In the S&L crisis, regulators manipulated capital to prop up ailing thrifts. Today, regulators embrace risk-based requirements assuming they can correctly predict the future...
Receiving Wide Coverage ... Consultant Crackdown: Deloitte Financial Advisory Services has struck an agreement with New York's Department of Financial Services that will see the... Read More
The fees Fannie and Freddie charge to cover credit risk on mortgages have been surging. Large segments of the market may soon be fair game for securitization without federal backing.
B of A Chief Moynihan Says Fiscal Cliff Already Hurts Economy
Bloomberg News
NOV 13, 2012 3:02pm ET
Bank of America Corp.'s commercial customers are already reacting to the "fiscal cliff" that looms over the budget by putting off purchases, Chief Executive Officer Brian T. Moynihan said.
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