(Photo Credit: Michael Appleton for The New York Times)
By William Alden
Regulators on Wednesday imposed new restrictions on a vast market that played a significant role in the 2008 financial crisis.
The Securities and Exchange Commission voted 3 to 2 to adopt a set of new rules for money market funds, a $2.6 trillion industry where ordinary individuals and sophisticated institutions alike park their money. The rules come after years of debate among regulators and lobbying from Wall Street.
$29,000,000,000,000: A Detailed Look at the Fed’s Bailout by Funding Facility and Recipient
Levy Institute | December 2011
$29,000,000,000,000: A Detailed Look at the Fed’s Bailout of the Finan…
By James Sterngold
ShoreBank Corp., the unprofitable Chicago lender operating under a Federal Deposit Insurance Corp. cease-and-desist order for 13 months, will be shut by the agency and most of it…
After dominating space for a half century, the U.S. is mired in a political fight that threatens its leadership role and ambitions for manned exploration.
President Barack Obama travels Thursday to…
The Minneapolis Firefighters and the Southern Louisiana Sheriffs have taken on CitiGroup and the Citi board and underwriters. It’s one thing to put up with the New World Order bankrupting your local c…
We had a great discussion this am at the Money, Magic & Consciousness panel moderated by Kimberly Carter Gamble at the Consciousness Life Expo this morning in Los Angeles.
There were many partici…
Ireland’s Bank Rescue Bill a $49bn Nightmare
smh.com.au (2 Oct 10)
Update:EU’s Rehn: Ireland Can’t Continue As Low-Tax Country
The Wall Street Journal (1 Oct 10)
Mexican Central Bank Takes FX Warfa…