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AmEx to Become Bank Holding Company
Fed Press Release : The Federal Reserve Board on Monday announced its approval of the applications and notices under sections 3 and 4 of the Bank Holding Company Act by American Express Company and American Express Travel Related Services Company, Inc., both of New York, New York, to become bank ...
The rising cost of the bailout
bailoutsleuth.com — Although the price tag on the Treasury Department's Troubled Asset Relief Program is $700 billion, the full... amount that the government has invested in its rescue effort for struggling financial institutions appears to be closer to $2.5 trillion. ... (more) The rising cost of the bailout
  American Express to Become Bank Holding Company - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
American Express to Become Bank Holding Company - Mergers, Acquisitions, Venture Capital, ...
dealbook.blogs.nytimes.com — The Federal Reserve on Monday evening granted a request by American Express to become a bank holding... company, giving it access to low-cost financing from the Fed. The Fed said it had approved the application for American Express and a related company, ... (more) American Express to Become Bank Holding Company - ...
 It's No Joke: Fed Hires Failed Bank Executive
It's No Joke: Fed Hires Failed Bank Executive
abcnews.go.com — The Federal Reserve Bank is drawing jeers for hiring a former top executive from the now-defunct investment... bank Bear Stearns to help it gauge the health of other banks. "How's this for sweet irony?" business publication Portfolio.com needled the ... (more) It's No Joke: Fed Hires Failed Bank Executive
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Related: bank holding company
And AmexEschaton
I'll send in my application for Eschaton World Industries to be classified as a bank holding company tomorrow.
AmEx approved to become bank holding companyDemocratic Underground Latest Breaking News
Source: [b]International Herald Tribune[/b] WASHINGTON: The Federal Reserve has granted the request of credit card giant American Express Co. to become a bank holding company. The Fed announced late Monday that it had approved the application for American Express and a related company, ...
American Express lines up for bailout moneyMichelle Malkin
Just across the news wire: The Federal Reserve has agreed to a request by American Express to “become bank holding company.” [...] Read the rest »