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 t…
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…
As if we needed more proof of the outlaw actions of banks and their agents, The Baltimore Sun reports that 1,000 or more Maryland deeds are likely forgeries created by a foreclosure mill. If the accusation is true, the false de…
After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…
The Federal Reserve may soon start letting some banks boost their dividends again, according to a story in The Wall Street Journal that cites anonymous sources. The move would signal confidence in the new financial regulations …