• Correction: Financial Overhaul-Banks story (AP)

      Comments
    AP - In a Jan. 22 story about new bank rules proposed by the Obama administration, The Associated Press erroneously reported that Bank of America had stopped issuing complex financial products known as derivatives. The bank has discontinued or curtailed some derivatives, not all of them.

     
    Read more of . . .

    Correction: Financial Overhaul-Banks story (AP) from: Yahoo! News: Politics - Barack Obama. Click here.

     

    See also . . .

    Obama Divides Davos With Proposal to Curb Size of Banks (Bloomberg). . .
    "Bloomberg - Jan. 28 (Bloomberg) -- U.S. President Barack Obama’s plan to impose new rules on bank size and risk dominated talk among bankers on..."
    Obama on banks: a bit pragmatic amid the populism (AP). . .
    "AP - President Barack Obama is pressing an overhaul of Wall Street regulations with a push-and-pull strategy — reasserting his desire for a..."
    Indian Bank’s rural banks brought under core banking. . .
    "Chennai, Jan 30 (IANS) Complying with the central government’s stipulation of bringing all the regional rural banks (RRBs) under the core..."
    Video: Obama calls for tough restrictions on big banks. . .
    "Jan. 21: President Obama proposes new rules that would limit the size and complexity of top financial..."

     
    Visited 27 times, 1 so far today

     

    blog comments powered by Disqus