Wells Fargo
Let The Hearings Begin
Balloon Juice - 16th Dec 2010Richard Cordray is a great pick for this job: Outgoing Ohio Attorney General Richard Cordray will lead enforcement efforts for the new Consumer Financial Protection Bureau. The federal agency was recently created by Congress to protect consumers…
Read more >>William K. Black: The Effort to Claim That Economists Support Obama's Capitulation on Tax Cuts for the Wealthy
The Huffington Post - 10th Dec 2010
You know the administration is desperate when it creates a web page citing Economists who support its capitulation on taxes. The web page cites the support of five economists. Peter Cardillo, the Bank of America, Greg Mankiw, and Wells Fargo (ar…
Read more >>Lawmakers hit banks, regulators on foreclosures
Reuters - 18th Nov 2010By Dave Clarke and Corbett B. Daly WASHINGTON | Thu Nov 18, 2010 12:02pm EST WASHINGTON (Reuters) - Lawmakers pressed major banks and Federal Regulators on Thursday to explain how they allowed faulty paperwork problems to fester into a Controve…
Read more >>U.S. Judge Slaps Wells Fargo For Using "Neat Tricks" To Clear Checks in Profit-Maximizing Order To Earn "Colossal Sums"
Home - 12th Aug 2010Many years ago, banks made money, as the commercial went, "the old-fashioned way, they earned it." Under the permissive reign of the obscure but powerful Office of the Comptroller of the Currency (OCC), under both Republican and Democratic adminis…
Read more >>Economic Consequences of Bush Tax Cuts Expiration
DC Report - 6th Aug 2010Wells Fargo Chief Portfolio Strategist Brian Jacobsen argues an increase in taxes would reduce the incentive for individuals to start small businesses. All Videos: …
Read more >>U.S. to Buy Stakes in Nation's Largest Banks
The Wall Street Journal - 12th Jul 2010By DEBORAH SOLOMON , DAMIAN PALETTA , JON HILSENRATH and AARON LUCCHETTI WASHINGTON -- The U.S. Government is expected to take stakes in nine of the nation's top Financial Institutions as part of a new plan to restore confidence to the batt…
Read more >>Opening Bell: 07.12.10
Dealbreaker - 12th Jul 2010Bank Profits Depend on Debt-Writedown `Abomination’ (Bloomberg) In the first quarter, the four biggest U.S. lenders — Bank of America, JPMorgan Chase & Co., Citigroup and Wells Fargo & Co. — produced combined profit of …
Read more >>Jobless claims keep fluctuating as recovery slows
Breitbart - 8th Jul 2010Washington (AP) - Applications for Unemployment aid have been fluctuating from week to week, offering an uncertain view of layoffs and the Job Market. First-time requests for Jobless aid dropped last week to their Lowest Level since early May, t…
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