Economic woes, anger at banks prompt fresh look at socialist solution: Bank of North Dakota
Economic woes, anger at banks prompt fresh look at socialist solution: Bank of North Dakota
BISMARCK, N.D. – It has no automatic tellers or drive-up windows, doesn’t issue credit cards, and tends only a few thousand checking and savings accounts.
Read more on Minneapolis-St. Paul Star Tribune
Categories: auto loan Tags: anger, bank, banks...., Dakota, economic, fresh, look, NORTH, prompt, socialist, solution, woes
Banks Have ‘Tin Ear’ on Executive Pay, Dinallo Says (Update1)
Banks Have ‘Tin Ear’ on Executive Pay, Dinallo Says (Update1)
Feb. 12 (Bloomberg) — Eric Dinallo , the former insurance regulator running for New York attorney general, said Wall Street has a “tin ear” on pay and should support President Barack Obama ’s proposed tax on financial firms to recover bailout money.
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Stacy Mitchell: Small Business Lending: Big Banks vs. Small Banks
Stacy Mitchell: Small Business Lending: Big Banks vs. Small Banks
Although some community banks will benefit from Obama’s plan to make $30 billion in low-cost capital available to them, for most small banks, the issue right now is not a lack of capital.
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2nd UPDATE: Fed Audits Banks That Participated In TALF -Sources
2nd UPDATE: Fed Audits Banks That Participated In TALF -Sources
2nd UPDATE: Fed Audits Banks That Participated In TALF -Sources
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Hartsko, other lenders fill void left by banks
Hartsko, other lenders fill void left by banks
In the glory days of the digital-photo-frame business, when his products were still a novelty and shoppers were flush with cash, getting a bank loan to manufacture them was a cinch, Michael Levy says. “We would say: ‘We got a $1 million order from the… Business – Loan – Bank – Financial Services – Banking Services
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Guest commentary | Banks have been unfairly vilified in economic crisis
Guest commentary | Banks have been unfairly vilified in economic crisis
In the decade after the repeal of the Glass-Steagall Act, and before the current financial crisis, commercial banks, investment banks and mortgage banks voluntarily merged for competitive reasons.
Read more on The Kansas City Star
Categories: auto loan Tags: banks...., been, commentary, Crisis, economic, Guest, unfairly, vilified
Banks hold cash, call in loans
Banks hold cash, call in loans
Less than a year after coping with the bankruptcies of General Motors and Chrysler, Michigan’s economy is in the midst of another crisis, one that doesn’t generate many headlines but is just as threatening. Businesses that want to expand and hire new workers cannot get the loans they need. Banks are calling in loans — even good ones — leaving companies scrambling to find new financing to keep …
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FDIC Shuts 5 Banks in 5 States
FDIC Shuts 5 Banks in 5 States
FDIC Shutters 2 Big Calif. Banks, 5 Others (AP) Regulators shut down banks Friday in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, …
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Most thai banks have a better 2009
Most thai banks have a better 2009
As further evidence of the Thai banking sector’s resilience to the global economic crisis, all but two institutions releasing their 2009 financial results managed to end the year with higher earnings than in 2008.
Read more on The Nation – Thailand’s English news
Matthew Lynn: Banks have more bite if more start to bark
Matthew Lynn: Banks have more bite if more start to bark
Sherlock Holmes once solved a mystery by concentrating on “the dog that didn’t bark.” In the story “Silver Blaze,” the detective’s point was that sometimes it is more useful to look at what…
Read more on Omaha World-Herald