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…
State attorneys general and federal regulators are rushing to settle the robo-signing foreclosure mess created by the banks and get the real estate market back on its feet. But their proposals don’t fully address the one of the…
Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain…
Hilton’s ego may have taken a bruising blow from its settlement with Starwood, but its finances likely won’t, analysts say. As part of the deal, Hilton has agreed to take itself out of the boutique-hotel-style market to settle …
On Monday, the Supreme Court agreed to decide whether all the female employees who claim Walmart discriminated against them can sue the world’s largest retailer as a class, and if they can, whether they can sue for back pay or …