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Japan's Banks Soar On Regulation Delay
4 hours ago ago from The Wall Street Job Report
By Robert Olsen for Forbes, December 16, 2009 Financials benefit from a possible grace period before new capital requirements are enforced. Japanese banking stocks rose sharply on Wednesday amid reports that banks will have far more time than previously expected to satisfy new capital requirements. The Basel Committee on Banking Supervision is reportedly close to reaching an agreement for an unspecified transition period before ...
Related contentRepublicans Oppose a Bill They Refuse to Read - Burnt Orange Report
15 hours ago ago from Private Money Lenders
Republicans Oppose a Bill They Refuse to Read - Burnt Orange Report Is the GOP too stubborn, lazy or too dumb to wrap its head around a very complex bill? Or maybe reading is a very tedious and beyond boring act that takes time that could be otherwise spent playing golf or sipping martinis with health insurance Editorial: New rules for Wall Street - Enterprise Both lenders and borrowers behaved irresponsibly, especially in the home ...
Related contentObamas White House Wrecking Company and Our Economy + More
3 hours ago ago from PA Pundits - International
Wall Street fat cats just try to make a living The Patriot Post Chronicle The Foundation Enlightened statesmen will not always be at the helm. James Madison Editorial Exegesis The White House thinks it can jawbone banks into lending to people they don't want to lend to. We've been down this road before, and it led all the way to the 2007 financial meltdown. The president on Monday gave a tongue-lashing to the fat-cat bankers ...
Related contentTop Boss Issues Staff Warning - Heed It, Or You're Fired
14 hours ago ago from Hedgefinger
Dow Jones Newswires reports that Barclays President Bob Diamond has issued a stark warning to the bank's staff. Speaking at the Council on Foreign Relations in New York Monday, Diamond said: 'If anyone based a decision on risk on a rating agency, they're fired. The model doesn't work for me. I don't get the conflict of interest'. http://news.hereisthecity.com/news/business_news/9682.cntns
Related contentAnother 12-15 Robbery Up-Date 2230hr
23 hours ago ago from BANK TERRORISTS
ANOTHER BANK CUSTOMER SHOT BY TERRORIST 12-15-09....MORE TO FOLLOW . Officers shot the suspect who had been holding several people hostage inside the U.S. Bank on Main Street in Burney. It started around noon, when the robber entered the bank. The situation ended just after 3 o'clock Tuesday afternoon when officers made entry and shot the suspect. Deputies say the man was being taken to a local hospital, but did not have his condition. ...
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Democrats Lash Out At Obama Over Health Care Disappointments
2 hours ago ago from Huffington Post
Congressional Democrats are starting to voice their anger at President Obama over the way health care legislation has been compromised, blaming him for not fighting harder. "The president keeps listening to Rahm Emanuel," said Rep. John Conyers (D-Mich.) . "No public option, no extending Medicare to 55, no nothing, an excise tax, God!" he exclaimed about the Senate health care bill to Roll Call. "The insurance lobby is taking over." "The ...
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