NEW YORK (Reuters) - A day after saying big U.S. banks probably needed to raise only one-fourth the capital demanded by the government, Standard & Po...
Anthony Citrano | Posted 06.06.2009 | Business
The stress tests mostly overlook derivatives -- the $50 trillion elephant in the room -- by effectively letting banks apply their prior calculus in valuing them.
Bill Buzenberg | Posted 06.05.2009 | Business
It's time to set aside the myth of the mega-bank as victim. These banks aren't "too big to fail," but simply "too politically connected to fail."
The Hill | Ian Swanson | Posted 04.17.2009 | Business
AIG's new management team last year proposed that its employees give up their "retention" bonuses, or at least reduce them. The response from the 370 ...
David Sirota | Posted 03.29.2009 | Politics
Before we get scared about the prospect of nationalization, let's remember: nationalization already pervades far more than the banking industry -- it's all around us.
Robert Kuttner | Posted 03.26.2009 | Politics
It will take much stronger medicine to avert a depression than the measures taken to date, and the president needs to rally public opinion if he is to persuade Congress to act at the necessary scale.
William K. Black | Posted 03.26.2009 | Business
Paulson and Geithner's refusal to comply with the law has already cost the taxpayers scores of billions of dollars in unnecessary costs. Geithner indicated Friday that he would continue to flout the law.
James Moore | Posted 03.26.2009 | Business
Rick Santelli and others are guilty of extreme hypocrisy, the type that only raises its moral head when it serves a particular constituency.
Henry Blodget | Posted 03.26.2009 | Business
Nationalization does not mean "government-run banks." It means temporary seizure and restructuring. Customers are protected. Depositors are protected. Jobs are protected.
Raymond J. Learsy | Posted 03.25.2009 | Business
Without trust, without confidence that your counterparty financing institutions can deliver or be trusted to execute the obligations they undertake, commerce as we know it will come to a standstill.
Miles Mogulescu | Posted 03.25.2009 | Business
In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.
Jay Mandle | Posted 03.25.2009 | Business
Nationalizing failed banks will not be an easy sell. The country has had a long romance with markets and the residue of that infatuation persists among significant segments of the population.
David Paul | Posted 03.24.2009 | Business
For years, America has told other countries how to deal with financial crises -- cut your losses. Clean up your balance sheets. Get on with it. This week, the stock market said the same thing.
Hale "Bonddad" Stewart | Posted 03.22.2009 | Business
How do me make the transition from private to public ownership with the smallest amount of disruptions -- especially at a time when the financial markets are hanging on by a thread?
AP | FRANK BASS and RITA BEAMISH | Posted 03.04.2009 | Business
SANTA CLARA, Calif. — Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs ...
New York Times | EDMUND L. ANDREWS | Posted 02.15.2009 | Business
Last fall, as Federal Reserve and Treasury Department officials rode to the rescue of one financial institution after another, they took great pains t...
CNN | David Ellis | Posted 01.08.2009 | Business
The Treasury Department better order some new checkbooks. So far, the Treasury Department has invested $161.5 billion in 52 companies as of last week...
Reuters | Jonathan Stempel | Posted 06.15.2009 | Business