax, Paul Volcker, Volcker Rule, Business News

President Barack Obama's proposals to rein in the US banking sector and its practices could be enacted into law within six months, according to a key ...

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Obama's Bank Reforms Must Move Beyond Populism: Arthur Levitt

ft.com | Arthur Levitt | Posted 05.25.2011

Read More: Populism, Obama Bank Tax, Too Big to Fail, Obama Financial Reform, Volcker Rule, Barack Obama, Recession, Volcker, Fiscal Policy, Business News

So while the most recent ideas coming from the White House are controversial, they provide an opportunity to begin a meaningful discussion on how to a...

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Bill Gates Gets Behind Obama's Plan To Tax Biggest Banks (VIDEO)

Posted 05.25.2011

Read More: George Stephanopoulos, Federal Budget Deficit, Bill Gates, Obama Bank Fee, Obama Bank Tax, Federal Budget, ABC Good Morning America, Business News

In an interview with George Stephanopoulos on ABC's "Good Morning America" today, Bill Gates threw his support behind President Obama's economic polic...

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NYU Economists

Viral Acharya and Matthew Richardson | Posted 05.25.2011

Read More: NYU Stern School of Business, Viral Acharya, Obama Reform, Volcker Rule, Financial Crisis, Matthew Richardson, Obama Bank Tax, Fiscal Policy, Glass-Steagall, Business News

Obama's sweeping proposal for financial regulation took the world by surprise. Here two of the world's leading professors of finance explain why it is...

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Why Obama Is (Finally) Taking on Wall Street

Robert Reich | Posted 05.25.2011

Read More: Scott Brown, Robert Reich, Obama Wall Street, Obama Bonuses, Larry Summers, Obama Bank Tax, Timothy Geithner, Obama Banks, Barack Obama, Glass-Steagall, Politics News

Democratscan't target big government because Republicans do that one better, especially when they're out of power. So what's the alternative? Wall Street.

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Behind Obama's Decision To Toughen Stance On Big Banks

Wall Street Journal | Jonathan Weisman | Posted 05.25.2011

Read More: Timothy Geithner, Obama Bank Restrictions, Lawrence Summers, Obama Administration, Obama Bank Tax, Obama, Wall Street Regulation, Obama Banks, Paul Volcker, Obama Economic Team, Wall Street, Politics News

For nearly a year, President Barack Obama's economic team resisted measures to restrict the size and activities of the biggest U.S. banks. Two days af...

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Joseph Stiglitz Interview: 'We're More Strict With Our Poor Than With Our Banks'

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Foreclosures, Stiglitz New Book, Council of Economic Advisers, Financial Reform, World Bank, Obama Bank Tax, Larry Summers, Stimulus, Barack Obama, Recession, Nobel Prize, Joseph Stiglitz, Bank Tax, Financial Crisis, Banks, Freefall, Business News

During the economic turmoil of the last few years, Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has been one of the...

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Obama Bank Tax Could Face Legal Battle From Wall Street

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Financial Crisis Responsibilty Fee, Goldman Sachs, Bank Tax, Jpmorgan, Michael Steele, Bank of America, Obama Bank Tax, Jamie Dimon, Bank Tax Costs, Citigroup, Business News

Critics of the Obama administration's proposed bank tax have called the levy arbitrary, punitive and unfair. Now they may repeat those same claims in ...

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Bank Tax Won't Stop "Doomsday Cycle": Simon Johnson

Financial Times | Posted 05.25.2011

Read More: Wall Street, Bank Tax, Obama Bank Tax, Financial Crisis, Financial TImes, Obama Banks, Business News

The last few weeks of political developments around the American-European financial system make us feel like we are back in the USSR. During the final...

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Obama Bank Tax: President Weights Levy On Largest Banks To Recoup Bailout Funds

AP | JIM KUHNHENN and PHILIP ELLIOTT | Posted 05.25.2011

Read More: Tarp, Bailout, Wall Street, Bank Levy, Obama Bank Tax, Big Bank Tax, Trouble-Asset-Releif-Program, Bak Loans, Wall Street Bonuses, Risk, Business News

WASHINGTON — President Barack Obama plans to announce a new fee Thursday on the country's biggest financial firms to recover up to $120 billion ...

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Bank Tax: Obama Seeks $90 Billion Levy From Big Banks

AP | JIM KUHNHENN | Posted 05.25.2011

Read More: Tarp, Wall Street, Financial Bailout, Bank Tax, Obama Bank Tax, Financial Crisis, Obama, Bank Bailout, Business News

WASHINGTON — President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the heig...

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Obama Weekly Address Slams Banks For Selfishness: 'It's A Sight To See' (VIDEO)

Posted 05.25.2011

Read More: Video, Barack Obama, Bank Tax, Obama Bank Tax, President Obama, Banks, Obama Weekly Address, Obama Video, Politics News

DARLENE SUPERVILLE, Associated Press WASHINGTON - President Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing...

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Obama Bank Tax: Follow The Latest Updates On Twitter!

Posted 05.25.2011

Read More: Carry Trade, Banks, Obama Bank Tax, Bank Levy, Wall Street, Bank Tax, Too Big to Fail, Business News

As several news outlets are reporting this morning, the Obama administration is pondering a levy on the nation's largest -- and riskiest -- banking in...

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Citigroup: Bonuses To Be Capped At Under $100,000

ft.com | Francesco Guerrera | Posted 05.25.2011

Read More: Tarp, Bank Tax, Citibank, Financial Crisis, Obama Bank Tax, Citigroup Bonuses, Bank Bonuses, Windfall Profits Tax, Citigroup, Business News

Citigroup is to cap cash bonuses for bankers at below $100,000, according to people close to the situation. The move is aimed at defusing the public i...

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