Business News tagged with banks |
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Icelandic Bank Prevent Savers From Drawing Their Own Money
Business  Sunny - 3 days ago - money.co.uk The Icelandic government has attempted to calm savers, worried that the nation's economy might be in meltdown. Customers of Kaupthing Edge remain covered by the UK government's savings guarantee, which protects the first £50,000 in each account.
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2009: Your Bank Could Be Next
Business  Robert - 4 days ago - msnbc.msn.com Do not panic; however, financial officials are expecting a rise in bank closures through 2009, and this is with the $700B Bailout Rescue Plan enacted. Damage control is the government's thought of the day, and financial institutions are on failure alert.
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 Business  Blue - 11 days ago - nytimes.com No one expects a wholesale flight from hedge funds. But even a modest outflow could reverberate through the financial markets. To pay back investors, some funds may be forced to dump investments at a time when the markets are already shaky.
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Bank Bailouts Sweep Europe
Business Robert - 11 days ago - money.cnn.com The Global Economy has been shaken to it's foundations by the U.S. financial crisis, and spreading through the Asian stock markets. The connected credit crisis with economic doubt, is sweeping Europe in a wave of bank bailouts.
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 Business  Ombretta - 13 days ago - washingtonpost.com ""We've been working on this a long time. We've still got more to do to finalize it, but I think we're there. So far, so good," beamed Henry Paulson. Good for whom?
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 Business Blue - 14 days ago - huffingtonpost.com Largest Bank Failure In US History
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 Business Blue - 17 days ago - huffingtonpost.com If the problem, as "Hank" Paulson repeated Sunday, is that there was no way to value the "troubled" assets, the price is obviously going to be arbitrary. So, why don't we consider it a loan? Banks wouldn't give YOU an extra day/week/month to pay bills...
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 Business Ombretta - 20 days ago - nytimes.com US Treasury Secretary Henry Paulson calls the bailout fund for banks & mortgages lenders the "troubled asset relief program" - TARP. I call it bullsh*t. Finance lobbyists are scrambling to get the most on the $ for their pimps. You & I will pay bigtime.
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 Business  Aba Tonks - 22 days ago - articles.moneycentral.msn.com Ten U.S. banks have gone belly-up so far this year, yet the concept still seems vaguely distant. Unless you had money in the five-branch Integrity Bank of Alpharetta,
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 Business Ombretta - 26 days ago - washingtonpost.com Early this morning, the venerable firm of Lehman Brothers, the fourth-largest investment firm in the country, filed for bankruptcy. The global business community is girding up for major financial shifts, uncertainty and a tumbling stock market.
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 Business Blue - 75 days ago - rawstory.com Andrew McCain stepped down from the boards of Silver State Bancorp and Silver State Bank of southern Nevada for "personal reasons," the Las Vegas Review-Journal reported. Silver State would not comment further.
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 Business Blue - 84 days ago - watchingamerica.com The fear of seeing a series of regional commercial banks default even made Wall Street panic . . . does everyone remember the last Bu$h bank robbery: Silverado ... it was the greatest bank robbery in history but the Bu$h family wasn't satisfied ...
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 Business  - 99 days ago - sdcitybeat.com in February, Barack Obama met with students at University of Texas-Pan American. "Just be careful about those credit cards, all right? Don't eat out as much," he said. After the foreclosure crisis, he warned, "the credit cards are next in line."
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 Business Blue - 174 days ago - thecurrent.theatlantic.com Analysts call it a "kitchen sink quarter." Companies in shell-shocked industries write down everything that even looks like it might go wrong, clearing the balance sheet for future growth.
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Bear Stearns Buy-Out... 100% Fraud
Business Ben - 175 days ago - optionsforemployees.com This article is about how the Bear Stearns collapse was artificially created so insiders could get massively short prior and how J.P. Morgan would in effect be paid $55 Billion of US tax payer money to shore up themselves to buy Bear Stearns.
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