Comptroller Liu Opens City Checkbook
- Angelike Contis
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- August 10, 2010
NEW YORK – The July 1 launch of Checkbook NYC, a new online initiative that offers detailed information on all of the city’s finances, is one of the things that Comptroller John C. Liu is proudest of...
Congress acts, but bank bill has work ahead
- Jim Kuhnhenn - The Associated Press
- •
- July 16, 2010
WASHINGTON (AP) — In the end, it's only a beginning.
The far-reaching new banking and consumer protection bill awaiting President Barack Obama's signature now shifts from the politicians to the tec...
How much will Europe debt crisis affect Americans?
- Jeannine Aversa and Stevenson Jabobs - The Associated Press
- •
- June 09, 2010
WASHINGTON (AP) — Anxiety about Europe's debt crisis last month caused U.S. stocks to suffer their worst month in more than a year. Yet many experts say fears that Europe will deal a sharp setback to ...
If N.J. goes the way of Greece, where's the safety net?
- Joseph N. DiStefano - Philadelphia Inquirer
- •
- May 26, 2010
After Gov. Christie told the conservative Manhattan Institute Tuesday that cash-poor New Jersey is moving toward "becoming Greece," the analogy grew legs and ran away.
Comparisons may be odious, as...
Fed governor says U.S. could feel Europe's pain
- Sewell Chan - NY Times
- •
- May 21, 2010
WASHINGTON — A top Federal Reserve official warned Thursday that Europe’s debt problems could amount to a “significant external shock” to the United States economy, harming American banks and exporter...
Geithner shrugs off Greek-type crisis in U.S.
- The Associated Press
- •
- May 20, 2010
(AP) — WASHINGTON, May 19 (Kyodo)-Treasury Secretary Timothy Geithner expressed confidence Wednesday that a debt crisis like the one happening in Greece will not transpire in the United States.
"It...
Greece and New Jersey: Perfect Together?
- Dunstant Prial - Fox Business
- •
- May 13, 2010
Greece and New Jersey have plenty in common: miles of picturesque coastline, scores of sunny resort towns trimmed by wide expanses of sandy beaches, and thriving tourism industries that play a huge ro...
U.S. plays 2 roles in European bailout plan
- Kathleen Pender - San Francisco Chronicle
- •
- May 11, 2010
The United States is playing two roles in the European shock-and-awe campaign unleashed on the global financial markets over the weekend.
The Federal Reserve is reactivating a program that lets for...
Fears intensify about Greek crisis' impact on US
- Christopher S. Rugaber - The Associated Press
- •
- May 07, 2010
WASHINGTON — The U.S. economic recovery is on shakier ground.
The growing European debt crisis has sent stock markets on a wild ride. A weaker European economy could sap demand for U.S. exports and...
SEC accuses Goldman Sachs of defrauding investors
- Marcy Gordon
- •
- April 16, 2010
WASHINGTON (AP) - The government on Friday accused Wall Street's most powerful firm of fraud, saying Goldman Sachs&Co. sold mortgage investments without telling the buyers that the securities were cra...
Ben Bernanke Speaks on Greek Crisis at Hearing
- TNH staff
- •
- April 15, 2010
WASHINGTON (MarketWatch) -- The Federal Reserve has ended its probe of Goldman Sachs contracts with the Greek government that distort the country's debt levels, without taking any action, Federal Rese...
Greek crisis may hit US economy: Fed regional chief
- P. Parameswaran - AFP
- •
- March 23, 2010
WASHINGTON — The Greek debt crisis may directly affect the US economy by hitting American exports and the financial system, Atlanta Federal Reserve regional chief Dennis Lockhart warned Monday.
He ...
Greek debt crisis may touch Utah's economy
- Steven Oberbeck- Salt Lake Tribune
- •
- March 19, 2010
All the talk of austerity packages, looming financial bailouts, strikes and even riots in the streets has created a lot of uncertainty for Utahns who already do business in Greece or want to export th...
Tarnished Thain returns to lead CIT
- Peter Cohan - Daily Finance
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- February 09, 2010
CIT Group, a lender to small and medium-sized businesses, is giving John Thain a chance at career redemption. CIT took on scads of subprime mortgage debt during the 2000s, then filed for bankruptcy du...
FCIC Hearings: Greek Americans in the Spotlight
- Angelike Contis
- •
- January 20, 2010
In July, the House and Senate appointed the ten members of the Financial Crisis Inquiry Commission (FCIC), whose mission is to examine the causes of the economic crisis that hit the United States in 2...
FCIC Hearings: Greek Americans in the spotlight
- Angelike Contis
- •
- January 20, 2010
In July, the House and Senate appointed the ten members of the Financial Crisis Inquiry Commission (FCIC), whose mission is to examine the causes of the economic crisis that hit the United States in 2...
Bernanke keeps pushing down the weak dollar
The G-20 nations, led by the United States, are claiming that, because Germany has an export surplus, it is not doing enough for global recovery. What’s behind this bogus charge, of course, is that Pr...
Crude oil is getting cheaper — so why isn't gas?
- The Associated Press
- •
- February 16, 2009
NEW YORK – Crude oil prices have fallen to new lows for this year. So you'd think gas prices would sink right along with them.
Not so.
On Thursday, for example, crude oil closed just under $34 a...
UBS, Blackstone Advisers Fed Insider Ring, U.S. Says
- David Scheer and David Glovin
- •
- February 06, 2009
Feb. 5 (Bloomberg) -- UBS AG and Blackstone Group LP takeover advisers fed information to an insider-trading ring including a former Jefferies Group Inc. money manager in a scheme that yielded more th...
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