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Robert Scheer | Volker Rules
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4.2.2010 |
Truthout.com |
| Finally President Barack Obama has come to his senses on financial regulation. His endorsement of what he calls the "Volcker Rule" for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleeced the public.
read more |
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Also found in: [+]
[newstrust :: Regulation]
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Senators attack bailout bonuses
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4.2.2010 |
Politico |
| Sens. Boxer and Webb keep at it, even though previous efforts went down in flames in the Senate. |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Boxer, Webb target Wall Street bonuses
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4.2.2010 |
The Hill |
| Sens. Barbara Boxer (D-Calif.) and Jim Webb (D-Va.) unveiled a bill
Thursday to tax extravagant bonuses paid by bailed-out firms.
Read more... |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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New York filing civil charges against BofA, former CEO
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4.2.2010 |
San Jose Mercury News: Business |
| NEW YORK — The New York Attorney General's Office said Thursday it is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late 2008. |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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NY AG Files Fraud Charges Against BofA CEO
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4.2.2010 |
WCCO: National |
The New York Attorney General's office said Thursday it is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late 2008. Civil charges were also being filed against Joe Price, the bank's former chief financial officer. |
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Coats Lobbied For PhRMA, Wall Street Banks
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4.2.2010 |
The Hotline |
| Ex-Sen. Dan Coats (R) has spent the past several years advocating on behalf of pharmaceutical companies, major health care firms and big corporations, according to a client roster provided to Hotline OnCall .
Coats, a registered lobbyist at the powerhouse firms King & Spalding and Verner Liipfert Bernhard McPherson & Hand, counts PhRMA and the Healthcare Leadership Council, an organization made up of health care company CEOs, among his clients.
He has also aided the New York Stock Exchange, Goldman Sachs, Merrill Lynch and Bank of America. All 3 big banks accepted bailout funds, a Dem source pointed out.
Coats also did business with Bombardier, the Canadian aerospace and railroad company that manufactures popular regional jet ... |
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Cuomo Sues Bank of America as It Settles With S.E.C.
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4.2.2010 |
International Herald Tribune: Business |
| The attorney general accused the bank and two executives of securities fraud. Meanwhile, the bank settled an S.E.C. claim for $150 million. |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Bank of America sued over Merrill
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4.2.2010 |
BBC: World |
| Legal action has begun against Bank of America and its former bosses, accusing them of duping investors and taxpayers during the takeover of Merrill Lynch. |
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BofA charged with ‘duping’ shareholders
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4.2.2010 |
Financial Times US |
| Bank of America and its former top executives were facing civil charges over allegedly misleading their shareholders about losses at Merrill Lynch and misleading the government in order to get $20bn in Tarp funds. |
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New York AG filing civil charges against BofA
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4.2.2010 |
Star Tribune: Latest |
| The New York Attorney General's office said Thursday it filed civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch before it acquired the Wall Street bank in early 2009. |
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Volcker Rules
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4.2.2010 |
Commondreams.org Views |
| by Robert Scheer Finally President Barack Obama has come to his senses on financial regulation. His endorsement of what he calls the “Volcker Rule” for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleeced the public. read more |
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Also found in: [+]
[newstrust :: Regulation]
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Ameriprise profit exceeds analyst estimates
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4.2.2010 |
Star Tribune: Business |
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Webb, Boxer, Slaughter would tax bonuses at bailed-out firms
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4.2.2010 |
The Hill |
| Democrats in the House and Senate are making a new push to
tax bonuses.
Read more... |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Bank of America says it won’t oppose Obama’s regulatory plan
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3.2.2010 |
Boston Globe: Business |
| Bank of America says it won’t oppose Obama’s regulatory plan |
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Also found in: [+]
[flenvcenter :: Spirituality]
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PNC to sell unit, repay TARP funds
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3.2.2010 |
Boston Globe: Business |
| PNC to sell unit, repay TARP funds |
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Volcker calls on Congress to pass banking restrictions
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3.2.2010 |
Twincities.com: Business |
| WASHINGTON — The federal safety net for commercial banks should protect depositors, not speculators, former Federal Reserve Chairman Paul Volcker told senators Tuesday, urging them to pass the so-called Volcker Rule that would ban banks from trading for profit and that would restrict the size of the biggest banks. |
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ThinkFast: February 2, 2010
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2.2.2010 |
Think Progres |
| Goldman Sachs may reduce CEO Lloyd Blankfein’s bonus amid uproar over the reported $100 million he is expected to receive. “They have made a number of moves to try to ameliorate the issues,” said Alan Johnson, a Wall Street consultant. “I would be shocked if it didn’t have an impact on his and everybody else’s [...] |
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Senate Democrats in Conn. want to tax TARP bonuses
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2.2.2010 |
Boston Globe: Connecticut |
| Senate Democrats in Conn. want to tax TARP bonuses |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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‘Everything that could go bad, did not’
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1.2.2010 |
Financial Times US |
| The man charged with averting a global financial meltdown says the big calls were the right ones, writes Krishna Guha |
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Geithner Testifies: What Did He Decide About AIG Payouts?
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29.1.2010 |
Common Dreams: Headlines |
| by Greg Kaufmann Treasury Secretary Timothy Geithner was summoned to testify before the
House Committee on Oversight and Government Reform yesterday in order to
answer two questions: why did he sign off on AIG paying the Big Banks
full value on insurance for bad assets like mortgage-backed
securities--using $62 billion in taxpayer money--at a moment when
everyone else was taking losses? read more |
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Also found in: [+]
[newstrust :: Regulation]
[newstrust :: Financial Regulation]
[newstrust :: administration]
[newstrust :: Regulation]
[newstrust :: Housing]
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