Word: bankses
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BlackRock, though, stressed that it is unlikely that any of those banks would have been willing to make a "deep concession" on price. Nor is it clear that all of the deals, including those with SocGen or UBS, could have been completed. French regulators pressured SocGen and Calyon not to...
What's more, the deals the banks wanted to strike with AIG would have involved the insurer and the government giving up their right to reclaim the underlying bonds. Some have argued that would have led to a worse deal for AIG. Instead, the Federal Reserve decided to give AIG...
“If you bail out [banks] for taking too much risk, you’re going to encourage more risk-taking,” said Miron, who identifies himself as a libertarian.
America is facing a trillion dollar deficit. Our tax dollars have bailed out endless corporations who have flagrantly misused it. We saved the banks, yet they deny us fair lending and take our homes. We sit by and watch million dollar bonuses given away to the very executives that put...
Americans deserve better. Proposals such as bank taxes and punitive legislation are gimmicks. Banks will simply pass that tax on to their customers. While the stock market plummets with announcements involving banking regulations, in the end so will lending. And unemployment goes unmentioned. Constitutional checks and balances are up for...