The Senate cleared a sweeping bank regulation bill for final passage by breaking through a Republican blockade.
Also tagged a-sweeping-bank, bill, congress, crackdown-on-banks, debate-on-the, end-debate, for-final, president-obama, regulation-bill, some-ways, voted-60-38MIAMI – (AP) A new unit of the Justice Department is investigating the lending practices of banks and mortgage brokers suspected of discriminating against minority borrowers. The new Fair Lending unit is going after lenders and brokers that have unfairly denied minorities access to home loa See the article here: New unit …
Also tagged against-minority, article, denied-minorities, estigating-the-lending, going-after, have-unfairly, home-loa, lenders-and, lending, miami, mortgage-brokers, the-article, the-lending, unitReuters – Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis. Continued here: Dubai debt delays revive fear of financial crisis (Reuters) More: Dubai debt delays revive fear of financial crisis …
Also tagged asian, financial, financial-crisis, friday, investors, reignite-the-financial, risky-assets, the-financialTo spur lending to small businesses, it is ‘essential that we make more credit available to the smaller banks and community financial institutions that these businesses depend on,’ the president says. President Obama, looking to boost lending to small business, will start using some of the leftover federal bailout funds …
Also tagged businesses-depend, community-financial, federal-bailout, make-more, president-obama, small-business, small-businesses, the-leftover, the-smaller, using-some, will-startPortfolio.com House Panel To Begin Push On Financial Overhaul CBS News (AP) Small neighborhood banks and the US Chamber of Commerce are overshadowing the nation’s biggest banks in influencing lawmakers as Congress begins the initial phase of its long-awaited overhaul of how the government regulates financial companies.
Also tagged begin-push, begins-the-initial, chamber, commerce-, congress, house, house-panel, initial-phase, nation, small, the-nationIf the U.S. can come to the assistance of banks and homeowners, surely it could offer a helping hand in the form of lower interest rates for students. View original post here: How about a bailout for student debtors?
Also tagged a-bailout-for, assistance, form, lower-interest, original-post, rates-for, the-formA Vancouver detective spotted and stopped a car linked to the robberies of at least 17 banks and check-cashing stores in Oregon and Washington.
Also tagged bank-robberies, car-linked, detain-man, detective-spotted, more-here, oregon, original-here, police, robberies, the-robberies, vancouverPHILADELPHIA – (AP) The owners of Philadelphia’s two major newspapers are trying to rally support for local management of the business taking on banks and other creditors that hope to win the company in a bankruptcy auction.
Also tagged are-trying, business-, campaign, creditors, for-local, get-the, originally, philadelphia, rally-support, the-business, the-creditors, two-majorWASHINGTON (Reuters) – The number of problem U.S. banks and thrifts on an official watchlist rose sharply to 416 in the second quarter of 2009 from 305 in the prior quarter, as the industry recorded a $3.7 billion loss. Originally posted here: U.S.
Also tagged 2009-from, 3-7-billion, industry, insurance-fund, list-hits, official-watchlist, posted-here, prior, problem-bank, rose-sharply, second, the-industry, the-prior, the-secondAP – When the financial system was teetering, Federal Reserve Chairman Ben Bernanke flooded it with trillions of dollars to save the banks and free up credit for consumers and businesses. Link: Bernanke’s tough task: Withdrawing emergency aid (AP) See original here: Bernanke’s tough task: Withdrawing emergency aid …
Also tagged bernanke, chairman, credit-for, emergency-aid, federal, federal-reserve, financial, flooded-it-with, original-here, save-the, save-the-banks, the-financial, with-trillions, withdrawing