The Senate this month could finally bring closure to two big domestic issues, financial regulation and health care reform, and in the process crown some of the biggest winners and losers in this Congress.
Take the case of JPMorgan Chase. It spent more than $5 million lobbying Congress last year and has already doled out nearly [...]
Banks
Paying To Not Pay
Banks
Its Greek to the Greeks
As Greece faces up to the agony of its financial crisis, there can be only one way out. The country must look to the wisdom of its ancestors; not to learn from it, but to sell it.
Greece’s problem is that it has borrowed more than it can afford to pay back. Yet as the cradle [...]
Banks
Inflation Anyone?
There’s a lot of talk, worry, concern, focus, and in some cases even anticipation of some massive wave of inflation that’s suppose to wash over the US economy. I don’t personally think most of those people know, or at least fully understand what they’re talking about. Granted there otherwise would be some validity [...]
Banks
G7 In Canada
IQALUIT, Canada (Reuters) – Finance chiefs from the world’s rich powers took a close look at European debt problems at an Arctic summit, and a senior official said Europe was determined to solve its problems without the International Monetary Fund.
“We talked about Greece, Portugal and Spain and we told our partners we had to solve [...]
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