Talk Shit

UPDATE 1-US risk retention rules could hamper credit -study * FSOC reports emphasizes risk of restricting credit * Risk retention rule due in April (Recasts; adds comments from Treasury officials, byline) WASHINGTON, Jan 18 (Reuters) – New risk retention standardsintended … Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance U.S. mulls way to identify risky financial firms WASHINGTON (Reuters)—U.S. regulators will propose criteria on Tuesday for deciding which market players other than banks, such as insurers and hedge funds, could threaten the financial system and require greater scrutiny by the Federal Reserve Bank. Read more on Business Insurance Obama at the Edge Michael Tomasky Revival: The Struggle for Survival Inside the Obama White House by Richard Wolffe NBC NewsWire/AP Images David Plouffe, Barack Obama’s 2008 presidential campaign manager and recently appointed his senior adviser in the White House, on Meet the Press , September 5, 2010 The suc More...

Goldman opens books to scrutiny but no wider shake-up Goldman Sachs Group Inc pledged to be more open about how it makes money and to put the interests of clients ahead of its own in an effort to rebut criticism it acted more like a hedge fund than a bank during the credit boom and misled investors. Read more on Reuters via Yahoo! News Mellody’s Tips to Improve Financial Health in 2011 It’s a new year and you can start the year right by improving your financial health with five steps you can take right now. Mellody Hobson, president of Ariel Investments and ‘Good Morning America’ personal finance contributor, said you should pay down your debts and shop at the right time to maximize savings. She also offered other useful tips. Read more on ABC News More...

Goldman to disclose more to investors: source Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading and investing its own money, a person familiar with the matter said. Read more on Reuters via Yahoo! News Chamber backs repeal vote on healthcare reform Corporate America’s biggest lobbying group on Tuesday praised a more business-friendly tone from the White House, but backed Republican efforts to dismantle the Obama administration’s healthcare overhaul. Read more on Reuters via Yahoo! News U.S. Chamber of Commerce head Thomas Donohue upbeat on outlook for business Thomas Donohue, president of the U.S. Chamber of Commerce, expresses optimism over the direction of the economy and President Obama’s recent approach toward business. The head of the U.S. Chamber of Commerce, although a major critic of the Obama administration, was nevertheless optimistic about the direction of the econ More...

Question by All Religion is Pagan: Sen. Mitch McConnell What was said when he went to as Wall Street Bankers for More Campaign $ ? Just before the Republican Senator McConnell went to a meeting with Wall Street Bankers to ask for More Donations , he Stood on the the floor of the Senate calling for Strong regulations to protect tax payers from having to bail out Wall Street ever again, Yet Twice he voted ( NO!) to even discussing ‘Wall Street reform” . All the Republicans Voted NO Twice to Even Discussing Reform Wall Street /Bank reform,Until they seen that America was being reminded Why they lost the Majority and The White House in `08, Is this just another case of republicans saying they are working for the people but,… AS Usual, Voting to protect their Financial Sugar Daddy? Best answer: Answer by spirit_of_tom_joadIn a nutshell, Mitch begged them for more financial support and promised in return to allow them to keep swindling America. Give your answer to this que More...

Goldman to disclose more info Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading and investing its own money, a person familiar with the matter said. The change comes after years of complaints from investors, analysts and others that the bank does… Read more on New York Post Economic Outlook: Glass Reaches Half-full The Organization for Economic Cooperation raised its expectations Monday for economic growth this year. Read more on OfficialWire Divine intervention SHARES OF San Miguel Properties Inc. have skyrocketed this New Year in what some can only describe as divine intervention. The company, which has a very scant public float, has seen its share price surge 14 times to P843.50 from P57.75 a share seen at year’s end. Read more on Philippine Daily Inquirer More...

by americans4financialreform Question by Ted Bell: It won’t be easy for Putin to make it back in as Leader of Russia,you think he has a chance? “Reforms”, privatisation”, globalisation”, these catchwords are nowadays widely used and abused by an age-old, inhumane agenda. But the people are not aware of the devastating effects behind these words. Malaysia’s Prime Minister recently said in public what before him only the National Socialists dared to speak out: “Jews invented socialism, communism, human rights and democracy to gain control of the most powerful countries.” [AP, Oct. 16, 2003] The Jewish power centres also invented globalism in support of their agenda to control the world. This biblical plan remains unchanged. Only the agenda’s labels and slogans vary. They are adjusted to the sensitivity of the relevant era and to the appropriate mood of the varying nations at the time of implementation. When the Soviet Union collapsed More...

Question by Ted Bell: It won’t be easy for Putin to make it back in as Leader of Russia,you think he has a chance? “Reforms”, privatisation”, globalisation”, these catchwords are nowadays widely used and abused by an age-old, inhumane agenda. But the people are not aware of the devastating effects behind these words. Malaysia’s Prime Minister recently said in public what before him only the National Socialists dared to speak out: “Jews invented socialism, communism, human rights and democracy to gain control of the most powerful countries.” [AP, Oct. 16, 2003] The Jewish power centres also invented globalism in support of their agenda to control the world. This biblical plan remains unchanged. Only the agenda’s labels and slogans vary. They are adjusted to the sensitivity of the relevant era and to the appropriate mood of the varying nations at the time of implementation. When the Soviet Union collapsed in 1989 according to plan, th More...

UPDATE 1-U.S. considers “red flag” approach to Volcker rule * Volcker rule bans proprietary trading by banks * Regulators to release report on rule later this month (Adds background, Better Markets comment, Seacliff Capitalcomment) WASHINGTON, Jan 7 (Reuters) – … Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance 10 Bank Stocks With Serious Short Pressure NEW YORK (TheStreet) — The shorts have targeted a handful of financial stocks, including TCF Financial and Zions Bancorp , ahead of earnings season, according to a report by Deutsche Bank. TCF has the greatest amount of its shares being shorted by bearish investors. Shorts hold 23 million TCF shares, according to Deutsche, representing nearly 18% of the company’s float – or the stock available … Read more on TheStreet.com Proxy Season Damage Control Has Begun Companies scramble to reexamine compensation policies before shareholders strike back. Read more on The Motley Foo More...

Question by Barry Marx: How do you feel about Barney Franks, the King of Fannie Mae and Freddie Mac disaster, appointing himself? WASHINGTON, May 25 (Reuters) – U.S. Representative Barney Frank is recommending the appointment of eight Democratic House members, including himself, to a House-Senate conference committee on landmark Wall Street reform legislation, according to a memorandum obtained by Reuters on Tuesday. The other seven Democratic congressmen Frank wants to appoint to the panel are subcommittee chairs Paul Kanjorski, Luis Gutierrez, Maxine Waters, Melvin Watt, Gregory Meeks and Dennis Moore, as well as Carolyn Maloney, said the May 25 memo addressed to Democratic members of the House Financial Services Committee of which Frank is chairman. http://www.reuters.com/article/idUSN2515322620100525 Wow this is a classic the idiot Bwaney Fwanks who claimed there is no problems with the Fannie Mae Freddie Mac Scam of the Century to appoint himself and an 8 to 5 Democrat major More...

W.Va auditors office set to oversee more advisers State Auditor Glen Gainer, in his role as state securities commissioner, is preparing to take over the regulation of 20 additional investment advisers from federal agencies this summer.The switch in regulation is designed to intensify oversight of the firm… Read more on Charleston Daily Mail How Wall St. execs bankrolled GOP victory A small network of hedge fund executives pumped at least $ 10 million into Republican-allied groups before November’s elections, according to a review of campaign records and interviews by the Center for Public Integrity and NBC News. Read more on MSNBC Dodd-Frank Pumps Up CME Group The new regulation is a part of the Dodd-Frank financial reform act, under which the Commodity Futures Trading Commission (CFTC) proposed rules for how OTC derivatives clearing houses should be regulated. While these rules pertain to the U.S. securities laws, we believe regulation in the EU should mirror that of the U.S. More...