Sheila Bair: Shareholders Should Demand That Big Banks Break Up
America is downsizing. Whether it's the food we eat, the cars we drive, or the houses we live in, Americans are concluding that smaller is better. Eve...
America is downsizing. Whether it's the food we eat, the cars we drive, or the houses we live in, Americans are concluding that smaller is better. Eve...
Sen. Jon Tester | Posted 05.25.2011
Our entire economy almost collapsed a year-and-a-half ago because there were no referees on Wall Street. And sadly, hardworking, honest taxpayers paid the price. Our bill will prevent that from happening again.
bloomberg.com | Michael Mckee and Scott Lanman | Posted 05.25.2011
Oct. 15 (Bloomberg) -- U.S. regulators should consider breaking up large financial institutions considered "too big to fail," former Federal Reserve C...
The Huffington Post | Ryan MCCarthy | Posted 05.25.2011
The Treasury Department and the House Financial Services Committee chairman Barney Frank (D - Mass.) last night unveiled a sweeping new bill that atte...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
It may be the most direct apology of the financial crisis. Former Citigroup chairman and CEO, John Reed, has apologized to a Bloomberg reporter fo...
nytimes.com | Posted 05.25.2011
The head of the U.S. Federal Deposit Insurance Corp. said on Sunday that she wanted to end the "too big to fail" doctrine and shrink the shadow bankin...
Reuters | Posted 05.25.2011
WASHINGTON, Oct 23 (Reuters) - The Obama administration plans to unveil on Monday a new plan for dealing with troubled financial giants, said a senior...
AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 05.25.2011
WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...
Reuters | Rolfe Winkler | Posted 05.25.2011
For the big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks -Citigroup, JPMorgan Chase, Bank o...
bloomberg.com | Alison Fitzgerald and Christine Harper | Posted 05.25.2011
One year after the demise of Lehman Brothers Holdings Inc. paralyzed the financial system, “mega-banks,” as Fine’s group calls them, are as inte...
nytimes.com | ERIC DASH | Posted 05.25.2011
The thrust of the plan is to have banks, particularly those deemed too big to fail, maintain larger capital cushions -- a move bankers have traditiona...
nytimes.com | JULIE CRESWELL and STEPHEN LABATON | Posted 05.25.2011
The CIT Group is one of the nation's biggest lenders to small businesses. But a debate is swirling in Washington over whether it is large enough -- or...
Fortune | Sheila Bair | Posted 01.18.2012