Banking

Well Regulated BS

Amitai Etzioni | Posted 07.18.2008 | Politics

Read More: Fannie Mae Bailout, Campaign Finance Reform, Freddie Mac, Freddie Mac Bailout, Economy, Government Regulations, Banking, Banking Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Campaign Finance, Politics News
Amitai Etzioni

As long as politicians can take money from the industries that are supposed to be regulated, taxpayers will keep paying for the profiteering of these industries.

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Tax Havens Hearing

Sen. Carl Levin | Posted 07.17.2008 | Politics

Read More: Tax Haven, Liechtenstein, Levin, Abuses, Switzerland, Tax Abuse, Banking, Politics News
Sen. Carl Levin

Tax havens like Lichtenstein are engaged in economic warfare against the US and honest, hardworking taxpayers. Each year, the US Treasury loses an estimated $100 billion in revenues from offshore abuses.

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A Young Entrepreneur on Bank Failures and Small Business

Scott Sinclair | Posted 07.14.2008 | Business

Read More: Investment Banks, U.S. Economy, Job Market, Small Business, The Balanced Life, Job Cuts, Economy, Banking, Financial Crisis, Federal Reserve, Commuting, Business News
Scott Sinclair

In the wake of the failure of Bear Stearns, with layoffs at all the major financial institutions and the threat of more bank failures, it's entrepreneurs and small business owners who are investing in the American dream.

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It's A Very Serious Banking Crisis

Hale "Bonddad" Stewart | Posted 07.14.2008 | Business

Read More: Banking, Mortgage Loans, Mortgages, Loans, Business News
Hale

The amount of money banks are setting aside to absorb losses is increasing, as is the amount of money they are charging off. Neither of these are good developments.

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Easiest Job on Planet: Bank CEO

Henry Blodget | Posted 04.22.2008 | Business

Read More: Bank CEOs, CEO Pay, Finance, Market Crisis, CEO Bonuses, Banking, Financial Crisis, CEO Compensation, Fortune Magazine, Business News
Henry Blodget

Take the job after an economic downturn, announce "new era" for Your Bank, have PR people place a Fortune cover story about you, and sit in your chair for three years and collect at least $50 million.

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The Debate Over Our Checkbooks: Our Livelihoods and Our Liberty

Heath Calvert | Posted 04.17.2008 | Politics

Read More: Presidential, Politics, Bailout, Federal Reserve, Economy, Banking, Debates, Wall Street, Politics News
Heath Calvert

Oh man, wasn't last week's National Enquirer Presidential Debate phenomenal? We talked about all the important issues. Talked, again, about Hillary (...

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JPMorgan Still On The Hunt For New Acquisitions

Financial Times | By Francesco Guerrera and Ben White | Posted 04.16.2008 | Business

Read More: JPMorgan Chase, Banking, JPMorgan Chase Acquisition, JPMorgan Chase Bear Stearns, Business News

JPMorgan Chase remains on the acquisition trail in spite of its recent takeover of Bear Stearns and tough market conditions, Jamie Dimon, chairman and...

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Ambac Private Stock Sale May Raise $2.5 Billion

CNBC | Charles Gasparino | Posted 03.05.2008 | Business

Read More: U.S. Economy, Citigroup, Ambac, Banking, Ambac Triple a Rating, Triple a Rating, Business News

A consortium of banks is planning to underwrite a private sale of as much as $2.5 billion of Ambac stock to shore up the bond insurer's capital, which...

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The New Bailout: Individual Health Insurance Mandates and Greater Personal Debt

Rose Ann DeMoro | Posted 02.08.2008 | Politics

Read More: Health Care and Banking, Subprime Mortgages, Subprime Mortgage Crisis, Banking, Hillary Clinton, Subprime Loans, 2008 Election, Health Care, Barack Obama, Politics News
Rose Ann DeMoro

The banks are already into health care in a big way, serving as a repository for health savings accounts and other tax credit schemes. But the financiers would like more.

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Who Will Take On the Banks?

Robert Scheer | Posted 01.23.2008 | Politics

Read More: Investment Banks, Banking, Dennis Kucinich, Politics News
Robert Scheer

For decades, banking lobbyists have pushed through legislation freeing them to wreak havoc on our lives while they profit from lucrative personal bailouts even as their own companies suffer.

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Cayne To Step Down As Bear Stearns CEO

CNBC | Charles Gasparino | Posted 01.08.2008 | Business

Read More: Subprime Bond Market, Cnbc, Banking, Subprime Lending, Bear Stearns, Alan Schwartz, James Cayne, Business News

James Cayne has resigned as chief executive officer of Bear Stearns, amid widespread concern over his management of the Wall Street firm that has been...

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Barclays Bankrolling Zimbabwe Regime

Sunday Times of London (U.K.) | Christopher Thompson, Jonathan Calvert and Jonathan Ungoed-Thomas | Posted 11.10.2007 | Business

Read More: Barclays, Banking, Zimbabwe, Robert Mugabe, Business News

BARCLAYS is bankrolling President Robert Mugabe's corrupt regime in Zimbabwe by providing substantial loans to cronies given land seized from white fa...

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Biggest Bank Merger Ever Set To Close For $101 Billion

Wall Street Journal | JASON SINGER and CARRICK MOLLENKAMP | Posted 10.04.2007 | Business

Read More: Banking, ABN Amro, Royal Bank of Scotland, Mergers, Business News

The biggest banking deal ever is likely to conclude today, resulting in the dismemberment of one of Europe's largest banks. The significance of the d...

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UK Govt Guarantees Bank Customers' Savings As Crisis Looms

The Guardian (U.K.) | Larry Elliott and Ashley Seager | Posted 09.17.2007 | Business

Read More: Banking, Savings, Northern Rock, United Kingdom, Business News

The government last night issued an emergency pledge to Northern Rock savers that their money is safe, after a third day of queues outside branches th...

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