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We wonder if it's the same individual who talked to CNBC and ABC News, but it's hard to tell since ABC identified their source as "a government official," while CNBC's is merely "someone familiar with the matter." But the information is essentially the same: the federal government is expecting and preparing for a downgrade by Standard & Poor's Corp.
August 5 -
A coalition of bipartisan lawmakers, aided by industry and housing groups, faces an uphill battle to extend the increase against unlikely allies: House Republican leadership and the White House.
August 5 -
Banks face a big challenge in performing the high degree of analysis required under new security rules for payments initiated online. National Penn Bancshares claims to have had significant success fighting fraud using technology and human interaction.
August 5 -
The buzz word "duplicative" has been making the rounds lately, employed by watchdog groups and politicians to describe government programs which overlap and offer redundant services at taxpayer expense.
August 5
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GAO says agency should document how it estimates impact of loss-share deals.
August 5 -
Even while his nomination stalls, executives from his home state push are lobbying for his confirmation.
August 5 -
WASHINGTON — After leaving Washington at the end of July, Elizabeth Warren started August as the object of "Doonesbury" cartoonist Garry Trudeau's affections.
August 5 -
WASHINGTON — Twenty small banks will receive a total of $253 million in the latest round of funding from the Small Business Lending Fund, according to the Treasury Department.
August 5 -
The industry's giants have received most of the flows generated by tidal shifts in money markets, and have been impelled to shore up core funding by new liquidity rules.
August 5 -
The Federal Deposit Insurance Corp. is suing a Georgia law firm and one partner for legal malpractice in connection with a $2.8 million loan that was among a portfolio of bad loans held by Integrity Bank when it failed.
August 5




