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banks —

Archive for: banks

Bank watchdog dampens hopes of big rowback on liquidity rule

. . .   .. You can pause intro music down below. Bank watchdog dampens hopes of big rowback on liquidity rule . Piggybankblog posted 09/13/12 Piggybankblog posted picture Cross linked with reuters.com A rule forcing banks to hold cash buffers to survive financial shocks must “raise the bar”, a top regulator said on Thursday, […]

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Mortgage registry cleaned up act, chief says

. . .   .. You can pause intro music down below. Mortgage registry cleaned up act, chief says . Piggybankblog posted on 09/12/12 Piggybankblog posted picture Cross linked story with ocregister.com SANTA ANA — Until the foreclosure crisis, most people had never heard of the Mortgage Electronic Registry Systems, or MERS. Then MERS surfaced […]

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Lawmakers Push to Increase White House Oversight of Financial Regulators. One of the Worst Ideas from Congress in Decades

. . .   .. You can pause intro music down below. Lawmakers Push to Increase White House Oversight of Financial Regulators . Piggybankblog posted on 09/12/12 Cross linked with nytimes.com Financial regulators may face a new obstacle in their efforts to police Wall Street. Lawmakers are pushing a bill that could curb the influence […]

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JPMorgan Chase CEO Jamie Dimon: 'There Are Huge Benefits To Size'

. . .   .. You can pause intro music down below. JPMorgan Chase CEO Jamie Dimon: ‘There Are Huge Benefits To Size’ . Piggybankblog posted on 09/11/12 Cross linked story with huffingtonpost.com Jamie Dimon likes banks just the size they are, thank you very much. During Barclays’ Global Financial Services Conference on Tuesday, the […]

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Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says

. . .   .. You can pause intro music down below. Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says . Piggybankblog posted on 09/09/12 Cross linked with huffingtonpost.com A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the […]

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Levin Goes After JPMorgan Chase with Subcommittee Investigation

. . .   .. You can pause intro music down below. Levin Goes After JPMorgan Chase with Subcommittee Investigation . Piggybankblog posted on 09/07/12 Cross linked with firedloglake.com Carl Levin is at it again. His Senate Subcommittee on Permanent Investigations, perhaps the best investigatory panel in Congress, particularly on financial matters, has honed in […]

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Wall Street Gets Its Way in Washington

. . . . You can pause intro music below Wall Street Gets Its Way in Washington . Piggybankblog posted on 08/24/12 Cross linked with bloomberg.com Every once in a while the financial industry lives up to its critics’ worst expectations: that it operates against the interest of the investing public, in cahoots with captive […]

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OUT OF THE MOUTH OF JPMORGAN CHASE: SCHEDULE OF LOANS PURCHASED FROM WAMU DOES NOT EXIST; NO ASSIGNMENTS OF MORTGAGE, NO ALLONGES OR ANY EVIDENCE OF TRANSFERRING OWNERSHIP OF LOANS FROM WAMU TO CHASE!

. . . . You can pause intro music below OUT OF THE MOUTH OF JPMORGAN CHASE: SCHEDULE OF LOANS PURCHASED FROM WAMU DOES NOT EXIST! . Piggybankblog posted on 08/23/12 Cross linked with dailypaul.com Confirming, under oath and in print what we already suspected: there is no schedule of mortgage loans evidencing what JPM […]

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60 Minutes Piece On Kroft: Why have no banking executives been prosecuted?

. . . . You can pause intro music down below Kroft: Why have no banking executives been prosecuted? . Piggybankblog posted on 08/20/12 Cross linked with cbsnews.com In the summer of 2007, Steve Kroft and his producer Frank Devine began reporting on something called “subprime lending.” Little did they know, they’d be following that […]

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The unrepentant and unreformed bankers

. . . . You can pause intro music down below The unrepentant and unreformed bankers . Piggybankblog posted 08/18/12 Cross linked with San Francisco Chronicle Money laundering. Price fixing. Bid rigging. Securities fraud. Talking about the mob? No, unfortunately. Wall Street. These days, the business sections of newspapers read like rap sheets. GE Capital, […]

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