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Business News tagged with banks

How Goldman Sachs Secretly Bet on the U.S. Housing Crash (Video)
Business  (tags: business, banks, wall street, Goldman Sachs, corporate, corruption, dishonesty, finance, money, investing, economy, foreclosures, investments, americans, consumers, ethics, investors, investigation )

Tom
- 19 days ago - mcclatchydc.com
Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting
Obama Banking Too Much On Banks
Business  (tags: government, business, politics, obama, banks, greed, Big Bank greed, society, money, economy )

Cal
- 63 days ago - motherjones.com
In his Wall Street speech, the president outlines reforms--but they don't go deep enough.
Why a Meltdown Could Happen Again
Business  (tags: business, corporate, corruption, banks, banking system, dishonesty, economy, news, politics, society )

Cal
- 64 days ago - articles.moneycentral.msn.com
A year after Lehman Brothers collapsed and the financial system nearly went with it, we've heard much talk but seen no real reform.
Is Your Bank 'Underwater'? Check Debt Levels Here
Business  (tags: business, banks, financial, financial-crisis, economy, money, HousingMarket, loans, debts, FederalReserve, world, u.s., americans, America, news, research, economic-crisis, bad-loans, recession, consumers, finance, foreclosures, government )

SirRobert
- 65 days ago - msnbc.msn.com
Current analysis is providing a list of the 400 U.S. banks that are moving into 'deep water', and are further being weighed down by the Housing Market's contractions due to bad loans. Is your bank on this list?
Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)
Business  (tags: americans, business, consumers, corporate, corruption, dishonesty, finance, investments, money, ethics, economy, abuse, banks, credit, cards, revolution, bailout, bofa, arrogance, greed, society, debt )

Tom
- 66 days ago - huffingtonpost.com
The credit card industry made a villain of itself this year by benefiting from billions in taxpayer bailout dollars and then thanking taxpayers by raising interest rates and minimum monthly payments, even on their good customers. It's time to fight back!
For American Who Blew Whistle, Only Reward May Be a Jail Sentence
Business  (tags: dishonesty, corruption, business, money, banks, Switserland )

Lone
- 92 days ago - washingtonpost.com
In March 2006, an American employee of UBS, Switzerland's largest bank, sent a confidential letter to a top executive.
$$$ Crisis Analysis: Few Expect Boom After Global Bust
Business  (tags: federal reserve, financial crisis, business, money, economy, stock market, global crisis, globalization, investors, investments, banks, government, politcs, society, employment, credit, americans, consumers, finance, news, world )

SirRobert
- 95 days ago - msnbc.msn.com
A financial recovery and economic comeback may be weakened following the current breakdown within the global financial system.
Colonial BancGroup, 4 Other Banks Shut Down
Business  (tags: economy, government, banks, bankrupt, money )

Lone
- 97 days ago - news.yahoo.com
WASHINGTON - Regulators on Friday shut down real estate lender Colonial BancGroup Inc. in the biggest U.S. bank failure this year and also closed four banks in Arizona, Nevada and Pennsylvania.
Obama Wants Big Banks To Pay More for Oversight
Business  (tags: banks, government, GoodNews, ethics, economy, news, business, finance )

Suzybell
- 98 days ago - washingtonpost.com
The Obama administration is pressing ahead with its broad overhaul of financial regulation by proposing to hike the fees big financial firms pay for federal oversight while easing the burden for smaller ones, officials said. The new two-tiered, pay-for-r
Credit Card Firms Try End Run Around New Federal Rules
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 135 days ago - latimes.com
Banks are quietly changing the terms of millions of credit card accounts as they brace for a tough new law that will limit rate hikes. The law will restrict interest rate hikes unless a card has a variable rate, so banks are doing away with fixed rates.
Credit Card Issuers Getting In Their Licks Ahead Of Reform
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 141 days ago - huffingtonpost.com
Chase has recently increased the monthly minimum payment on select accounts that have carried balances. Effective August 2009, impacted cardmembers will have their minimum payment increased from 2% to 5% of the statement balance, said a Chase spokeswoman.
Sign Petition: End Credit Card Financing of Mail Order Brides
Business  (tags: women, trafficking, abuse, mail-order, brides, poverty, crime, sadness, rape, sexual, assault, credit, cards, banks, intrernet, business, corruption, ethics, finance, economy, money, society )

Tom
- 160 days ago - change.org
The facilitating of payments used in the recruitment and sale of mail-order brides is unregulated. The major credit card companies are involved and have been for years. It opens the door to an increasing class of criminals to buy and exploit these women.
Sign Petition: Tell Congress You're OUTRAGED By Predatory Lending!
Business  (tags: americans, consumers, business, corporate, dishonesty, corruption, debt, abuse, finance, foreclosures, money, marketing, government, law, lies, society, lenders, banks, mortgages, credit, cards, loans, unfair, devious, predatory, ethics, economy, cover-up )

Tom
- 161 days ago - change.org
Predatory lending practices must be stopped. Loans and other financial products are complex. They are potentially helpful and also potentially extremely destructive. Accordingly, loan products and contracts should be regulated by the government.
Creditors Use Loophole to Seize Protected Benefits
Business  (tags: banks, creditors, collection, law, money, americans, abuse, corporate, greed, finance, economy, ethics, government, politics, society, consumers, business, social, security, veterans, benefits, poor, rich, class, warfare )

Tom
- 170 days ago - seattlepi.com
Federal law has long protected Social Security and veterans benefits from most creditors. But creditors have been seizing the payments anyway by getting court orders to freeze and garnish bank accounts that receive the benefits through direct deposit.
Bank of America Wins Appeal on Overdraft Fees
Business  (tags: banks, law, money, americans, abuse, corporate, greed, finance, economy, ethics, government, politics, society, consumers, business, social, security, poor, rich, class, warfare )

Tom
- 170 days ago - latimes.com
The Court said banks can take overdraft fees from Social Security recipients' accounts. Banks earn $40 million a year from overdraft charges. Social Security recipients in the suit lost 20% of their monthly income in a single day because of bank fees.
 

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