Search for: "The Commercial Savings Bank"
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11 May 2011, 11:30 pm
Simply put, he is a man who made hundreds of millions of dollars while the mortgage market fell apart and people lost their homes, dreams, and life savings. [read post]
14 Nov 2010, 2:26 pm
“Quantitative easing” is a pompous, uninformative term for a central bank’s buying debt (bonds, mortgages, commercial paper, etc.) in quantity in an effort to depress interest rates in order to stimulate economic activity. [read post]
5 Mar 2011, 8:48 am
But the bank must be paid back at that time. [read post]
16 Apr 2016, 8:26 am
But the bank must be paid back at that time. [read post]
26 Nov 2012, 9:38 pm
(S190581) the Supreme Court will address whether the fraud exception to the parol evidence rule permits evidence of a contemporaneous factual misrepresentation as to the terms contained in a written agreement at the time of execution, or whether such evidence is inadmissible under Bank of America National Trust & Savings Association v. [read post]
21 Jun 2010, 8:21 am
I have not found commercial non-lawyer negotiation companies that consistently provide good results to clients, so I don't refer to any at this time; but if I find one that provides a consistent good outcome as an alternative to filing a bankruptcy, I'll certainly pass that information along. [read post]
21 Jun 2010, 1:08 pm
For commercial banks, small loans – the highest loan Grameen America will offer to a first time buyer is $1,500 – do not offer lucrative returns. [read post]
17 Oct 2011, 6:00 am
Then there are the mid-market and local community banks for both commercial and residential borrowers and the savings and loan associations for primarily residential borrowers. [read post]
22 Dec 2009, 7:27 pm
All you have to do is lend, and we shall be saved, is his line, and he's sticking to it. [read post]
24 Sep 2021, 3:35 am
The Board reversed a Section 2(d) refusal of ASCENT FEDERAL CREDIT UNION for "Credit union services, namely, providing checking and savings accounts, mortgage lending, savings and loan services, bill payment, financing, ATM banking services, individual retirement accounts, payroll tax debiting services, and electronic banking via the global computer network, excluding providing lease financing for private student loans" [FEDERAL CREDIT UNION… [read post]
29 Dec 2011, 3:46 pm
" Alas, when you save or invest in big corporate banks in the 21st century, the bank isn't likely to explain to you, George-Bailey-style, how your money is going to work in the world. [read post]
24 Apr 2022, 9:51 am
(Remember we separated banks between retail and commercial during the New Deal in the Glass Steagall legislation. [read post]
16 Sep 2008, 2:33 am
Other players in the distressed bank game want to pick up portfolios of bad assets from the FDIC (at a very "reasonable" price, of course) and others with expertise in working out troubled commercial real estate assets (some of them who honed their skills in the savings and loan meltdown of the late 1980s and early 1990s) want to counsel banks on how to deal with such assets in a way that limits the pain and maximizes the ultimate recovery (for a… [read post]
18 Dec 2009, 3:00 am
That is, they can borrow money more cheaply, leading to greater ability to make profits, than can other banks, because of the implicit guarantee that the federal government will step in and save them because they are TBTF and pose a systemic risk. [read post]
9 Jul 2015, 9:24 am
“The 21st Century Glass-Steagall Act will rebuild the wall between commercial and investment banking and make our financial system more stable and secure. [read post]
4 Feb 2011, 5:07 pm
(Ally Bank commercial)A lot of effort was put in by a lot of people to oppose Access Copyright’s controversial Interim Tariff - sought belatedly and without any evidence, or indeed any existing tariff to form the basis of an extension or interim tariff. [read post]
27 Feb 2012, 10:54 am
Apparently, Citibank was serving as trustee for the mezzanine tranches of some of the loans, and was the investor in the AA- 2-year CDO squared, but says the bank hired Wells Fargo to short AIG in order to protect itself from volatility in the asset-backed commercial paper market and the possibility of margin calls resulting from exposure to default by Greece, if it occurred in the third quarter of 2011, but through leveraging inverse interest rate swaps against bonds… [read post]
6 Oct 2008, 3:22 am
" moment Friday morning when we read that Wachovia had spurned what was announced as a done deal to sell itself (or, at least, its commercial bank) to Citigroup, and had accepted a better offer from Wells Fargo. [read post]
16 Nov 2012, 2:40 pm
So if it quacks like a bank, suffers runs like a bank, and is saved like a bank, it needs to be regulated like a bank. [read post]
17 Jun 2009, 4:08 am
Because they're so critical to the workings of the U.S. commercial system and stability of society in general, bank insolvencies are treated differently, under different laws, than regular business insolvencies. [read post]
