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Top politicians attacked a senior official from Germany’s central bank on Sunday after comments about Jews, the latest in a string of controversial remarks that have provoked a storm in the country.
Thilo Sarrazin, a member of the six-man board at...
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Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history.
Faced with increasing...
made popular Aug 27 2010
A report in the August 2010 issue of Bloomberg Markets magazine sheds light on the role that U.S. banks have played in helping to finance the violent drug trade that...
made popular Jul 15 2010
Democrat legislators originally planned to impose a fee of $19billion on banks which were lobbying against their financial overhaul bill. These banks nearly brought the...
made popular Jul 1 2010
CONFESSION OF A BANKER
After spending more than 38 years with Banking Industry I have acquired enough perceptiveness for reminiscing about the idiosyncrasies of the...
made popular May 5 2010
A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home...
made popular Apr 15 2010
America’s biggest banks have had a windfall in bailout money. And in doing so have brought upon themselves the scorn of the taxpayers. Americans are incensed that...
made popular Jan 18 2010
Mugabe and his ZANU PF party have a rather simple maxim when it comes to the laws in Zimbabwe. “Do as we say, not as we do.”
“Zimbabwe Central Bank...
made popular Jan 4 2010
Venezuelans and investors are concerned about small banks’ solvency following this week’s seizure of four banks run by a billionaire close to the government...
made popular Dec 5 2009
Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Great Depression, by...
made popular Nov 7 2009
Despite well-spoken presidential speeches, the frenzied activities of 100s of cheer-leading liberal and leftist blogs, and the dreams and prayers for...
made popular Sep 21 2009
Wealthy Americans seeking to take advantage of Switzerland’s famous banking secrecy laws to avoid paying even more takes to the federal government are finding...
made popular Jul 22 2009
A bank in South Africa has fitted pepper sprays at 11 of its high-risk cash machines to deter thieves and fraudsters.
Attacks on ATMs are a growing problem in the...
made popular Jul 13 2009
Whatever happened to a penny saved is a penny earned? Ok, I’m Mexican, so we’re gonna’ have to talk pesos, but you get my drift; what the hell...
made popular Mar 31 2009
I keep getting letters asking about the economic situation. How it started, affects us and if, and when, it will sort itself out! People keep saying to me; What’s...
made popular Mar 4 2009
It is time we all unite to stop this rapid slide in our profession’s dignity caused because of an inherent lacuna in our auditing environment caused due to sheer...
made popular Jan 28 2009
Dear readers, amidst all the mayhem, I just couldn`t pick up my pen to write these words until the dust settled a little. The infamous Crisis is by now becoming...
made popular Dec 18 2008
Some of the world’s biggest banks have revealed they are victims of an alleged fraud which has lost $50bn (£33bn).Bernard Madoff, who was arrested on Thursday,...
made popular Dec 16 2008
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Today, when I read the papers there was an article on how most of the medals that India won in the individual category at the Olympics was mostly due to the individuals...
made popular Aug 13 2008
Higher inflation and increasing interest rates have forced middle class consumers to cut back their spending on shopping, amusement and eating out by nearly 55 per cent...
made popular Aug 3 2008
There is one question that arose a few times here and that became a real debate: in what extent the banks, in time to adopt rural credits, are responsible for the...
made popular Jun 25 2008
Finance ministers from the “Group of Seven” rich nations have urged banks to come clean over their subprime-related losses
made popular Feb 9 2008
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Palo Alto:
A Wells Fargo Bank in Palo Alto, Calif. is shown Monday, May 4, 2009. Regulators are asking Wells Fargo & Co. to raise more capital after government “stress tests” showed the bank would have trouble surviving if the recession worsens.
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