Today: FINANCIAL News, Money, Banks, Stock, Economic and Financial Crisis, Apr 15, 2011

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Apr 15, 2011

FINANCIAL News, Money, Banks, Stock, Economic and Financial Crisis, Apr 15, 2011

FDIC's Bair: Money Market Industry Needs More Reform
Wall Street Journal
NEW YORK (Dow Jones)--The money market funds industry needs more reform, a top US banking regulator said Friday. During the financial crisis, money market funds "were an accident waiting to happen, and it did happen," Federal Deposit Insurance ...
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Finance for Tots: How to Forgo Ice Cream for a Toy
New York Times
Until recently, however, few people made much effort to get children this age to think hard about money. Why go all pecuniary on a child who has barely mastered counting? In the wake of the financial crisis, however, and the realization that ...
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Charles Schwab 1Q Net Soars On Asset Fees, Trading
Wall Street Journal
(Adds information on asset management, administration fees and money market fund fee waivers beginning in second paragraph, comments from chief financial officer in the sixth paragraph, trading in the 15th paragraph, and updates share price in ninth ...
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Exchange traded funds become more exotic
NewsNet5.com
AP image While mutual funds are the reigning heavyweights of the financial-services industry, exchange-traded funds that track small nooks and crannies of the investment world are growing in numbers even as they become more exotic. ...
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NewsNet5.com
FDIC's Bair: Dodd-Frank Will Level Playing Field Between Large And Small Banks
Wall Street Journal
Bair also called for reforms to the money market funds industry. During the financial crisis, money market funds "were an accident waiting to happen, and it did happen," Bair said in a response to an audience question. Citing the profile of investment ...
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Rate Hikes by Foreign Central Banks Could End the Party for US Investors
Money Morning
[Editor's Note: In late 2008, in the depths of the global financial crisis, Money Morning's Shah Gilani told you about five looming "aftershocks" that could lead to major profits. Each prediction came true. Now he explains how foreign central banks are ...
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'Fast Money' Recap: Google Trade
TheStreet.com
By David Tong 04/14/11 - 07:33 PM EDT NEW YORK (TheStreet) -- The markets were mixed Thursday as tech and financial stocks showed weakness. The Dow Jones Industrial Average added 14.16, or 0.12%, to 12285.15. The S&P 500 edged up 0.11, or 0.01%, ...
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Ninth Grade South Florida Student Wins National Financial Literacy Poster Contest
PR Newswire (press release)
As part of the NFCC's annual "Be Money Wi$e" effort to promote financial literacy among schoolchildren, students were encouraged to create posters that highlight being financially responsible. "It is never too early to teach the importance of saving ...
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Portugal dodges default as it awaits bailout help
The Associated Press
Officials admit they won't have enough money to settle a euro7 billion debt falling due mid-June and have asked for financial help amid a cash crunch that is threatening the provision of basic services. The ailing country is weathering unsustainable ...
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More money for value
Xinhua
The large-scale short-term flow of international capital and its speculation are an important cause of international financial volatility. Each country should take united action to strengthen the restrictions on international hot money, ...
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Financial rejection: When wealth is uncomfortable
Being rich is the American Dream, right? Not for those who suffer from financial rejection, a money disorder that prevents people from enjoying their wealth.
CreditCards.com News: All credit... - http://www.creditcards.com/credit-card-news/rss/rss_view.php?id=25
MONEY MATTERS: Financial news and information - Halifax, MA ...
Halifax-Plympton Reporter - I would like to fix you up. No, not with a slightly balding friend of mine who still lives with his parents, has no job and is ...
www.wickedlocal.com/.../MONEY-MATTERS-Financial-news...
From Sesame Street to Wall Street:Teaching Pre-Schoolers Money Skills
So when a fellow financial journalist and friend Beth Kobliner, ... for the first time, money being used on the Street, I snapped to attention. Financial ...
blogs.forbes.com/.../from-sesame-street-to-wall-streetteaching-...
FDIC's Bair: Money Market Industry Needs More Reform
NEW YORK (Dow Jones)--The money market funds industry needs more reform, a top US banking regulator said Friday. During the financial crisis, money market ...
online.wsj.com/article/BT-CO-20110415-710804.html
How to Lobby for More College Financial Aid
Students can appeal their financial aid offers and potentially get more money than they were originally offered if they play their cards right. ...
www.foxbusiness.com/.../lobby-college-financial-aid-3104349...
Money funds face multipronged threat to existence | Financial News ...
NEW YORK (Reuters) - Life is only going to get harder, analysts say, for money market funds, which are already imperiled by an environment in which ...
www.nathanhamm.net/.../money-funds-face-multipronged-thr...
Fidelity's Soviero Wagers on Junk Stocks to Unseat Heebner as Top Manager
Bloomberg
The fund no longer owned the stock as of Jan. 31, Bloomberg data show. The global financial crisis of 2008 triggered a flight to safer assets that crushed the fund, said Shannon Zimmerman, a Morningstar analyst. “No one wanted an unhealthy balance ...
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Ldn FX: Dollar, Yen Boosted By Swing Back Into Risk Aversion
IMarketnews.com
US: Press pick-ups in the US Thursday, * US: US investigators are examining whether some of the world's biggest banks colluded to manipulate a key interest rate before and during the financial crisis, affecting trillions of dollars in loans and ...
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ECB - Speech by José Manuel González-Páramo, Member of the Executive Board of ...
DeHavilland (press release) (subscription)
As the crisis is still unfolding, we cannot tell with certainty how our economic and financial systems will function in the future. Unfortunately, based on past experience, we can safely predict that individual banks, and the financial system as a ...
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Australia's Stevens Says China Share of Global Economy Will Approach US
Bloomberg
The US economy and financial system will remain very large and internationally important for the foreseeable future.” Responding to questions after the speech, Stevens said the longer there's cheap money provided by central banks around the world, ...
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Glencore Starts $11 Billion IPO as Goldman Says Flee Commodities
BusinessWeek
CEO Ivan Glasenberg and Chief Financial Officer Steven Kalmin will remain in their roles, it said. Commodities, which jumped 20 percent last year, slumped the most in four weeks on April 12 as Japan's nuclear crisis raised investor concern the global ...
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Deficit/debt dilemma is way uglier than in the 90s
msnbc.com
What makes today's debt problem different from the 90s is the aftermath of the greatest financial crisis since the 1930s. It has slammed the budget in two ways: First, high unemployment and loss of wealth caused a staggering collapse in tax revenues. ...
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msnbc.com


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