Summers challenges Wall Street to accept new regulations
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- News Source: Herald Tribune | about 1 month agoOutput at the nation's factories, mines and utilities rose for the third straight month in September, positive signs for the ailing manufacturing sector. The Federal Reserve said industrial production rose 0.7 percent last month. One of America's...
- News Source: Daily Breeze | about 1 month agoBanks and other financial institutions must accept the Obama administration's push for the proposed Consumer Financial Protection Agency that would oversee mortgages, credit cards and overdraft practices...Bank of America, JPMorgan Chase, Wells Fargo...
- News Source: Star Tribune | about 1 month agoA top White House official is calling on financial institutions to accept new rules in order to help the economic system avoid future "devastating consequences for workers, consumers and taxpayers." In prepared remarks at a conference sponsored by...
- News Source: The Hill | about 1 month agoSummers said the entire financial industry continues to benefit from trillions of dollars in bailout money, even as some of the biggest Wall Street firms report billion-dollar profits and continue to pay major bonus packages. “There is no...
- News Source: Fox News | about 1 month agoFriday, October 16, 2009 Summers Calls On Banks To Accept Broad Oversight MarketWatch Pulse WASHINGTON - White House senior economic advisor Lawrence Summers on Friday called on U.S. financial institutions to think about what they can do for their...
- News Source: Reuters | about 1 month agoAll financial firms have benefited from U.S. taxpayer support and must yield to efforts to tighten regulation to prevent a future crisis, White House economic adviser Lawrence Summers said on Friday. "The time has come for fundamental change in the...
- Blog Source: www.calculatedriskblog.comWhite House senior economic adviser Lawrence Summers challenged U.S. financial institutions Friday to think about what they can do for their country by stepping up and accepting the regulations imposed upon them in the wake of the ...
- Blog Source: snuffysmithsblog.blogspot.comWhite House senior economic adviser Lawrence Summers challenged U.S. financial institutions Friday to think about what they can do for their country by stepping up and accepting the regulations imposed upon them in the wake of the ...
- Blog Source: www.american.comThe Obama administration's proposed financial industry reform would institutionalize a two-tier system of banking. Big, well-connected, and complicated firms would receive the special protection of being designated too big to fail. ... His other
- Blog Source: www.interest.co.nz“Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama's effective “economy czar,” has been doling out billions
- Blog Source: blogs.reuters.comWe haven't gotten into concrete details in the Senate,” Senator Richard Shelby, the top Republican on the Senate Banking Committee, told CNBC television on Thursday. “It's a long way from being law.” ...
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Video Source: www.truveo.comEconomic Expectations - ...Video Source: www.truveo.comEconomic Expectations - Regulations "Not Biting"
Cell phones use report code: Related Tweets
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@jaketapper @nateallen80 so you think it's cool for the CEO of a company receiving taxpayer bailout funds to get, say, a $1 billion bonus?
about 1 month ago -
@helenwalters HelenWalters: Smart slideshow. 25 ways Obama wants to rebuild America: http://bit.ly/2LrqUy
about 1 month ago -
@kzaleski Going to bkfast to hear Goldman Sachs CEO speak. Good article in Wash Post on what GC's huge earnings mean http://bit.ly/2j0zY4
about 1 month ago
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