| | | Cuomo Tells Big Banks - He is Watching | | | Thu, 30 Oct 2008 11:32:53 EST
Andrew Cuomo is going after the big banks that originally signed on - although not all were initially willing - to the Treasury Departments plan to infuse funds into financial institutions in return for preferred stock and common stock warrants.? The subject?? Executive compensation. On Wednesday Cuomo sent a letter to nine banks including Bank of America, Bank of New York Mellon, Citigroup, State Street Bank, and Wells Fargo requesting ...
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| Bloomberg 10/30/2008 1:04:43 PM FDIC May Partner with Treasury to Take On $500 Billion of Mortgage Guarantees; Foreclosures Rose 71% in 3Q; Lawmakers Want Aid for Homeowners; Mortgage Aid May Cost Government $50 Billion |
| CNBC Videos 10/30/2008 10:34:31 AM Insight on how long the contraction will last and the future of the new global economy, with Richard Urwin, BlackRock head, asset allocation/economics; CNBC's Steve Liesman & Ross Westgate |
| CNBC Videos 10/30/2008 6:22:29 AM Some people are making money despite the difficult investment climate, like currency traders and commodity trading advisors, according to Aoifinn Devitt from Clontarf Capital. Devitt sees half of the hedge fund industry disappearing or consolidating over time. |
| CNBC Videos 10/30/2008 7:45:39 AM The FDIC has been the subject of both praise in criticism for its role in responding to the financial crisis, with Donald Powell, former FDIC chairman |
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