All Posts Tagged With: "Regulators"

In what looks like a last ditch effort to bring the dead ‘Volcker Rule’ back to life, the government keeps parading out the former Federal Reserve chairman in attempts to keep it as part of the conversation, the most recent time associating his proposals with Goldman Sachs (NYSE:GS) in a disingenuous move to gain approval [...]

As usual Barack Obama misread the mood of the public and his constant hammering of banking pay ended up backfiring, as people got fatigued from it all and the business community in general started to see Obama’s anti-business beliefs.
In a complete turnaround from attacking banking bonuses and executive pay, Obama said this in response to [...]

When the top lobbying arm of the banking industry hired one of the leading Supreme Court lawyers to go over the proposal by Obama to tax the largest banks in the country, they are obviously sending a message to the administration, the question is what is the message meant to convey and will it be [...]

The next production of government sponsored financial crisis theater is set to open this week in Washington DC, and has assembled an all star ensemble cast of Goldman Sachs (NYSE:GS), Bank of America (NYSE:BAC), JP Morgan Chase (NYSE:JPM), and Morgan Stanley (NYSE:MS).  The play stars the Federal Crisis Inquiry Commission in the lead role as [...]

Even though the U.S. government acknowledges the compensation given by small banks to their executives had nothing to do with the banking crisis, they continue to pursue a policy of interfering with small banks by writing up compensation guidelines, which by their own admission, small banks don’t need.
While small banks are exempt from the major [...]

America and the UK have now joined the likes of Austria, Chile and Portugal as countries with banking rankings which place them in group 3, as Standard & Poor’s Ratings Services dropped them to an even lower level than their fall from Group 1 to Group 2 about a year ago in the midst of [...]