Word: bankses
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But it does need to be effective. Following the British bailout, the three British banks will now have capital ratios above 9%, by the most important measure, well above international minimum requirements - "a level that should put them on a strong footing for the future," the Treasury reckoned in a...
It's time for investors to celebrate, right? On Monday the Dow Jones industrial average ended up a stunning 936 points, the biggest one-day point gain in history - all the more remarkable considering the index of blue-chip stocks had just come off its worst weekly loss on record...
Jeff Immelt, CEO of General Electric and another award winner, said that two immediate problems facing political leaders were stopping the precipitious decline in housing prices and freeing up credit markets by getting banks lending again.
Last week, Sheriff Tom Dart of Cook County, Illinois issued a press release that quickly became news across the country; he was suspending all foreclosure evictions in the area because banks weren't notifiying tenants about their landlord's problems. "These mortgage companies only see pieces of paper, not people...
You've also argued that the banks are the ones breaking the law.