Submit a Story!
High Street banks to be broken up
As part of the stipulations of EU state aid rules, the UK was always facing the prospect of having to sell off at least parts of those banks which it bailed out last year. Now it looks as if that sell off process is to begin in earnest. Though the Chancellor says he has not yet decided which ...
Wall Street Banks Getting Swine Flu Vaccine Before Many High-Risk Groups (VIDEO)
huffingtonpost.com — While thousands of at-risk Americans wait, some big Wall Street banks have already secured the hard-to-find H1N1... vaccine for their employees. NBC reports this morning that employees at the New York Stock Exchange, bankers at Goldman Sachs and ... (more) Wall Street Banks Getting Swine Flu Vaccine Before Many ...
Comments
Blog Reactions

Breaking up the Banks
Newshoggers.com — ... The BBC reports that the British government will be selling off their chunks of their too big too fail banks as stand-alone entities instead of parts of the corporate whole: [ ...

The British Go Bank-Busting — Is There A Lesson For The U.S.?
Wonk Room — ... But as British Chancellor of the Exchequer Alistair Darling said, selling only to new entrants is the best way to ensure “proper competition and choice.” Having just “half a dozen big providers ...

Related Content
The Banks Are Not All Right
nytimes.com 10/19/2009 — It was the best of times, it was the worst of times. O.K., maybe not literally the worst, but definitely bad. And the contrast between the immense good fortune of a few and the continuing suffering of all too many boded ill for the future. I’m ...
Big Banks Fail
baselinescenario.com 10/22/2009 — In the Wall Street Journal on Tuesday morning, Charles Calomiris, a leading banking expert, published an op ed entitled “In the World of Banks, Bigger can be Better.” It begins, “Legitimate concern about the risks to taxpayers and the economy posed ...
Billions in aid to banks not reaching many seeking loans
boston.com 28 days ago — David Bennett, vice president of small business lending at Middlesex Community Savings Bank, said community banks have always been in tune with small business needs because they make lending decisions based on the needs of customers, not shareholders. ...
Broken Promises (video)
youtube.com 10/14/2009 — Broken Promises
Have Banks No Shame?
nytimes.com 10/11/2009 — A few months ago, I asked Simon Johnson, the former International Monetary Fund economist, now a prominent critic of the banking industry, what he thought the banks owed the country after all the government bailouts. “They can’t pay what they owe!” he ...
Little banks get a big exemption
politico.com 10/16/2009 — The vote on whether to protect local institutions while whacking Wall Street isn't even close.