Heidi N. Moore
Jul 26, 2012 Sandy Weill, who engineered Citigroup and the creation of megabanks, says big banks should be split up. Will the debate now gain traction?
Jul 25, 2012 Today as Treasury Secretary Timothy Geithner was officially presenting a report from the Financial Stability Oversight Council on the state of the economy, he was grilled about British banks' manipulation of the LIBOR interest rate.
Jul 25, 2012 Secretary Geithner is expected to tell the committee that the U.S. economy is starting to regain its footing, but still faces threats from uncertainty about government spending and taxes, and instability in Europe.
Jul 25, 2012 In the ongoing LIBOR interest rate rigging scandal, European lawmakers have proposed making interest rate rigging a crime.
Jul 24, 2012 The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.
Jul 20, 2012 Two years after the Dodd-Frank Law was enacted, many in the banking sector are still grumbling about the change in regulation. How does that compare to when the rules change in another American pastime: Baseball?
Jul 19, 2012 According to the Financial Times newspaper, four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR.
Jul 19, 2012 As banks face scrutiny over questionable practices, Chris Farrell explains why breaking up some of our biggest banks would solve a lot of problems.
Jul 17, 2012 Senators are likely to question Federal Reserve chairman about what banking regulators knew about manipulation of key lending rate.