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With a National Security Letter, the FBI can go directly to a bank or internet service provider and compel them to turn over records on people who are not even suspected of having terrorist ties. [read post]
25 Apr 2012, 10:23 am by Steve
Under the Foreign Account Tax Compliance Act (FATCA), starting in 2014, all banks world-wide who want to continue to do business with Americans and American banks and institutions, will have to agree to become a withholding agent of the U.S. government and turn over to the IRS, the names of all their depositors whom they suspect are Americans. [read post]
15 Apr 2010, 11:20 am by LindaMBeale
  The bailout terms--set by the Bush administration in September 2008--were very banker friendly:  the US wouldn't exercise control, wouldn't force cramdowns on the banks to protect ordinary Americans who had been bamboozled by greedy mortgage lenders looking for product, product, product, and the US certainly wouldn't force the banks to downsize and eliminate their "too big to fail" status. [read post]
Help consumers and businesses manage money with real-time payments, and ensure the availability of a real-time payments network for all Americans by 2020. [read post]
30 Jul 2012, 10:14 pm by Stan
Visit some of the African or South American countries who owe their brand-new, multi-million dollar football stadiums to China’s financial largess and tell me if you still think China needs help from the World Bank to build that water treatment facility. [read post]
19 Apr 2012, 9:16 am by Kyle
A 2010 study by the Federal Reserve Bank of Boston estimates that the average American with debt has over $15,000 in credit card debt alone. [read post]
19 Oct 2010, 8:04 am by Big Tent Democrat
Strictly speaking, the percentage of Americans employed is 58%. 64.7% of working age Americans are employed. [read post]
20 Mar 2018, 1:06 pm by John Buhl
This redirection of bank lending was about as large as the change in the budget deficit. [read post]
We cannot bury this crisis in the litter box of history until we recognize how foreclosures have changed the way most Americans look at our judges, our political leaders and our banking system - all of whom have justifiably lost respect from the rest of us. [read post]
22 Aug 2024, 9:05 pm by Samantha Heavner
Allen, a professor at American University Washington College of Law, argued that deposit insurance might be insufficient to prevent future bank runs, or instances in which bank customers rush to withdraw their funds, especially if technological developments create new triggers for bank runs. [read post]
10 Jan 2008, 12:54 pm
  The interchange issue illustrates the fundamental divide in American and European approaches to antitrust law. [read post]
We cannot bury this crisis in the litter box of history until we recognize how foreclosures have changed the way most Americans look at our judges, our political leaders and our banking system - all of whom have justifiably lost respect from the rest of us. [read post]
19 Jun 2010, 5:59 am by Mandelman
 Banks like Citibank, Bank of America and others, went from being practically penny stocks a year ago, to handing out record bonuses only months later! [read post]
3 May 2010, 5:53 pm by LindaMBeale
"  Clearly this is a necessary ingredient of achieving a higher standard of living for all Americans. [read post]