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23 Sep 2008, 2:05 am
" These bills were discussed in the congressional hearing today. [read post]
23 Sep 2008, 1:30 am
Congressional leadership restarts talks with Paulson. [read post]
22 Sep 2008, 7:15 pm
On March 6, 1933, President Roosevelt declared a week-long "bank holiday" that resulted in Congressional reform of the national banking system through passage of the National Bank Act of 1933. [read post]
22 Sep 2008, 10:42 am
For nearly a year, Paulson has touted an initiative that calls on banks to voluntarily modify mortgages held by struggling homeowners so they can stay in their homes. [read post]
22 Sep 2008, 5:03 am
It's such a bizarre year: that New York Times story headlined "Congressional Leaders Stunned by Warnings" on the economy - "the congressional leaders were told 'that we're literally maybe days away from a complete meltdown of our financial system'" - followed by the Washington Post covering McCain's published praise of bank deregulation under the headline "McCain Health-Care Article Fuels New… [read post]
22 Sep 2008, 1:25 am
Some congressional figures have already targeted executive compensation and compensation clawbacks as important considerations of the bailout effort. [read post]
21 Sep 2008, 1:44 pm
Now the Treasury, the Fed and congressional leaders are promising its enactment within days. [read post]
20 Sep 2008, 3:02 pm
Democratic Congressional leaders have pledged to approve legislation by the end of this week. [read post]
20 Sep 2008, 2:42 pm
Consumer groups are reported to be in touch with congressional staff about including this provision in the Wall Street bailout package and apparently some Congressional leaders are interested. [read post]
20 Sep 2008, 11:17 am
Schumer, Democrat of New York.As Senator Christopher J Dodd, Democrat of Connecticut and chairman of the Banking, Housing and Urban Affairs Committee, put it Friday morning on the ABC program "Good Morning America," the congressional leaders were told "that we're literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally. [read post]
20 Sep 2008, 8:14 am
Dodd, Democrat of Connecticut and chairman of the Banking, Housing and Urban Affairs Committee, put it Friday morning on the ABC program "Good Morning America," the congressional leaders were told "that we're literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally. [read post]
19 Sep 2008, 5:10 pm
Dodd, Democrat of Connecticut and chairman of the Banking, Housing and Urban Affairs Committee, put it Friday morning on the ABC program "Good Morning America," the congressional leaders were told "that we're literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally. [read post]
19 Sep 2008, 3:12 pm
The bill will now go before the Senate Banking Committee for consideration. [read post]
19 Sep 2008, 11:35 am
Does this mean that the "Masters of the Universe" investment banks will more closely come to resemble--or pair up with--conventional deposit-taking banks? [read post]
18 Sep 2008, 8:56 pm
Opinion below (Court of Appeals of Kentucky) Petition for certiorari Brief in opposition __________________ Docket: 07-1234 Case name: The Long Island Savings Bank, FSB, et al. v. [read post]
18 Sep 2008, 4:25 pm
Until maybe twenty years ago most mortgage loans were made by a regulated bank or credit union -- you got the loan from that entity and you paid them back. [read post]
18 Sep 2008, 1:07 pm
By Alan White At a Congressional hearing yesterday the major banks that now control most of the mortgage servicing in the U.S. made it clear that they are very unlikely to write down the mortgage balances of homeowners facing foreclosure. [read post]
18 Sep 2008, 3:33 am
Citic being a Chinese bank, Morgan Stanley being a symbol of American capitalism. [read post]
17 Sep 2008, 5:44 pm
The FDIC receives no Congressional appropriations - it is funded by premiums that banks and thrift institutions pay for deposit insurance coverage and from earnings on investments in U.S. [read post]
15 Sep 2008, 3:54 am
Even the California Governor, despite the fact that he has bigger fish to fry (like getting a state budget passed), should be good for some support, and so should the state's senators and LA state senators, state reps and Congressional reps - but only if all of them get pressure from constituents. [read post]
