Buffett backs Goldman Sachs
Warren Buffett offered his strongest defense yet of Goldman Sachs, saying he doesn’t believe the investment bank acted improperly
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Category archives for:
Wall Street
SEC accuses Goldman Sachs of defrauding investors
The government on Friday accused Wall Street’s most powerful firm of fraud
SEC charges Goldman Sachs
SEC charges Goldman Sachs with fraud By Colin Barr, senior writer (Fortune) — The Securities and Exchange Commission on Friday charged Wall Street’s most gilded firm, Goldman Sachs, with defrauding investors in a sale of securities tied to subprime mortgages. The SEC said it charged New York-based Goldman (GS, Fortune 500) and a vice president, [...]
2 bank failures make 2010 total 30
(CNN) — The closures of Statewide Bank in Louisiana and Florida’s Old Southern Bank brought the number of bank failures this year to 30, according to the Federal Deposit Insurance Corp.
So you want to be the richest man in the world? Here’s a tip.
Carlos Slim Helu is now the richest man in the world, says the new Forbes billionaire list. He shares certain traits with his fellow top billionaires.
March 12, 2010 - 12:18 pm | Posted in Breaking,Financial & Money,Opinion,Promising Companies,US,Wall Street | Read More »
World’s most powerful billionaires – Forbes
In January, billionaire Sebastian Piñera won Chile’s presidential election, defeating incumbent Eduardo Frei in a runoff vote. When he takes office in March, the mogul will serve as the South American nation’s first right-leaning leader since the bloody Pinochet regime lost power in 1990.
Mexico tycoon tops list of world’s richest
Carlos Slim Helu, the telecom tycoon who pounced on privatization of Mexico’s national telephone company in the 1990s, is world’s richest person for first time after coming in third place last year.
Fed Proposes Limit On Credit Card Fees
Fed Proposes Limit On Credit Card Penalty Fees EILEEN AJ CONNELLY | NEW YORK — The Federal Reserve on Wednesday proposed strict limits on penalty fees and other charges that credit card companies can slap on customers for missteps such as late payments or going over credit limits. The proposal outlines rules that would take [...]
Five Reasons To Switch To A Credit Union Credit Card
Since the second part of a federal bill known as the CARD Act went into effect on Monday, credit cards have become a lot friendlier to consumers.
February 25, 2010 - 9:34 pm | Posted in Business,BUZZ,Financial & Money,US,Wall Street | Read More »
Did Toyota Pull Strings to Stifle Probes?
(CBS) Critics in Congress say Toyota pulled strings at NHTSA — with help from two former insiders, reports CBS News correspondent Sharyl Attkisson.
February 25, 2010 - 9:21 pm | Posted in Autos,Breaking,BUZZ,Latest Posts,US,Wall Street | Read More »
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