|
|
|||||||||||||
|
Conn Corroll The Washington Examiner 3/16/2013 Over a decade ago in 2001, the Federal Reserve planted the seeds of the 2008 financial crisis by lowering its target for the federal funds rate from 6.25 percent to 1.75 percent. Since this interest rate is a benchmark number used throughout financial markets, many first-time homebuyers were able […] March 17th, 2013 | Tags: Attorney General Eric Holder, Ben Bernanke, derivatives, Dodd-Frank Wall Street Reform and Consumer Protection Act, feudalism, housing bubble, investors, Janet Yellen, JP Morgan Chase, quantitative easing, real estate, Sen. Carl Levin, Sen. John McCain | Category: "Stimulus" program, Banking and finance, banking regulations, Congress, corruption, Department of Justice, Economy, Federal Reserve | Comments are closed
Michael Barone Rasmussen Reports 1/7/2013 Over the next year, we will probably see much controversy over the implementation of Obamacare. Health insurance is something that almost every adult has some acquaintance with, and there seem to be glitches aplenty in the legislation, much delay in issuing regulations and some possible changes resulting from litigation. We’re […] January 7th, 2013 | Tags: bankruptcy, cronyism, David Skeel, derivatives, Dodd-Frank Wall Street Reform and Consumer Protection Act, Treasury Secretary Timothy Geithner | Category: Banking and finance, banking regulations, Books/media, Congress, Economy, federal regulations, Politicians, TARP | Comments are closed
It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m ($455 million US) fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost banks billions Jamie Doward The Guardian [UK] 30 June 2012 […] July 3rd, 2012 | Tags: Barclays Bank, Bob Diamond, Charles Schwab, Citibank, derivatives, Deutshe Bank, Euribor, fraud, HSBC, interest rates, Libor, Lloyds, Royal Bank of Scotland, UBS | Category: Asia, Banking and finance, corruption, Crime, Department of Justice, Europe, Great Britain, United States | Comments are closed
Bank Admits Losses on Massive Trading Bet Gone Wrong; Dimon’s Mea Culpa Dan Fitzpatrick, Gregory Zuckerman and Liz Rappaport The Wall Street Journal 5/10/2012 A massive trading bet boomeranged on J.P. Morgan Chase & Co., leaving the bank with at least $2 billion in trading losses and its chief executive, James Dimon, with a rare […] May 10th, 2012 | Tags: "the London whale", corporate bonds, derivatives, James Dimon, JP Morgan Chase, trading | Category: Banking and finance, Economy, federal regulations | Comments are closed
Associated Press via FoxNews.com 12/2/2011 A congressional panel has subpoenaed former Sen. Jon Corzine to testify next week about his role leading MF Global, a brokerage firm that collapsed this fall after a disastrous bet on European debt. The House Agriculture Committee voted Friday to issue the subpoena. Committee Chairman Rep. Frank Lucas, R-Okla., said […] December 2nd, 2011 | Tags: bankruptcy, Debt, derivatives, fraud, House Agricultural Committee, Jon Corzine, MF Global, Rep. Frank Lucas, Vice President Joe Biden | Category: Banking and finance, banking regulations, Barack Obama, Congress, corruption, Crime, Europe, Glenn Beck, Goldman Sachs | Comments are closed
Five exclamation points, so that you know that it’s important. Moe Lane RedState 3/21/2011 Yes, yes, I know: who? I invite the reader to go back to an understated post of mine from September 2010 entitled “Elizabeth Warren will rise from the sea to destroy us all!“: essentially, it was being argued by the Left […] March 22nd, 2011 | Tags: "czar" Elizabeth Warren, Congressional Oversight Panel for the Troubled Asset Relief Program, Consumer Financial Protection Bureau (CFPB), derivatives, Dodd-Frank, Harvard University, Rep. Barney Frank | Category: banking regulations, Barack Obama, Congress, federal regulations, TARP, Taxes, Treasury Department | Comments are closed
|
|
|||||||||||
