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11 Feb 2011, 5:00 am
SEC’s Sovereign Wealth Fund Probe Is More Than Name Suggests by Joe Palazzolo in WSJ.com’s Corruption Currents The Securities and Exchange Commission’s foreign bribery probe of banks and private-equity firms is looking beyond their dealings with sovereign-wealth funds to other types of sovereign investment, said a lawyer familiar with the investigation. [read post]
8 Feb 2011, 2:40 pm
The banking groups said that the Durbin Amendment would cause severe harm to the entire banking industry and, in particular, to community-based banks and the communities they serve…They strongly urged Congress to intervene immediately to stop the Federal Reserve’s interchange rule from being implemented.The letter explains that the Fed’s proposed rule is very restrictive, giving no consideration to the overall costs to maintain or improve the U.S.… [read post]
6 Feb 2011, 8:23 am
If a debt buyer says John Doe owes money, and John Doe isn’t present to defend himself, the debt buyer can obtain a judgment and freeze John Doe’s bank account. [read post]
4 Feb 2011, 3:58 pm
(As President, Madison had signed the bill creating the Second Bank of the United States, which he thought to be inconsistent with original meaning, but validated by subsequent practice.)The current U.S. [read post]
4 Feb 2011, 7:48 am
He promised congressional Democrats that down the line he would ? [read post]
3 Feb 2011, 3:21 pm
This lets the banking agencies in times of crisis respond quickly to changes in staffing and other program needs and to engage in long-range (multi-budget-year) planning by setting their own budget levels and then paying their own way through user fees.While under a self-budgeting process, assured the former officials, the SEC will always remain subject to Congressional oversight. [read post]
3 Feb 2011, 7:25 am
The Congressional Oversight Panel will be holding a hearing tomorrow, February 4th at 10:00 a.m. in room 538 of the Dirksen Senate Office Building to "examine the current state of the commercial real estate market and its implications for bank... [read post]
2 Feb 2011, 11:42 am
Lopez itself shows that Congressional power can be limited without the activity/inactivity distinction. [read post]
2 Feb 2011, 9:04 am
Grassley noted the proposal would lack significant congressional oversight. [read post]
2 Feb 2011, 5:11 am
But I have to pay back the bank, which gets $55, as it has earned 10% interest on its $50 loan. [read post]
1 Feb 2011, 2:32 pm
Maryland, a few years before Gibbons, Chief Justice Marshall embraced a broad understanding of congressional power under Article I, holding that the Constitution gave Congress the power to charter a national bank. [read post]
31 Jan 2011, 4:17 am
The congressional panel’s report and Neil Barofsky’s both concluded that HAMP’s ultimate performance would fall far short of its promise to help 3-4 million homeowners avoid foreclosure… to say nothing of the 8-13 MILLION FORECLOSURES EXPECTED BY 2012. [read post]
29 Jan 2011, 4:19 pm
Some case law is worth reading. [read post]
28 Jan 2011, 9:58 am
Contact info for Congressional Representatives, agency, and author are populated in the sidebar. [read post]
28 Jan 2011, 9:58 am
Contact info for Congressional Representatives, agency, and author are populated in the sidebar. [read post]
28 Jan 2011, 3:48 am
Appellants claim that their separate tax identifications, banking accounts, and tax returns establish that they are not engaged in a joint enterprise. [read post]
25 Jan 2011, 5:13 pm
Last year, the Ohio Legislative Service Commission, a non-partisan agency that serves the Ohio General Assembly, added a few very good Members Only Briefs to its bank of helpful information. 2010 additions include a Brief on Adopting General Assembly and Congressional Districts, an update to A Guide to Legislative History in Ohio, a Brief on Municipal Home Rule, a Q & A on School Calamity Days, and several others. [read post]
22 Jan 2011, 6:05 pm
p.s. what could these debtors have done that would have made the banks and mortgage companies and the Bankruptcy Judge here happy? [read post]
19 Jan 2011, 8:09 am
With its bottomless checkbook, the Fed has bought trillions of toxic assets from banks and other firms, in an effort to stop up the holes in their balance sheets. [read post]
18 Jan 2011, 10:49 am
Money supply figures for December, which the central bank released on Tuesday, showed that cash and bank deposits were increasing at a rate twice as fast as even China’s soaring economy. [read post]
