Gjeldskrisen i EU
The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse.
Business secretary expresses worry over big four's reluctance to support business lending and praises new-style banks When Jonathan Eddy wanted finance for his Basingstoke-based business, one of the traditional high street banks offered him a competitively priced loan - but then threw in fees that made it too expensive for him to proceed. Eddy, managing director of Asset Advantage, has a clear view why. "The traditional high street banks have forgotten how to lend," he told Vince Cable on Friday on a tour of the Reading office of Aldermore, a [...]
• Is quantitative easing about to be pulled? • FirstGroup comeback not impossible • Standard Chartered share sell-off • JP Morgan's governance problem Say what you mean, and mean what you say. Investors are invariably disappointed in their ceaseless demands of US Federal Reserve chairmen. This week's episode was a classic. First, Ben Bernanke suggested on Wednesday that the time was not right to withdraw "accommodative" monetary policy. Then he said the Fed committee could make a decision to reduce its $85bn-a-month quantitative easing programme at [...]
Hugh Muir and a panel of guests answer your G8-related questions in front of a live audience • HM: Hugh Muir JF: Jamie Forsyth RB: Ruth Bergan JD: Jamie Drummond LE: Larry Elliott HM Hello and welcome to this special edition of the Global development podcast. I'm Hugh Muir and we're coming to you from the Guardian in King's Cross, London. We have a live audience, we have an august panel and we have your questions with which to quiz that august panel. Now we're talking about the G8 summit on the 17th and 18th June. There have been 30 years of G8s [...]
NEW YORK (TheStreet) -- Famous consumer advocate and former presidential candidate Ralph Nader has renewed his efforts on behalf of common shareholders of bailed out mortgage giants Fannie Mae and Freddie Mac . In a Wall Street Journal op-ed, Nader argues that the government treated shareholders of the government sponsored enterprises or GSEs unfairly when they placed the agencies in conservatorship in 2008. Nader made a similar case in the newspaper in 2011. Shareholders, including Nader himself, had purchased Fannie Mae and Freddie Mac [...]