Congressional Documents and Publications Insurance News Net (press release) The three major components of HR 2555 are all directed at accomplishing the same thing: Shifting the cost and risk from bad decisions by a few to the rest ...
Brown Tries to Turn Double-Dip UK Threat to Benefit Bloomberg Fitch Ratings said this week that the UK needs to curb the deficit faster than the government plans, and its credit profile has deteriorated pretty sharply ...
Derivatives debate splits US, Europe regulators Texarkana Gazette Whatever rules Congress proposes, Gensler said there should be no such exemption for credit default swaps. The swaps account for an estimated $60 trillion ...
Billions gouged by the big banks BusinessDay.com.au The Reserve Bank has indirectly accused Australia's major banks of profiteering on interest rates, saying the recent series of ''super-sized'' rate rises ...
Economy presents challenges, opportunities Capital Press (subscription) While farm bankruptcies jumped and the Farm Credit System charged off about $500 million in bad debt last year, Jamie Stewart, president and CEO of the ...
Credit-card users not so responsible after all? SILive.com A study by consumer credit research site CardHub.com found that accounts for the bulk of the $93.2 billion drop in consumer card balances reported by the ...
BofA 'Comfortable' Bank Can Absorb Home-Equity Losses Bloomberg The business is not pretty and bad loans are elevated, but it's not a big issue for us in terms of write-downs, said Moynihan, whose bank is based in ...
Senators Target Wall Street's Egregious Practices Common Dreams (press release) Those two proposals try to resurrect the wall between Main Street banking and Wall Street trading, a Depression-era reform that was torn down during the ...
US HOT STOCKS: Men's Wearhouse, Gymboree, FuelCell Energy Wall Street Journal (CSUN, $4.08, -$0.20, -4.67%) reported a surprise fourth-quarter loss on a bad-debt provision, but the Chinese solar cell maker's revenue more than doubled ...
Derivatives debate splits US and Europe regulators BusinessWeek Whatever rules Congress proposes, Gensler said "there should be no such exemption for" credit default swaps. The swaps account for an estimated $60 trillion ...
RBA shines light on rates gouging Brisbane Times THE Reserve Bank has suggested the major banks may be profiteering from their recent round of interest rate increases, arguing moves on lending rates over ...
US HOT STOCKS: Men's Wearhouse, Gymboree, FuelCell Energy Wall Street Journal (CSUN, $4.12, -$0.16, -3.74%) reported a surprise fourth-quarter loss on a bad-debt provision, but the Chinese solar cell maker's revenue more than doubled ...
