Topic: Wall Street
WASHINGTON (Reuters) - Smaller banks that got U.S. government bailout money are likely to run into trouble repaying it and may become vulnerable to takeovers as a result, a congressional watchdog agency warned on Wednesday.In its latest critique of the Treasury Department's ...
Bailouts designed for Wall Street may be hurting small banks, stalling recovery, watchdog saysTo the list of economic woes squeezing small banks, add another one: government bailouts.The Treasury Department's bailout program was designed with Wall Street megabanks in mind, according to a ...
WASHINGTON (Reuters) - Democratic Senator Ben Nelson said on Tuesday he will back a historic rewrite of financial regulations, likely giving the bill enough votes to win final approval in Congress."I will support the Wall Street reform bill to end bailouts, add ...
There was lots of talk in the mainstream media about how the recent financial markets reform passed by Congress was the " This allowed Wall Street to turn into a casino where the gamblers could make 50-1, 100-1 bets and worse. In ...
Meanwhile, our friend Achim Duebel in Berlin is buying one year Greece with a 10% yield. Rubin, Summers and Greenspan," The Institutional Risk Analyst, April 28, 2008), Rubin remains inside the circle at the White House. No matter what Secretary Geithner says ...
Well it has been more than two years since the financial disaster has hit the nation and the taxpayers have had to bail out banks, car companies, insurance companies, and even the largest Wall Street financial firms. It is important to remember ...
WASHINGTON (Reuters) - A Republican senator whose support will be crucial to Democrats' chances of passing a landmark Wall Street reform bill said on Monday she was concerned about a bank tax added to it at the last minute."I have concerns about ...
Policymakers have utterly failed in understanding that the Euro currency system is fundamentally different from the others around the globe - specifically in Japan, UK and USA. As I have maintained for years there is no true fix in Europe that doesn't ...
US President Barack Obama called on Congress on Saturday to give final approval to Wall Street reform, arguing it will ensure the strongest consumer financial protections in US history."I don't have to tell you why these reforms are so important," Obama said ...
TORONTO (Reuters) - President Barack Obama, fresh from a win on a sweeping overhaul of Wall Street regulations, on Saturday urged Congress to take up his proposal for a $90 billion, 10-year tax on banks as the next step in reform.Obama wants ...
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