 Nigerian Tribune More trouble appears on the horizon for the embattled Speaker of the Lagos State House of Assembly, Adeyemi Sabitu Ikuforiji, over an alleged N7 billion fraud as operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly stormed ... See all stories on this topic » | ||
| Euro crisis: how long can Germany remain the saviour? The Guardian News that Greece is set to miss its latest financial targets will not have bolstered confidence. As Europe's largest economy, Germany foots more than a quarter of the bill for eurozone bailouts. Much of that money stems from Frankfurt am Rhein, ... See all stories on this topic » | ||
| Bankers alone can't be trusted to resolve crisis Irish Independent The banks will need Government cooperation anyway in dealing with a case-by-case analysis of distressed mortgages because it will need financial information from Revenue and Social Welfare. What the Government is potentially building up to telling us ... See all stories on this topic » | ||
| Nationalisation of banks and plight of shareholders Moment Nigerian Newspapers 'President Jonathan should declare an emergency in the nation's banking industry to avert dire consequences on Nigeria's economic and financial status. 'The revocation of the operating licenses of the three commercial banks undermines the nation's ... See all stories on this topic » | ||
| Feds sue big banks over large losses Northwest Herald The federal action also underscored the often contradictory relationship between the government andfinancial firms in the wake of the crisis. At times, government officials have come to the rescue ofbanks and counted on them to help accelerate the ... See all stories on this topic » | ||
| Global economy in danger zone, says World Bank Chandigarh Tribune "The financial crisis in Europe has become a sovereign debt crisis, with serious implications for the Monetary Union, banks, and competitiveness of some countries," he said. "My country, the United States, must address the issues of debt, spending, ... See all stories on this topic » | ||
| Labour must learn from their history or be doomed to repeat it The Guardian It is correct that the governor of the Bank of England's first response to the financial crisis was intellectually rigid and dangerously so. Few people outside their immediate families would quarrel with Mr Darling's verdict that the bank chiefs were ... See all stories on this topic » | ||
| Jobs crisis sending officials into frenzy Evansville Courier & Press "This fall, the House Republicans will work to end these burdensome regulations that destroy jobs and put a financial burden on job creators. We need to create an environment that will encourage job creators to hire Hoosiers. ... See all stories on this topic » | ||
| Banks tell 'at risk' borrowers to spend less or lose their homes The Independent "We're calling them because they may be people who are going through some financial difficulties, who we have identified because they perhaps missed a payment or cancelled a direct debit." Some taxpayers may be pleased to learn that nationalised banks ... See all stories on this topic » | ||
| Editorial: Jobs. Now. Detroit Free Press The state's unemployment rate led the nation through the 2000s as the auto industry began downsizing, even before the housing crash and financial crisis of late 2008 accelerated GM and Chrysler's plunge into bankruptcy and sent the state's already high ... See all stories on this topic » | ||
| Randy McClain: Real estate exec sees barriers to recovery The Tennessean But his bottom line is this: Already, there was a manmade disaster in housing when loan standards become too loose and financial practices caused a near-fatal crash on Wall Street in 2008. Now, let's not cause another manmade collapse by squeezing the ... See all stories on this topic » | ||
| Maximizing Profits from The Real Gold and Silver Bull The Market Oracle (Ed. note: Indeed, the US M2 Money supply accelerated 2.2% in July, 2011 from the prior month; the fastest pace in 52 years.) Indeed, the US systemic-solvency and economic crises remain in broad deterioration, with banking-system solvency issues likely ... See all stories on this topic » | ||
| Taxpayers won't get money back from bailed-out banks "until at least 2015" MyFinances.co.uk However, the euro-debt crisis, poor economic performance of the UK economy and concerns over the global economy has led to a big fall in the value of UK bank shares, meaning that the government needs to see a doubling in the share price of both banks ... See all stories on this topic » | ||
| BANKS SET TO FACE HARD-LINE REFORMS Express.co.uk By Geoff Ho THE Independent Commission on Banking (ICB) is poised to unveil tough new measures to prevent banks from side stepping rules designed to make the financial system safer. The ICB wants the government to force banks to put their retail arms ... See all stories on this topic » | ||
| Should The Government Borrow More At Negative Real Interest Rates? Seeking Alpha You'll see a number of posts about financial repression on Credit Writedowns. What I am referring to is the negative real interest rates that are prevalent not just in the US but everywhere we see for higher-rated sovereign borrowers. ... See all stories on this topic » | ||
| A Season for Portfolio Insurance Barron's So it seems prudent to buy late-year calls on the CBOE Volatility Index, or VIX, knowing what typically happens in financial markets when the air chills and the leaves begin to change color. September is the most volatile month of the trading year. ... See all stories on this topic » | ||
| Gold's Rocket Ride Poised to Surge Even Higher The Market Oracle In June and July of this year, the South Korean Central Bank purchased 25 tons of gold, its first purchase in 13 years, since the 1997-1998 Asian financial crisis. Furthermore, in May, the Hong Kong Mercantile Exchange began trading 32 Troy Ounces Gold ... See all stories on this topic » | ||
| Sept Fed policy: Will there be $2000 gold & $45 silver? Commodity Online The money poured into the Euro debt crisis by the likes of Germany and France has already caused sufficient financial tress to the stronger economies in the EU. Whether the policymakers will allow that to continue remains to be seen. ... See all stories on this topic » | ||
| Here's What You Need To Know About Operation Twist Business Insider On the other hand, the Fed could simply implement this program to repurchase MBS and other assets from the banks. This would likely help to shore up credit markets (as asset alteration would ease credit fears) during a period when a credit crisis ... See all stories on this topic » | ||
| How Otunba Gbenga Daniel Almost Ran Ogun Stat… The Streetjournal In the course of investigating the mismanagement of N 30 billion allegedly siphoned from the state's local government allocations and the Bureau of Land Survey, the Economic and Financial Crimes Commission stumbled on evidences relating to another scam ... See all stories on this topic » | ||
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| Q&A: Homebuilder John Wieland Atlanta Journal Constitution It gives you financial flexibility so that if your job gets sick, you don't have a mortgage that is pressing down on you. Now, the history is that housing has led the country out of recessions until this one. It didn't happen this time because of the ... See all stories on this topic » | ||
| Nation World Nation on Sunday The Federal Housing Finance Agency - which oversees mortgage giants Fannie Mae and Freddie Mac - blames the banks for failing to perform adequate checks on the quality of mortgage securities they sold on to investors before the financial crisis in 2008 ... See all stories on this topic » | ||
| La Liga: Why the Duopoly of FC Barcelona and Real Madrid is not down to TV revenue Barca Blaugranes This happened to many clubs, but unable to convince the banks of their financial solvency, many had to go without entirely, subsequently not paying the players. This led to a strike, and unbelievably, led to calls for a better TV deal. ... See all stories on this topic » | ||
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