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Business News tagged with bank failures

Regulators Shut Down Banks in Ohio and 4 Other States
Business (tags: bank failures, money, economy, consumers, investments )

Lone
- 98 days ago - zanesvilletimesrecorder.com

-- Regulators on Friday shut down banks in Florida, New Jersey, Ohio, Oklahoma and Illinois, boosting to 69 the number of federally insured banks to fail this year amid the pressures of the weak economy and mounting loan defaults

6 comments

Goldman Sachs Behind Every Market Crash Since 1920s
Business (tags: Goldman Sachs, Wall Street, financial collapse, bank failures, Republicans, George H. W. Bush, George Bush, Prescott Bush, investments, credit collapse, mortgage bailout )

Blue
- 128 days ago - rawstory.com

Goldman Sachs has played a crucial role in creating every market bubble since the 1920s -- and has profited from not only the bubbles, but from the crash that followed as well, says a new expose in Rolling Stone magazine.

18 comments

Circuit City : Out Of Business
Business (tags: Republicans, fiscal irresponsibility, George Bush, recession, depression, economy, bank failures, business failures, layoffs, unemployment, tent cities )

Blue
- 241 days ago - bagnewsnotes.com

For me, what's poignant about the photo is the way it "emblemizes" how FUBAR the country is as a result of rampant consumption and irrational exuberance

5 comments

Republican Phil Gramm : The Senator and the Swiss Bank
Business (tags: Republicans, Former Senator Phil Gramm, Texas Republicans, UBS, Swiss Banking, deregulation, IRS, wealth transfer, offshore bank acocunts, corruption, coverup, John McCain, economy, bank failures, COngress )

Blue
- 259 days ago - newsweek.com

Did Texas' Phil Gramm help undo UBS? The curtain is being peeled back on the infamous secrecy of Swiss banks. ...revealing names of those whom the authorities suspect of using offshore accounts to evade taxes. The deal could mark the end of Swiss banking

13 comments

Investigation: The Oil Money Behind the Anti-Stimulus Fight
Business (tags: Republicans, oil baorns, lobbyists, stimulus, Economic Recovery and Reinvestment Act, economy, bank failures, bailouts, bonuses )

Blue
- 260 days ago - southernstudies.org

Who is Americans for Prosperity? According to SourceWatch.org, the group was founded in 2003 with money from the Charles G. Koch Charitable Foundation, which is run by the billionaires behind Kansas-based Koch Industries -- the national's largest private

8 comments

IBM Offers to Move Laid-Off Workers to India
Business (tags: H1--B, IBM, corporations, India, IT workers, unions, outsourcing, economy, PNAC, Republicans, Bush, bank failures, mortgage crisis, credit crunch )

Blue
- 277 days ago - crooksandliars.com

I'm confused...big companies like IBM have insisted there were so few talented IT workers in the U.S., they had to import them from India. And yet now we have so many, we can send them to India! Isn't that funny?

9 comments

Banker of the Day : TARP
Business (tags: TARP, bankers, bank failures, DAVOS, CEOs, CDSs, credit derivative sweaps, credit crunch, bonuses, corruption, corporate jets, finance, bailout, stimulus, Bernanke, Bush )

Blue
- 278 days ago - correntewire.com

If atonement is difficult, retribution may prove "brutally difficult" As Sternlicht sees it, "everyone wants a head, and that's not reasonable. To do that, you'd need to take out the top 20 executives at the 300 biggest financial firms." Why not?

4 comments

Banker of the Day : Wall Street: "Hands Off Our Entitlements!":
Business (tags: bankers, wall street, bank failures, greed, corporate corruption, bonuses, mortgage crisis, credit crunch, job losses, lay offs, unemployment, homelessness, starvation, rising food prices )

Blue
- 279 days ago - correntewire.com

It's time for BANKER OF THE DAY ... until they "get it" ... Getting between a broker and his bonus is like getting between a schnauzer and his lunch bowl. He may not bite you, but you are going to smell his breath.

36 comments

Banker of the Day : Sky-High Arrogance: Former Citi Citibank CEO Used Corporate Jet For Luxe Family Vacation After $45 Billion B
Business (tags: Citibank, Citigroup, Sandy Weil, CEOs, bailout, TARP, bank failures, mortgage crisis, bonuses, vacations, corporate jets, overspending, corruption, stockholders, layoffs, investments, foreclosures )

Blue
- 279 days ago - nypost.com

Just weeks after Citigroup averted total collapse with a $45 billion shot in the arm of taxpayer cash, Sandy Weill, 75, hopped aboard the tanking bank's Bombardier BD 700 Global Expres with his wife and daughter, son-in-law nd grandkids .. TO MEXICO!

11 comments

Bailout Banks Gave The Finger To The AMerican Taxpayers
Business (tags: banks, bankers, wall street, government, congress, immigration, visas, americna taxpayers, bailouts, TARP, bank failures, bonuses, credit crunch, job losses, layoffs )

Blue
- 279 days ago - news.yahoo.com

Banks collecting billions of dollars in federal bailout money sought government permission to bring thousands of foreign workers to the U.S. for high-paying jobs, according to an Associated Press review of visa applications.

19 comments

JUST PLANE DESPICABLE -- 'RESCUED' CITIGROUP BUYING $50M JET
Business (tags: itiGroup, bank failures, bailouts, TARP, new CitiGroup Corporate Jet, corruption, oversight, regulations, COngress, republicans )

Blue
- 283 days ago - nypost.com

Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed.

5 comments

Regional Banks Get Treasury Money
Business (tags: Bailout, Bailout Plan, Banks, Capital One Financial, Economy, Federal Reserve, Finance, Financial Crisis, Henry Paulson, SunTrust Banks, Treasury Department, Bush, Bernanke, Paulson, Republicans, Neocons, PNAC, bank failures, Business News )

Blue
- 376 days ago - huffingtonpost.com

MarketWatch: The biggest of the banks were planning on using some of the bailout money to buy smaller banks rather than rewrite loans and save borrowers. They are actually and boldly planning to use taxpayer dollars to finance their Merger and Acquisition

7 comments

History's Biggest Margin Call
Business (tags: Eu, London, Japana, Asia, Australia, USA, Wall Street, economy, margin call, stocks, CDS, hedge funds, Greenspan, price distortions, bank failures, housing crisis, transfer of wealth )

Blue
- 376 days ago - atimes.com

Wall Street simply no longer has the wherewithal to apportion ample finance for securities speculation. Without speculative demand for high-yielding loans and securities, bubble economies are starved of sufficient finance. And with asset markets bursting

3 comments

More Families With Children Becoming Homeless
Business (tags: Depression, Economy, Homeless, Homeless Families, Homelessness, Recession, Bush, Republicans, Neocons, PNAC, bank failures, illegal wars, Business News )

Blue
- 382 days ago - huffingtonpost.com

Local authorities say the number of families seeking help has risen in Atlanta, Boston, Denver, Minneapolis, New York, Phoenix, Portland, Seattle and Washington.

4 comments

AIG's Lords and Lady of the Hunt May Find Themselves Under Attack After Luxury Trip
Business (tags: AIG, Bailout, Paulson, Bernanke, Bush, Republicans, Neocons, PNAC, bank failures, illegal wars, mortgage crisis, US taxpayers, coverup, corruption, finance, economy )

Blue
- 389 days ago - nydailynews.com

4 Top AIG Execs flipped U.S. taxpayers the bird by spending $86,000 on a partridge hunt at an English country manor as the feds gave their struggling firm billions to stay afloat.

13 comments

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