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15 Sep 2008, 5:14 am
  But that's not all the news that's fit to print.According to the New York Times, Bank of America, which last purchased Countrywide Mortgage, is purchasing Merrill Lynch, the retail brokerage giant, while AIG facing a liquidation crunch, needs a loan from the Fed to stay afloat through the close of the day, and Washington Mutual teeters on failure. [read post]
1 Aug 2012, 10:33 am by James Hamilton
Cash investors, such as money market mutual funds, rely on the tri-party repo market to be a very safe, liquid short-term investment. [read post]
8 Jan 2008, 8:25 pm
" However, after explaining the basis for our requests, and with a minimal amount of back-and-forth, we negotiated a mutually acceptable contract. [read post]
30 Jun 2010, 9:19 am by Lawrence Cunningham
Under the termination agreements, orchestrated by the Federal Reserve Bank amid a panic verging on catastrophe, AIG paid the banks one hundred cents on the dollar for its obligations under credit default swaps, including on securities those banks helped to design or market. [read post]
24 Mar 2017, 6:00 am by Doug Cornelius
She went on to become the finance industry’s most relentless critic, while he made millions as a lawyer representing big banks and hedge funds. [read post]
4 Oct 2009, 7:36 pm
The odd thing was, of course, that TPG and Blackstone were well known to D.C. regulators, since TPG had bought a stake in Washington Mutual and Blackstone was part of the private equity consortium that bought BankUnited in Florida when no commercial bank expressed interest in that bank earlier this year. [read post]
4 Mar 2015, 11:47 am by Allison Tussey
  Washington Mutual Bank relied upon the falsely notarized documents and the false tax returns in deciding to provide a $250,000 line of credit. [read post]
18 Jul 2011, 2:10 pm by Dave Wingate, Senior Life Care Planning
Other accounts for which you may have named a beneficiary include retirement accounts, life insurance policies, bank accounts, certificates of deposit, stocks, bonds and mutual funds. [read post]
18 Jul 2011, 2:10 pm by Dave Wingate, Senior Life Care Planning
Other accounts for which you may have named a beneficiary include retirement accounts, life insurance policies, bank accounts, certificates of deposit, stocks, bonds and mutual funds. [read post]
10 Jun 2022, 7:10 am by Simon Lovegrove (UK)
It’s rating on recommendation 13 The FATF has changed the UK’s rating on recommendation 13 (correspondent banking) from partially compliant to compliant. [read post]
25 Aug 2006, 2:24 am
It estimates that 40% of the top 100 U.S. banks now use its online banking security system. [read post]
18 Jan 2021, 8:45 am by Silver Law Group
The firm alleged that he created fictitious account statements for clients and deposited client money into his own bank accounts. [read post]
4 Jun 2012, 9:56 am by McNabb Associates, P.C.
The victim banks included Washington Mutual (now JPM Chase), Bank of America, American Sterling Bank, ING Bank, IndyMac Bank, and Merrill Lynch & Co. [read post]
4 Jun 2012, 9:56 am by McNabb Associates, P.C.
The victim banks included Washington Mutual (now JPM Chase), Bank of America, American Sterling Bank, ING Bank, IndyMac Bank, and Merrill Lynch & Co. [read post]