As banks start to report their earnings for the year, some analysts may warn that the numbers a bit inflated because the banks are counting the reserves they set aside before the meltdown. But counting those reserves now isn't really being untruthful, report Bob Moon.
Next week a new government panel is supposed to come up with a list of "systemically important financial institutions" -- those companies that are supposed to be vital to the financial system. But Treasury Secretary Timothy Geithner says you'll only know it when you see it.
In an effort to try and curb hefty bonuses, and perhaps risky behavior, in the financial sector, a group of labor unionists, journalists and academics from the U.K. have launched a high pay commission. Stephen Beard reports on their efforts.
Now that there are new rules for credit cards and overdraft fees, banks are trying to find money in other places. And as Stacey Vanek Smith reports, this means going after lower income customers, which in turn could move these customers out of the banking system altogether.
Thanks to new rules restricting banks from charging exorbitant fees on credit cards, it seems that they're making it up in other ways. Bank of America announced a new fee system based on how much money customers keep in the bank, and how much they're not costing the bank. Stacey Vanek-Smith explains.