online.wsj.com - 2/12/2009
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Bank chieftains including J.P. Morgan's Dimon, Bank of America's Lewis and Citigroup's Pandit told Congress they are lending despite economic headwinds.
tpmdc.talkingpointsmemo.com - 2/16/2009
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tpmdc.talkingpointsmemo.com —
Here's an interesting item to think about in
the debate over executive-compensation limits. A British politician is
now calling for bonuses at bailed-out banks to be limited to £2,000, the amount typically received by low-level bank tellers. At ...
(more)
U.S. Bank Execs Should Fear British Invasion
cnbc.com - 2/9/2009
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cnbc.com —
The Obama Administration's new bank bailout plan is
expected to include a new form of "bad bank"
that would essentially combine public and private resources to take bad assets from banks' books, sources told CNBC. In addition, funding for the ...
(more)
Bank Bailout and Rescue: Bad Bank 2.0 Now in Treasury ...
calculatedriskblog.com - 2/7/2009
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calculatedriskblog.com —
From the FDIC: Westamerica Bank, San Rafael, California,
Acquires All the Deposits of County Bank, Merced, California
County Bank, Merced, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as ...
(more)
Bank Failure #9 in 2009: County Bank, Merced, California
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Read These Now Because Mr. Petulant Babbles
Shakesville —
... NOW, let's see what happens in our overpriced fashion world. The New God of All Numbers, Nate Silver weighs Treasury Secretary Geithner. (538) Molly Bee is dead. I suspect Mommy or Daddy will continue to kiss Santa Claus. I don't always post links, but being a good Southern boy, I try to read the obituaries first. Surrounded by a sea of stimulus is Michelle Obama's "Shadow Stylist." What rules the world? Banks or Fashion? Apologies for the bad screen capture. ...
Around the Web in 80 Seconds, 02.12.09
The Latest on Air America —
... , and jaywalked across Independence Avenue to avoid questions. Let the games begin: Bank bigs get berated on Capitol Hill. Michael Moore asks the Wall Street savvy portion of America to ...
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Bank Failure #16 in 2009: Security Savings Bank, Henderson, Nevada
calculatedriskblog.com 2/28/2009 — From the FDIC: Bank of Nevada, Las Vegas, Nevada Assumes All of the Deposits of Security Savings Bank, Henderson, Nevada Security Savings Bank, Henderson, Nevada was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as ...
New York’s AG Subpoenas Bank Execs over Bonuses
truthdig.com 1/28/2009 —
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Remember the House Bank
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The American, A Magazine of Ideas
american.com 2/26/2009 — As the federal government moves closer to nationalizing more of America s largest financial institutions, including Citigroup, it s time to recall the history of federal ownership of commercial banks. Certainly, the record of the Second Bank of the ...
Report: RBS to Split into Good Bank / Bad Bank
calculatedriskblog.com 2/23/2009 — From The Times: Radical revamp splits RBS in two The Royal Bank of Scotland (RBS) is to be split into a “good bank” and “bad bank” in a dramatic rescue restructuring in which assets worth several hundred billion pounds will be put up for sale. ...
$127,604 —
Wash Post Federal Page 2/12/2009
Environmental advocates urged Congress to reinstate the moratorium on offshore oil drilling. At a House hearing yesterday, Philippe Cousteau, grandson of legendary ocean explorer Jacques Cousteau, said continued bans on drilling off the Atlantic and ...
Congress: Deal at last, deal at last —
First Read 2/12/2009
The Los Angeles Times reports that “House and Senate Democratic leaders, negotiating into the night to forge a compromise with three moderate Republican senators, reached agreement Wednesday on a $789-billion economic recovery bill that President ...
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