Politics
Politics Articles
The Administration is proposing that large banks pay a tax based on .15% of total assets minus high-quality capital, such as common stock, and disclosed and retained earnings. Federal Deposit...
Published:
We have compiled from press releases and from company announcements a company-by-company donation and effort pledge to help in the relief efforts after the disastrous earthquake in Haiti. These are...
Published:
Last Updated:
Baidu, Inc. (NASDAQ: BIDU) is seeing perhaps the largest trading session of its sort. The notion that Google Inc. (NASDAQ: GOOG) might be out of China almost entirely represents a huge opportunity...
Published:
Last Updated:
American International Group has done what it could to keep top talent around at the company, and it has been able to get at least some exceptions on the restriction of pay that is being imposed on...
Published:
Last Updated:
Sen. Ted Kaufman may be the most self-aggrandizing member of Congress. His office sends out press releases ever few days about his stances on the financial services industry and other items he thinks...
Published:
Last Updated:
The only chance that Republican House members and other Congressmen have to cap the rise of new spending bills is to put a ceiling on the national debt. There are simply too many expensive programs...
Published:
Last Updated:
Citigroup Inc. (NYSE: C) was already in our “top after-hours trading movers” because of weakness in its share price on the discounted secondary offering. That is no longer conjecture. ...
Published:
Last Updated:
There is finally news that Citigroup (NYSE:C) is close to repaying the government as much as $20 billion to return TARP funds so it can get out from under the government’s thumb on...
Published:
Last Updated:
Politicians and economists are forever coming up with new ideas to lower the national debt which is now more than $12 trillion and growing rapidly. The New York Times reports that the idea of a...
Published:
Last Updated:
If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co. (NYSE: WFC) in the race to exit the TARP in the catch-up game to Bank of America...
Published:
Last Updated:
Monday and Tuesday came the downgrades for Greece by ratings agencies. Now it is Spain’s turn, or at least the writing is on the wall. Standard & Poor’s has revised Spain’s outlook to...
Published:
Last Updated:
The Treasury Department announced over the weekend that its TARP losses will be $200 billion less than expected. Banks are paying back money at an unexpectedly rapid pace. There are even rumors that...
Published:
Last Updated:
Several Senators cuffed Fed Chairman Ben Bernanke around during hearings today. Chris Dodd, who runs the Senate Banking Committee in whose presence Bernanke appeared, gave the world assurances that...
Published:
Last Updated:
Fed Chairman Ben Bernanke has written an opinion piece for WashingtonPost.com attacking proposals being supported by Rep Ron Paul and Sen Chris Dodd to strip the Federal Reserve of most of its...
Published:
Last Updated:
UnitedHealth Group, Inc. (NYSE: UNH) and most healthcare related insurers are trading higher today despite the coming health-insurance reform. The Senate voted over the weekend to open a debate on...
Published: