News America Now » Banking

Swiss Bank UBS To Disclose 4,000+ Tax Cheats

News America Now — Wed, 19 Aug 2009 15:20:33 +0000

Switzerland picture

“The Swiss banking giant UBS on Wednesday reached a final deal with the Justice Department and the Internal Revenue Service in which it will ultimately disclose names and account details for more than 4,450 wealthy Americans suspected of tax evasion.” Link

Stress Tests: No Insolvent Banks

News America Now — Thu, 07 May 2009 00:21:14 +0000

Stress Tests: No Insolvent Banks

Dow Up Almost 500 After Obama Plan Revealed

News America Now — Mon, 23 Mar 2009 19:49:16 +0000

Dow Up Almost 500 After Obama Plan Revealed

TARP Recepient JP Morgan To Buy Luxury Jets

News America Now — Mon, 23 Mar 2009 16:16:08 +0000

TARP Recepient JP Morgan To Buy Luxury Jets

Dow Jumps On Obama Bank Plan

News America Now — Mon, 23 Mar 2009 15:28:46 +0000

Dow Jumps On Obama Bank Plan

Geithner Plan On Banks Blasted By Top Economist

News America Now — Sat, 21 Mar 2009 17:55:52 +0000

Geithner Plan On Banks Blasted By Top Economist

HSBC: We Don't Need UK Bailout

News America Now — Mon, 16 Mar 2009 02:38:45 +0000

HSBC: We Don’t Need UK Bailout

America To Obama: Nationalize The Banks

News America Now — Sun, 08 Mar 2009 05:57:20 +0000

America To Obama: Nationalize The Banks
“It appears that the Obama administration has thus far resisted nationalizing the banks because it views that option as not politically viable. Obama has argued “America’s different” than other countries which have embraced nationalization.”

Mafia Boom In Italy As Economy Weakens

News America Now — Sun, 01 Mar 2009 17:01:40 +0000

“Italian banks, which for years had been widely criticized for lending sparingly to small and medium-size businesses, now have ‘absolutely closed the purse strings,’ said Gian Maria Fara, the president of Eurispes, a private research institute. That is great news for loan sharks. Confesercenti, the national shopkeepers association, estimates that 180,000 businesses recently have turned to them in desperation. ” [Link]

2 More Banks Go Bust

News America Now — Sat, 28 Feb 2009 02:38:09 +0000

2 More Banks Go Bust
“The Federal Deposit Insurance Corp. said that Security Savings Bank of Henderson, Nevada, had $238.3 million in assets and $175.2 million in deposits as of December 31, 2008. Heritage Community Bank of Glenwood, Illinois, had assets totaling $232.9 and deposits totaling $218.6 million as of December 5, 2008.”