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US Banks

Felix Salmon: U.S. banks will be "toast" if more U.S. homeowners catch onto new take of the "jingle mail" trend (VIDEO)

Huffington Post | Sherry Shen | Posted 05.25.2011 | Business

Reuters blogger Felix Salmon believes that if more and more struggling homeowners continue walking away from their homes, U.S. banks could be "toast."...

We're moving!

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger


United States of America vs. UBS: A Step Too Far?

Georges Ugeux | Posted 05.25.2011 | Politics
Georges Ugeux

There is no winner when fundamental rule of law and customer loyalty are not respected. This will have major ramifications outside of Switzerland and the United States.

Commercial Real Estate Crash Would Cripple U.S. Banks

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

A commercial real estate implosion has been predicted for months by many observers, including this writer.

Why Barack Obama Cannot Prevent America's Next Great Depression

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

President Obama may be fated to travel the same path as Gorbachev, and like him, end up as a valiant failure.

Banks Still Pulling Sway On Major Credit Card Bill

The New York Times | Posted 05.25.2011 | Politics

They may be held in low esteem around the nation, but the country's largest banks still wield considerable influence in Washington....

Fed Tells Banks To Keep Quiet On Stress Tests

Bloomberg | Bradley Keoun and Scott Lanman | Posted 05.25.2011 | Business

The U.S. Federal Reserve has told Goldman Sachs Group Inc., Citigroup Inc. and other banks to keep mum on the results of "stress tests" that will gaug...

Treasury To Offer Details On Toxic-Asset Plan In Coming Week

Reuters | Glenn Somerville | Posted 05.25.2011 | Business

The Treasury will offer more details in the coming week about how proposed public-private partnerships to take bad assets off banks' books will work, ...

US Banks Post First Quarterly Loss Since 1990; 252 Banks In Trouble, FDIC Says

AP | MARCY GORDON | Posted 05.25.2011 | Business

UPDATE: FDIC is raising its fees and will charge banks an emergency fee. For more, click here. WASHINGTON — The nation's banks lost $26.2 billion...

Sam Stein

Graham: Nationalizing Banks Should Be On The Table | Sam Stein | Posted 05.25.2011 | Politics

In a gloomy segment about the financial sector on ABC'S This Week, two self-avowed fiscal conservatives said that the U.S. Government should at least ...

Treasury Made Controversial Tax Policy Change Under Cover Of Bailout Debate

Washington Post | Amit R. Paley | Posted 05.25.2011 | Business

The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking i...

If We Can Nationalize Banks, Why Not Health Care?

Rose Ann DeMoro | Posted 11.17.2011 | Healthy Living
Rose Ann DeMoro

On the heels of reports Thursday that the Bush Admin. is considering taking part ownership of banks, it's time to ask, why can't we have a similar approach for our collapsing healthcare system?

FDIC chair: Deposits in nation's banks are safe

AP | Posted 05.25.2011 | Business

WASHINGTON — The nation's banking system is "absolutely safe" and Americans' insured deposits in banks protected, the head of the Federal Deposi...

Wachovia To Get Cash Infusion

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Wachovia Corp. is getting a lesson in "timing is everything." The nation's fourth-largest bank reported a $393 million first ...

Fed Survey: Banks Tightening Credit

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscor...

Fed Increases Lending To Banks

Reuters | Posted 05.25.2011 | Business

United States banks on average borrowed $4.83 billion a day directly from the Federal Reserve in the week ended Dec. 26, up from $4.62 billion a day t...