View By Tag : big banks
A.I.G. Reports $8.87 Billion Loss in 4th Quarter (www.nytimes.com)
The American International Group, the insurance giant, said on Friday that it lost $8.87 billion in the fourth quarter as it paid down some of the billions of dollars in bailout loans it received from... More
Submitted 21 days ago by gregplaysdrums | 0 Comments |
New Credit Card Act - And New Ways Around It (www.banksterusa.org)
This week as the new credit card act takes effect to much fanfare, Jon Stewart and The Daily Show nail it again. Watch:
Submitted 22 days ago by gregplaysdrums | 0 Comments |
More reasons to move your money (www.salon.com)
A few insights about banking gleaned from today's headlines.
Submitted 23 days ago by gregplaysdrums | 0 Comments |
'Volcker Rule' Stalls in Senate (online.wsj.com)
Key senators are expected to scrap President Barack Obama's proposal to prohibit commercial banks from certain risky trading activities, people familiar with the matter said, a setback for the... More
Submitted 23 days ago by gregplaysdrums | 0 Comments |
Geithner Calls Meeting on Banking Rules as Action Heats Up (blogs.wsj.com)
A lot of action is expected this week in the Senate – and in the Obama administration – over the White House’s push for new financial rules. Senate Banking Committee Chairman Christopher Dodd... More
Submitted 24 days ago by gregplaysdrums | 0 Comments |
Wall Street bonuses jumped 17 percent last year (www.reuters.com)
Bonuses on Wall Street rose 17 percent last year to $20.3 billion even as the industry faced a public backlash over pay practices.
Submitted 24 days ago by gregplaysdrums | 0 Comments |
US' Geithner pushes for independent consumer agency (www.reuters.com)
The Obama administration is still fighting for a single, independent consumer financial protection agency, U.S. Treasury Secretary Timothy Geithner said on Monday as lawmakers haggled over a financial... More
Submitted 25 days ago by gregplaysdrums | 0 Comments |
Credit-Card Fees: the New Traps (online.wsj.com)
A new federal credit-card law that takes effect Monday could erase billions of dollars a year in fees and interest charges paid by consumers. But card issuers are already deploying new tactics that... More
Submitted 25 days ago by gregplaysdrums | 0 Comments |
Break Up With Your Abusive Big Bank -- Move Your Money (www.huffingtonpost.com)
Colorado customers of the "Too Big To Fail" banks are sending a clear message that they've had enough of Wall Street excess, and they're hitting them where it hurts the most--right in their deep... More
Submitted 28 days ago by gregplaysdrums | 0 Comments |
MOVING L.A.’S MONEY (moveyourmoney.info)
The city of Los Angeles is considering a proposal to re-evaluate where it keeps its money. The plan, first brought up by councilman Richard Alarcon, would divest city deposits in banks that don’t... More
Submitted 29 days ago by gregplaysdrums | 0 Comments |
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