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Finance
TARP Watchdog's Report: Treasury Misled Public On Bailouts
AP | MARTIN CRUTSINGER | Posted 10.05.2009 | Business
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WASHINGTON — The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial bank...
Goldman Sachs To Be Paid $1 Billion If CIT Fails; Taxpayers Would Lose $2 Billion
Financial Times | By Henny Sender and Saskia Scholtes | Posted 10.04.2009 | Business
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Goldman Sachs stands to receive a payment of $1bn -- while US taxpayers would lose $2.3bn -- if embattled commercial lender CIT files for Chapter 11 b...
Where Will the Jobs Come From?
John K. Delaney | Posted 12.02.2009 | Business
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To be an employed nation we have to return to our roots and embrace, encourage and reward entrepreneurs and small businesses.
Toxic Assets: Government's New Programs Aim To Buy Buy Banks' Bad Assets, Help Home Buyers
Washington Post | Renae Merle and David Cho | Posted 11.28.2009 | Business
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The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...
FDIC Expected To Ask Banks For $36B In Prepaid Insurance Fees
AP | By MARCY GORDON | Posted 11.28.2009 | Business
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WASHINGTON (AP)-- The Federal Deposit Insurance Corp. may take the unprecedented step of ordering banks to prepay about $36 billion in premiums to rep...
Beyond the Tobin Tax: End the Free Ride for the Financial Sector and Impose Fees to Revive the Economy
Kyle G. Brown | Posted 11.28.2009 | Business
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The most reliable way to expand tax revenues would be to impose a modest fee on every stock, every bond -- in short, every financial transaction.
Money Walks, Fossil Fuel Talks
Richard Stuebi | Posted 11.26.2009 | Green
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Over the coming months running up to the Copenhagen Climate Change Conference, it will be interesting to see which side can amass more force: finance or fossil fuels.
Ecopreneur: An Innovative Way to Attract Investors in a Recession
Kristin Boekhoff | Posted 11.24.2009 | Business
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I don't have to convince the Bangladeshis of the potential of their country. They are keen to change the world's negative perception of Bangladesh; a high-profile, luxury eco resort could do just that.
White House Waters Down Financial Reform Bill
Wall Street Journal | DAMIAN PALETTA and KARA SCANNELL | Posted 11.23.2009 | Business
Congressional Democrats and the White House are softening some elements of the Obama administration's proposal to overhaul financial-market supervisio...
The Exchange, Beyond the Numbers
Venkat Srinivasan | Posted 11.15.2009 | New York
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September 15, 2008 -- the day that Lehman died, one year later.
3 More Banks Fail: 2009 Tally Hits 92
CNNMoney.com | Ben Rooney | Posted 11.13.2009 | Home
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Regulators closed one large bank in Illinois on Friday in one of the biggest collapses of the year, while two other smaller failures pushed the 2009 t...
Obama Heads To Wall Street To Urge Reform
Washington Post | Brady Dennis | Posted 11.13.2009 | Politics
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President Obama will head to Wall Street on Monday to try to breathe new life into efforts to overhaul the financial regulatory system, an undertaking...
Obama Wall Street Speech To Focus On Regulation
AP | PHILIP ELLIOTT | Posted 11.13.2009 | Politics
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WASHINGTON — President Barack Obama plans to use the first anniversary of Lehman Brothers' collapse to talk about plans to wind down the governm...
Risk-taking Is Back For Banks 1 Year After Crisis
AP | By STEVENSON JACOBS | Posted 11.13.2009 | Business
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NEW YORK (AP) -- A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk. Gol...
Washington D.C. Becomes New Financial Center
Washington Post | David Cho, Steven Mufson and Tomoeh Murakami Tse | Posted 11.12.2009 | Business
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As financial firms navigate a life more closely connected to government aid and oversight than ever before, they increasingly turn to Washington, clos...
Danny Pang Dead: Financier Under Investigation Dies
AP | CHRISTOPHER WEBER | Posted 11.12.2009 | Business
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LOS ANGELES — Danny Pang, an Orange County financier accused by federal regulators of defrauding investors out of hundreds of millions of dollar...
Tales From Lehman's Crypt: How Former Employees Are Faring
The New York Times | LOUISE STORY and LANDON THOMAS Jr. | Posted 11.12.2009 | Business
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True, thousands of financial industry jobs have vanished and several of the country's best-known banks and brokerage firms have disappeared. Since a p...
Little Change On Wall St. A Year After Lehman Collapse
New York Times | Alex Berenson | Posted 11.11.2009 | Business
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One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little....
Obama's Missed Moment
Les Leopold | Posted 11.10.2009 | Business
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All Barack Obama had to do was to address, and then focus, the anger felt all over America about the incredible rip-off that is called Wall Street.
The Financial Identity Crisis
Schuyler Brown | Posted 11.08.2009 | Business
People are just not loyal to banks anymore, and why should they be? Banks leveled the first blow to the relationship by becoming estranged, unfamiliar and impersonal.
Simon Johnson on Bank State Capture
Robert Teitelman | Posted 11.08.2009 | Business
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As a sector, what is the optimal size for finance? And how far should we shrink it down to achieve the kind of real growth that will reduce unemployment and drive incomes across the board?
Soldier of Fortune
Yvette Kantrow | Posted 11.08.2009 | Media
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General Electric Co.'s Jeff Immelt,
Ram Charan,
Finance,
Fortune Magazine,
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Nalco Co.'s Erik Fyrwald,
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Avon Products Inc.'s Andrea Jung,
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Ram Charan's article, "My (Recovery) Playbook," is a feature-length, reported story, complete with upbeat quotes from CEOs -- some of whom also happen to be clients of none other than Ram Charan.
Government Faces Tough Decisions About How To Stabilize Mortgage Market
washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business
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Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...
"Lad's Culture": Report Finds Sexism In Britain's Financial Institutions
The Independent | By Robert Verkaik | Posted 10.22.2009 | Home
Women working in banks and other financial institutions told the EHRC that workers who become pregnant routinely face redundancy, and that recruitment...
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Paul Szep | Posted 10.05.2009 | Comedy