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Have we learned from Lehman?
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CBN Will Rid Banks of Criminals
By: MatthewDockter
Yinka Kolawole and Emma Ovuakporie Lagos — Governor of the Central Bank, CBN, Mr. Lamido Sanusi, has vowed that there will be no respite for banks on corporate governance, insisting that this will help rid the industry of criminals. Meantime, the Economic and Financial Crimes Commission (EFCC) will, today, file a 20-count charge against ...
about 1 month ago
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US bank failures top 100 for year
The number of US bank failures this year has topped more than 100 after US federal regulators shut down a trio of small Florida banks. Bank failures have cost the Federal Deposit Insurance Corporation (FDIC) fund that insures deposits an estimated $25bn this year. More US banks have now failed this year than in any year since 1992. The ...
about 1 month ago
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By: robertecrump
Chairman Dodd, Senator ShelbySenator ShelbySenator ShelbySenator Shelby, and members of the Committee, I thank you for the opportunity to appear before you today. I would also like to express my gratitude to President Obama for nominating me to a
7 days ago
- News Source: Al Jazeera | 2 months agoBritain shows that real reform to the way that economies and financial markets work has been "very limited". Tony Dolphin, the report's author, said: "Alarm bells should be ringing with the early signs of a 'back to business' attitude in the City...
- News Source: The Hindustan Times | 2 months agoThe collapse of Lehman Brothers a year ago has been likened to the 1994 crash that killed Formula One star Ayrton Senna, in the way it has spurred calls for root-and-branch review of risk in the financial sector. Senna's tragedy led to regulatory...
- News Source: Guardian Unlimited | 2 months agoMoody's also warned that the sector would be driven by regulation and government intervention as well as demands from the EU for banks in receipt of taxpayer funds to sell off large parts of their businesses. The clamour for regulatory change...
- News Source: The independent | 2 months agoWhat's most striking about today's anniversary of the collapse of Lehman Brothers is that we still have not answered the most fundamental question that the crisis prompted: what do we do about organisations that are too big to fail? President Obama...
- News Source: The Observer | 2 months agoThe apocalypse has been averted but banks have returned, unfettered, to business as usual Roundtable Gavyn Davies Quit stalling on capital reform Although banks often get carried away by a reckless search for short-term profits, they are not...
Related Tweets
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@jaketapper our WN story on the President's speech on regulatory reform » http://bit.ly/5Dii
2 months ago -
@ktumulty @neaston asks if lehman had 2 fail. Summers: maybe we should go back to women and science. Says he was surprised, nervous when it did #mpw09
2 months ago -
@ktumulty #mpw09 about to get under way with @neaston interviewing larry summers on the anniv of lehman going under.
2 months ago -
@mattgarrahan MattGarrahan: If only Lehman had been saved, Michael Jackson would still be alive (and other unlikely scenarios) http://bit.ly/Xka6W
2 months ago -
@ssstrom @kgilnack Know that, but it doesn't answer the question Repubs are asking.
2 months ago
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