Word: bankses
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Since his debut in 1979's Roger and Me, documentary filmmaker/agitator Michael Moore has aimed his blunderbuss of a lens against large American corporations and the institutions that he believes have flat-out screwed the working class. In his latest film, Capitalism, Moore ridicules the business philosophy that has blown...
As the protesters redirected what turned out to be a winding, three-hour trek, they pushed more Dumpsters into the street, or downhill toward law enforcement, and smashed the windows of a Boston Market and Mini car dealership, along with 17 banks and other businesses, by police count. The cops...
The large number of Chinese buyers means growth in Hong Kong's luxury-property market could suddenly cool if Beijing decides to tighten credit. Su Ning, vice governor of the mainland's central bank, said last week that China would continue its "appropriately loose" monetary policy at least into next...
Earlier this year, Geithner gave a speech promising more assistance from TARP to smaller banks. Treasury officials say the Obama Administration has placed an increased emphasis on using TARP funds to ensure the strength of smaller banks. "The Capital Purchase Program expansion for small banks is helping to stabilize the...
Banking-industry consultant Bert Ely says he was never a big fan of TARP. But now that it is in place, he thinks there are benefits to keeping it going. The biggest could be to encourage stronger banks to buy up failing financial firms that continue to be a strain...