With Wall Street set to pay the biggest bonuses in its history, some recipients are still complaining that not enough will be in cash, leaving them to face a "liquidity" squeeze. I’ve been wondering just what kind of squeeze that …http://online.wsj.com/article/SB20001424052748703672104574654213121277566.html
As the Obama administration considers levying new charges against Wall Street to appease his party and claw back TARP money used to bail out the banks it can feel confident that it has some wiggle room. That’s because UK Prime Minister Gordon Brown’s …http://www.cnbc.com/id/34820883
If you would know why bankers are enjoying a large and controversial deluge of annual bonuses, look no further than the monthly report of the New York State Comptroller’s Office. The economy may be in the dumps, …http://online.wsj.com/article/SB20001424052748704586504574654392944690658.html
Wall Street bonuses are back in the news again, as the Obama administration scores cheap political points by bashing bankers. Wall Street’s investment-banking houses correctly claim that they are …http://moneymorning.com/2010/01/13/wall-street-bonus-bashing/
The Fed has a licence to print money. Sometimes… when it can get away with it… it prints a lot of money. And it makes a lot of money. What’s the news? The Dow fell a little – off 36 points. The oil price traded at $80. And the gold price dropped …http://www.dailyreckoning.co.uk/economic-forecasts/hail-fed-56132.html
Whats the news? The Dow fell a little – off 36 points. Oil traded at $80. And gold dropped $22, to close at $1129. Nothing unusual. But poor Mr. Obama… He seemed like a nice enough fellow. More and more people seem to be mad at him. What went wrong? …http://beforeitsnews.com/story/11770/Banking_on_Power_and_Fed_Profits.html
President Obama is expected to announce a plan tomorrow to impose fees on US financial firms, in an effort to recover shortfalls from government bailouts of banks and other companies. Many of the firms that received bailout money are once again making …http://worldfocus.org/blog/2010/01/13/imposing-big-taxes-on-wall-street-bankers-
Some things have changed in the banking industry and some haven’t. In the fall of 2008 Wall Street was on the brink of financial disaster, and only extraordinary federal intervention, including a $700 billion bank bailout fund, spared the industry from …http://www.baltimoresun.com/news/opinion/editorial/bal-ed.bonuses0113,0,6584965.
(Jan. 13) — There was the near-collapse of the banking industry, forestalled by the injection of trillions of taxpayer dollars. Then the lingering recession. Now, in the coming weeks, we could finally see "the first salvo in a long-overdue …http://www.sphere.com/nation/article/experts-see-tipping-point-in-push-to-reform
As markets rallied last year, investment banks paid back TARP funds and Wall Street reactivated steakhouse tabs en masse. A return to Bonus Bonanza was almost preordained. According to Bloomberg, financial services profits could triple …http://www.msnbc.msn.com/id/34841713/ns/business-businessweekcom/
