Tag: banks
What’s Really Wrong With Letting Big Banks Pay Bigger Dividends
by Abigail Field on Mar.23, 2011, under Towing
The Federal Reserve is finally admitting that not all the big banks are healthy: Bank of America won’t get to pay increased dividends. But none of those financial giants should be allowed to, and a logical look at the reasons they say they want to dole out the cash makes it totally clear why.
Continue reading What’s Really Wrong With Letting Big Banks Pay Bigger Dividends
What’s Really Wrong With Letting Big Banks Pay Bigger Dividends originally appeared on DailyFinance on Wed, 23 Mar 2011 14:30:00.
Filed Under: Company News, Columns, Economy, Investing, JP Morgan Chase, Bank of America, Credit
Why Is the Fed Letting Banks Boost Dividends?
by Abigail Field on Mar.21, 2011, under Towing
The Fed’s decision to allow big banks to pay sharply higher dividends makes no sense, and not just because the results of the so-called “stress tests” are secret. Based on facts that are public knowledge, the banks are actually insolvent, and in danger of sinking much further.
Continue reading Why Is the Fed Letting Banks Boost Dividends?
Why Is the Fed Letting Banks Boost Dividends? originally appeared on DailyFinance on Mon, 21 Mar 2011 11:30:00.
Filed Under: Columns, Economy, Investing, Real Estate
At $8.89 Billion, Bank Bailouts Cost Much Less Than the FDIC Expected
by Peter Cohan on Mar.17, 2011, under Towing
Given the level of public outrage over the government’s rescue of banks during the financial crisis, the final cost to the taxpayer of keeping those failed institutions afloat turns out to have been relatively modest: The FDIC has paid out a mere $8.89 billion to 165 banks since the crisis began.
Continue reading At $8.89 Billion, Bank Bailouts Cost Much Less Than the FDIC Expected
At $8.89 Billion, Bank Bailouts Cost Much Less Than the FDIC Expected originally appeared on DailyFinance on Thu, 17 Mar 2011 11:00:00.
What the Mortgage Mess Settlement Proposal Really Means
by Abigail Field on Mar.09, 2011, under Towing
The mortgage mess settlement proposal is a repudiation of the servicing industries’ standard business practices. The agreement also reads as an indictment — not just of the servicing industry, but also of law enforcement, regulators and Congress.
Continue reading What the Mortgage Mess Settlement Proposal Really Means
What the Mortgage Mess Settlement Proposal Really Means originally appeared on DailyFinance on Wed, 09 Mar 2011 00:20:00.
Filed Under: Columns, Economy, Real Estate, Credit
The Mortgage Mess Settlement Proposal: Off to an Awful Start
by Abigail Field on Mar.07, 2011, under Towing
A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks’ flawed mortgage servicing, modification and foreclosure practices. In reality, it just lets the banks off the hook.
Continue reading The Mortgage Mess Settlement Proposal: Off to an Awful Start
The Mortgage Mess Settlement Proposal: Off to an Awful Start originally appeared on DailyFinance on Mon, 07 Mar 2011 16:00:00.
Filed Under: Columns, Economy, Real Estate, Credit
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