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$10 Billion Settlement Foreclosure For Banks
Comments (0) | banks, daily beast, deal, financial crisis, foreclosures, National, new york times, NY Times, settlement
The New York Times reports that federal regulators and 14 banks have reached a $10 billion settlement in the foreclosure abuse case.
Read more...New York Attorney General Sues JPMorgan Chase
Comments (0) | Bear Stearns, Department of Justice, Eric Schneiderman, financial crisis, housing boom, Joseph Evangelisti, JPMorgan, JPMorgan Chase, Mortgage task force, National, New York A.G., New York attorney general, new york times, Residential Mortgate-Backed Securities Working Group, Wall Street
The suit is the first brought against a big bank by the federal mortgage task force, created in January.
Read more...Greece Protest Over Spending Cuts Turns Ugly
Comments (0) | Athens, austerity measures, euro crisis, euro debt crisis, financial crisis, Greece, International, Protests, riot, syntagma square
(Flickr/Creative Commons)
It's the first union-led protest since conservatives took office in June.
Read more...Eurozone Leaders Moving Ahead To Create Banking Authority
Comments (0) | euro zone, european central bank, European debt crisis, financial crisis, Germany, International
(Wikimedia Commons)
The new agency should be up and running late next year.
Read more...Stock Market Ends First Half Of 2012 On A High Note
Comments (0) | Dow Jones Industrial Average, eurozone, financial crisis, Nasdaq, National, New York Stock Exchange, S&P 500
All three U.S. stock indexes closed the first half of 2012 up 5 percent. (Creative Commons)
All three stock indexes finished the first half of 2012 up more than 5 percent.
Read more...Average American Families See Huge Drop In Net Worth
Comments (0) | american family, economy, Federal Reserve, financial crisis, housing market, income levels, National, net worth, study
(Mark Kelly/Flickr)
Nearly 40 percent between 2007 and 2010.
Read more...G7 Leaders Meet In Response To Spain's Cry For Help
Comments (0) | angela merkel, bailout, European debt crisis, eurozone, financial crisis, G20, G7, Germany, International, Spain
(Dimitar Nikolov/Flickr)
Red flags from Spain, but no solution yet.
Read more...Unemployment Rate On The Rise, Jobs Cut In May
Comments (0) | China, economy, eu, financial crisis, Greece, hiring, job growth, jobs, May 2012 unemployment, National, President Obama, recession, Spain, State of the Union, unemployment, unemployment rate
Job growth is bleak and confidence is wavering.
Read more...5.8 Magnitude Earthquake Shakes Already-Battered Northern Italy
Comments (0) | Barilla, earthquake, economic crisis, Ferrari, financial crisis, International, Italy, Natural Disaster
(Flickr)
Second disaster in nine days.
Read more...Greek Stock Market Rebounds But Companies Still Plan For Euro Exit
Comments (0) | bailout, Euro, eurozone, financial crisis, Greece, Greek polls, International, lenders, Spain
Faith in a Greek comeback is still waivering.
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