Word: banking
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...What do you mean? Like right now we're arguing over CEO salaries. Why is this in my life now? Why do I have to care? It's because politicians have forced me to be a shareholder in an insurance company or a car company or a bank. I don't want to be a shareholder in that! Gosh...
...those companies. But current lofty yields imply investor expectations that one-fifth of these bonds will default, according to Moody's, even though the recent default rate in this sector has been around 3%. Notes Kirk Hartman, chief investment officer for Wells Capital Management, a division of Wells Fargo bank: "Spreads [over Treasuries] in the bond market are pricing in a depression scenario, while the equity markets, despite a substantial decline, are pricing in a recession." (Read "The Recession Is Made Official - and Stocks Take a Dive...
...investment losses are sure to rankle lawmakers already unhappy with the way the Treasury has handled the first stage of the $700 billion financial-rescue plan. In a hearing on Wednesday, members of the House Financial Services Committee said the Treasury has not done enough to slow foreclosures, increase bank lending or protect taxpayers' money. Lawmakers questioned Assistant Treasury Secretary Neel Kashkari on why his agency had not yet hired an outside firm to help manage its investments. They also wanted to know whether the Treasury Department had set a limit on executive compensation at the firms in which Treasury...
...years, the fight against global warming has been an article of faith in the European Union. But a looming recession, expensive bank bailouts and anxious warnings from embattled industries are raising questions about how closely Europe can stick to its climate-change creed...
...profit.” The group conducted a successful pilot study over the summer in Tanzania, where they worked with local families and experimented with the fuel. Currently, in most African countries, roughly 95 percent of the population is without access to electricity, according to the 2006 World Bank Millennium Goals Report. “Everybody was happy for it because it’s not like the solutions that they have right now that aren’t cost effective,” Sengeh says, noting that kerosene is prohibitively expensive. Microbial fuel cells can last for ten years...