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Ex-CEO: U.S. saved other firms, but not Lehman Wednesday, September 1, 2010 @ 2:10PMThe former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators' refused to helps.
BofA: Wednesday, September 1, 2010 @ 2:09PMThe ghost of Ken Lewis continues to haunt Bank of America’s shareholders. The Charlotte-based bank has made progress since he resigned as chief executive almost a year ago following a second bailout by the US government.
Editorial Roundup: Excerpts From Recent Editorials Wednesday, September 1, 2010 @ 2:07PMBy The Associated Press Excerpts from recent editorials in newspapers in the United States and abroad:
Banks to allow local groups to buy foreclosures Wednesday, September 1, 2010 @ 2:06PMWASHINGTON - Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.
Editorial Roundup: Excerpts From Recent Editorials Wednesday, September 1, 2010 @ 2:06PMObama: End of combat mission in Iraq not a time for victory lap; still work to be done. More>>
China: Wednesday, September 1, 2010 @ 1:54PMThe world’s second-largest economy has trumped a global slowdown to post a rebound in manufacturing activities. But that may be short-lived. China is still dependent on the US market, which isn't expected to get better soon.
Business events scheduled for Thursday Wednesday, September 1, 2010 @ 1:54PMMajor business events and economic events scheduled for Thursday:
A Foreclosure Crisis For A Company in Charge of Dozens of Hartford Properties Wednesday, September 1, 2010 @ 1:53PMOne of the rental properties owned by Martin Carlin, whose many Hartford properties are under foreclosure. Martin Carlin — the Connecticut real estate investor — has big problems on his hands.
Business events scheduled for Thursday Wednesday, September 1, 2010 @ 1:50PMMajor business events and economic events scheduled for Thursday: WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m. WASHINGTON _ Labor Department releases second-quarter productivity, 8:30 a.m. WASHINGTON _ National Association of... Business - United States - WASHINGTON - Jobless claims - United States Department of Labor
Editorial Roundup: Excerpts From Recent Editorials in Newspapers in the US and Abroad Wednesday, September 1, 2010 @ 1:50PMA nationwide recall of 550 million eggs and 1,500 people sickened by eating salmonella-tainted eggs get steady media coverage. What you don't hear about regularly are the 142,000 people in the U.S. who are sickened each year by eggs that contain the bacteria.
Lehman, Wachovia CEOs coming before panel Tuesday, August 31, 2010 @ 11:46PMAn inquiry panel is hearing from former CEOs of two big banks that succumbed to the financial crisis, Lehman Brothers and Wachovia Corp., as it delves into the "too big too fail" predicament and potential systemwide risk...
Lehman, Wachovia CEOs Coming Before Panel Tuesday, August 31, 2010 @ 11:44PMFinancial crisis panel hearing from Lehman, Wachovia ex-CEOs as it examines 'too big to fail' Wachovia - Too Big to Fail - Chief executive officer - United States - Business
Fed Minutes Signal Bigger Monetary-Policy Move No Sure Thing Tuesday, August 31, 2010 @ 11:42PMThe Federal Reserve signaled easier monetary policy this month is no sure thing, saying some officials were concerned investors would misinterpret the Aug. 10 decision to put a floor on securities holdings.
Lehman, Wachovia CEOs coming before panel Tuesday, August 31, 2010 @ 11:38PMAn inquiry panel is hearing from former CEOs of two big banks that succumbed to the financial crisis, Lehman Brothers and Wachovia Corp., as it delves into the "too big too fail" predicament and potential systemwide risk from financial institutions.
Scott Brown hits Seattle for Rossi Tuesday, August 31, 2010 @ 11:36PMFrom msnbc.com's Tom Curry in Bellevue, Wash.:
Lehman, Wachovia CEOs coming before panel Tuesday, August 31, 2010 @ 11:35PMAn inquiry panel is hearing from former CEOs of two big banks that succumbed to the financial crisis, Lehman Brothers and Wachovia Corp., as it delves into the "too big too fail" predicament and potential systemwide risk from financial institutions. Federal... Lehman Brothers - Business - Wachovia - Chief executive officer - Financial crisis
US bank profits up despite debt Tuesday, August 31, 2010 @ 11:32PMThe number of problem-ridden US banks has risen to their highest levels in 17 years.
US Fed warns economic recovery sluggish Tuesday, August 31, 2010 @ 11:31PMThe US Fed Reserve warns a slew of poor economic data points to a 'sluggish' US recovery.
Business Briefs for Sept. 1 Tuesday, August 31, 2010 @ 11:30PMElliott runs the eight-restaurant barbecue chain. She serves on the Virginia leadership council for the NFIB, as a member of the Virginia Tourism Task Force and as a former chairwoman for the Virginia Restaurant Association. Starting with meter readings made after last Friday, Columbia Gas's average monthly customer bill will ...
To boost economy, Fed may buy more U.S. debt Tuesday, August 31, 2010 @ 11:29PMWASHINGTON - Federal Reserve officials signaled at their August meeting that they would consider going beyond a...
FOMC Minutes: Fed Officials Pondered Further Stimulus Tuesday, August 31, 2010 @ 2:22PMWhat's Your Reaction? WASHINGTON — Federal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.
Poor risk appraisal key factor in crisis, says expert Tuesday, August 31, 2010 @ 2:17PMRBA official says boom years led to false sense of security pre economic collapsePoor risk assessment was a key element of the financial crisis, a senior Reserve Bank of Australia official says.RBA assistant governor (financial...
Fed officials discussed further stimulus steps Tuesday, August 31, 2010 @ 2:16PMFederal Reserve officials signaled at their August meeting that they would consider going beyond a modest program to purchase...
FOMC Minutes Show Fed Willing To Provide Additional Stimulus - Update Tuesday, August 31, 2010 @ 2:13PM(RTTNews) - With recent data indicating a slowdown in the pace of the economic recovery, the minutes of the August Federal Open Market Committee showed that members of committee said that the Fed should begin to consider steps it could take to provide additional stimulus if the economic outlook weakens further.
FOMC Minutes Show Fed Willing To Provide Additional Stimulus - Update Tuesday, August 31, 2010 @ 2:13PMWith recent data indicating a slowdown in the pace of the economic recovery, the minutes of the August Federal Open Market Committee showed that members of committee said that the Fed should begin to consider steps it could take to provide additional stimulus if the economic outlook weakens further. The committee members also agreed that the softer tone of recent data called for changes to the ...
JPMorgan: Financial Winners & Losers Tuesday, August 31, 2010 @ 2:13PMIn positive trading for the financial sector, JPMorgan was tracking even higher than the rest of the big banks.
Treasury Yields, Dollar Down After FOMC Minutes Tuesday, August 31, 2010 @ 2:11PMTreasury Yields, Dollar Down After FOMC Minutes
Fed mulls stimulus if outlook worsens appreciably Tuesday, August 31, 2010 @ 2:10PMFed mulls stimulus if outlook worsens appreciably
US Fed warns economic recovery looks 'sluggish' Tuesday, August 31, 2010 @ 2:08PMWASHINGTON: A slew of poor economic data points to a "sluggish" US recovery in the coming months, the Federal Reserve's top committee said in minutes published on Tuesday.
GBP/USD Performance Chart as at 7:00 p.m. Singapore time, 31/08/10 Tuesday, August 31, 2010 @ 8:07AMForex Focus is brought to you by IG Market - Forex Trading Read more...
Oct. 2, FREE "KEEP YOUR HOME" Foreclosure-Prevention Event At Hemmens Cultural Center in Elgin Tuesday, August 31, 2010 @ 8:04AM----WHEN:
Schwab Quarterly Retirement Survey Finds Relative Calm Amidst Pre-Retiree Baby Boomers Tuesday, August 31, 2010 @ 8:00AMSAN FRANCISCO----Charles Schwab, one of the country’s leading providers of savings, investment and income solutions for people in or transitioning into retirement, today released the findings of its quarterly retirement pulse survey which reveals that baby boomers approaching retirement in today’s rocky economic conditions have maintained a surprisingly stable view about their retirement ...
U.S. Bancorp to Host Investor Conference Tuesday, August 31, 2010 @ 8:00AMMINNEAPOLIS----U.S. Bancorp will be holding an Investor Conference for institutional investors and analysts on Wednesday, September 15, 2010, in New York City with presentations by Richard K.
Regions Financial to Help Customers Meet Personal Insurance Needs Through Bank Branches Tuesday, August 31, 2010 @ 8:00AMBIRMINGHAM, Ala.----In coming months, customers visiting any Regions Bank branch will not only be able to find solutions for their banking needs but they will also have new options for their personal insurance needs.
Zacks Analyst Blog Highlights: Barclays, American International Group, Morgan Stanley, Bank of America and Citigroup Tuesday, August 31, 2010 @ 7:59AMZacks Analyst Blog Highlights: Barclays, American International Group, Morgan Stanley, Bank of America and Citigroup
July mortgage lending falls to 4-month low Tuesday, August 31, 2010 @ 7:57AMNet lending to British households unexpectedly fell to a four-month low last month after a sharp decline in mortgage lending reinforcing economists' concerns that tight credit conditions may hamper future growth.
Drew Westen: What Created the Populist Explosion and How Democrats Can Avoid the Shrapnel in November Tuesday, August 31, 2010 @ 7:54AMRepublicans are running Tea Party candidates who are so far to the right you can't see Middle America from their porch. Some endangered Democrats will likely see victory in November from theirs if they understand the public mood and speak to it.
US Homeowners Flock to Florida Event in Desperate Bid to Save Properties Tuesday, August 31, 2010 @ 7:50AMby Andrew Clark in Palm Beach, Florida In the pre-dawn darkness of a steamy night of sub-tropical rain, a queue of anxious, soggy people snakes around the palm trees outside a cavernous Florida convention centre. Some have erected camp beds or makeshift tents. All clutch sheaves of mortgage documents. read more
Mortgage lending down amid warnings of second house price crash Tuesday, August 31, 2010 @ 7:50AMMortgage lending has fallen to its fourth lowest level on record amid warnings of a second crash in house prices.
Fed mortgage program stumbles Thursday, August 19, 2010 @ 11:05PMSINKING SPRING — Angie and Kevin Burke turned to a federally sponsored mortgage refinancing program to help them recover from their recession-caused financial nosedive.
Home refinancers find better loan deals Thursday, August 19, 2010 @ 11:05PMOver two-thirds of people who refinanced their home loan recently were able to secure a lower interest rate, a mortgage broker's survey shows.
Mahoning County Court filings Thursday, August 19, 2010 @ 11:04PMcourts MAHONING COUNTY Marriage licenses Stephen A. Fabian Jr., 23, Davenport., Fla. and Erin
Woodard high dives into hard times Thursday, August 19, 2010 @ 10:53PMWhen someone falls on hard times, you don't pick him apart. It's not decent.
Sonoma County energy program suffers steep decline in participation Thursday, August 19, 2010 @ 10:40PMParticipation in Sonoma County’s ground-breaking energy retrofit program for homes and businesses has dropped dramatically over the past six weeks, and recently issued federal rules are to blame, county officials said.
Skrep’s home up for sale Thursday, August 19, 2010 @ 10:38PMFormer Luzerne County Commissioner Greg Skrepenak is trying to sell the Jenkins Township townhouse that was involved in the federal charge against him.
Home re-financers find better loan deals Thursday, August 19, 2010 @ 10:35PMOVER two-thirds of people who refinanced their home loans recently were able to secure a lower interest rate, a mortgage broker's survey shows.
ANZ underlying profit after tax $3.6b Thursday, August 19, 2010 @ 10:31PMANZ has reported an unaudited underlying profit after tax for the nine months to June of around $3.6b.
Despite some good news, Dallas housing outlook gets gloomier Thursday, August 19, 2010 @ 10:16PMDMNSo far in 2010, North Texas home sales are up and prices are rising. Foreclosures have been down three of the past four months. In that case, why is the near-term view on the local housing market getting gloomier?
US jobless claims jump to 500,000 Thursday, August 19, 2010 @ 10:01PMThe number of Americans filing new weekly claims for jobless benefits jumped to 500,000.
Canada existing home sales fall, sales tax blamed Monday, August 16, 2010 @ 12:55PMCanada existing home sales fall, sales tax blamed