NewsCloud.com Banks News

Protect yourself, your family and America

When your drug-sodden brother starts taking out loans and expects you to pay your remedy is to run a notice in the paper under LEGAL NOTICES. We have all seen them.

The time has come for all of us to do just that. Do it today. Protect yourself and let Congress, and the world, know we are not going to stand for it. Get on record.

Lehman Brothers and Merrill Lynch & Co. Inc. Collapse Hard!

Lehman Brothers burdened $60 billion in soured real-estate holdings, filed a Chapter 11
bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the 158-year-old firm
failed. Bank of America is bailing out Merril Lynch in a $50 billion all-stock transaction.
In addition, Fannie Mae and Freddie Mac have fell hard and so are many other respectable banks.
Yes, even yours. Want to know which banks are falling as we speak and discover how to get your
money out of these banks, fast? Great. There's a website that will give you a pdf of all the banks
that are falling. Good luck.

Blame subprime on the banks: accounting rule-maker

An accounting rule maker says the banks have created the subprime crisis

Banks want to change accounting rules

The banks want to shift the goal posts. They want to change the accounting rules so that they don't have to report big losses

Banks play the accounting shell game

Banks arer using accounting tricks to fool investors

Recession time: the house of cards tumbles

What role did the banks play creating the US recession?

Carbon principles

The big banks have brought in climate change principles to make companies more environmentally aware

climate change and banks

Climate change will transform the finance industry. How well prepared are the banks? And is it shaping up as the next sub-prime.

Feds cut interest rates but Banks don't have to

That made my blood boil. Banks can do whatever they want! Here's the lowdown from ABC news.

French government vowed Tuesday to fight off any hostile takeover

PARIS (AFP) - The French government vowed Tuesday to fight off any hostile takeover bid for Societe Generale as the bank\\\\\\'s chairman faced mounting pressure to stand down over multi-billion-euro rogue trade losses.

The Age Blogs: Management Line

Do banks have a responsibility on environmental issues? Should they impose environmental conditions when they fund projects?

Bear markets and the Rumsfeld effect

You know things are really looking bad on the markets what the central banks start pumping in money to ease the liquidity crunch. But it s a band-aid solution because no-one where the risks are. It s a bit like Donald Rumsfeld s unknown unknowns . Do the banks know something we don t?

Bush hurts Enron's investors

President George Bush has stiffed Enron investors by refusing to back their lawsuit against Enron s investment banks. The White House decision goes against the recommendation of the Securities and Exchange Commission.

Systemic risks run hedge funds into lemons

The implosion of hedge fund Amaranth has raised calls for more regulation but is that a case of shooting the messenger? The real culprits might be the banks. With hedge funds now the biggest clients of banks, changes in banking structure have opened the way for real conflicts of interest.