Your Search Returned 9 tagged news reports
Canada's major banks continue to show they largely avoided the financial meltdown experienced by banks south of the border and overseas. Canada's big five banks reported quarterly results this week and together they earned a combined total of $4.4 billion...
Tags: Canada, billions canadian, combined total, financial meltdown, topping expectations, banks continue, big banks
The US House of Representatives on Monday passed legislation to battle financial fraud and create an independent commission to investigate the causes of the global financial meltdown. Lawmakers voted 338 to 52 for the bill, which now goes to US President...
Tags: Barack Obama, mortgage fraud, The House of Representatives, US House of Representatives, Congress, financial fraud, financial meltdown, president barack, independent commission, White House
US Treasury Secretary Timothy Geithner said Friday that there was a risk that US economic recovery could take a long time, but vowed to take all necessary steps to speed it up. "Well, that's the risk," Geithner said in a PBS television interview when...
Tags: Federal Reserve, The White House, Geithner, Barack Obama, stress test, financial meltdown, financial regulations, overhaul financial, systemic risk, president barack
http://www.msnbc.msn.com/id/29724816 This is a good article on what happened with AIG and some stuff on our financial meltdown. In 1993 the Democrats were in charge of the House and Bill Clinton was President. In 2000 about a month before President...
Tags: financial meltdown, Congress, Bill Clinton, AIG
At a time when the United States Senate is scheduled to pass Obama's stimulus plan and in an effort to build support for his signature economic stimulus plan, Mr. Obama is setting off for Indiana on Monday, holding his first prime-time news conference...
Tags: America, Financial meltdown, Stimulus, market collapse
The system for assigning credit ratings to complex mortgage derivatives, which handed out gold-plated ratings to investments that have turned out to be worthless, was damned as "nuts" and as having created "a monster" – and that was just by senior employees...
Tags: rated agency, credit rated, house oversight, government reform, financial meltdown, investors rely, reform committee, warning signs, objective assessments
The US government has plans to buy stakes in nine large banks as part of a $700 billion bailout plan to rescue the country from a financial crisis gripping Wall Street. Europe has also been hit by the crisis with various EU countries announcing their...
Tags: Mottaki Iran, Kazakhstan, Manouchehr Mottaki, ambitious policies, foreign minister, financial meltdown, use economies, financial crisis, minister manouchehr, cooperation dialogue
As retailers reported their sales figures Wednesday, even discounters weren’t immune to shoppers’ mounting worries about their financial security. Wal-Mart Stores Inc., the world’s largest retailer, and wholesale club operator Costco Wholesale Corp. both...
Tags: wal-mart, apple, retailers sales, Wal-Mart Stores Inc., hot, financial meltdown, dismal sales, Thomson Reuters, financial crisis, store sales
People across the country are reporting problems drawing money out from their banks as fears abound on main street that consumer banks are going to be the next wave of casualties in the Wall Street meltdown. The website dailypaul.com, run by Ron Paul...
Tags: Financial Meltdown, Washington Mutual, US Bank, Bank of America