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Banks Paying Cash to Homeowners to Avoid Foreclosures

Feb 7, 2012| 

Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties... Read »

U.S. Debt Will Explode Without Changes – John Taylor

Feb 6, 2012| 

John Taylor, economics professor at Stanford University, spoke to Bloomberg Television’s Trish Regan today and said that the U.S. “could get into a situation... Read »

Goldman Sachs is “Praying for a Co-Manager Role” Along Morgan Stanley in the Facebook IPO: Report

Jan 30, 2012| 

FOX Business Network’s Charlie Gasparino reports Facebook was “clearly annoyed” by the leak of their underwriter selection process and there was concern... Read »

No Country Will Exit the Euro Zone This Year: Jim Rogers

Jan 30, 2012| 

Billionaire investor and chairman of Singapore-based Rogers Holdings, Jim Rogers believes that no country will exit the euro zone this year. “I don’t... Read »

BofA to Limit Cash Bonuses for Bankers, Traders

Jan 26, 2012| 

Bank of America Corp. (BAC), the U.S. lender seeking to preserve capital, will freeze base salary levels and limit cash bonuses to $150,000 for some investment bankers,... Read »

Credit Suisse Senior Bankers’ Compensation to Drop by 30%

Jan 26, 2012| 

Credit Suisse Group AG (CSGN), the second- biggest bank in Switzerland, told senior investment bankers that compensation for 2011 will be 30 percent lower on average... Read »

World Bank President Zoellick: Austery is a “Loaded Word”

Jan 26, 2012| 

Bloomberg TV’s Erik Schatzker spoke to World Bank President Robert Zoellick this morning about the economic woes facing Italy. Zoellick said that Germany and... Read »

Costs will Come Down $2.5-3 Billion – Vikram Pandit

Jan 26, 2012| 

Bloomberg TV’s Erik Schatzker speaks to Citigroup (C) CEO Vikram Pandit from the World Economic Forum in Davos, Switzerland. Pandit talked about Citi’s... Read »

Geithner Says He Will Not Serve Second Term

Jan 26, 2012| 

EXCLUSIVE: Treasury Secretary Tim Geithner spoke to Bloomberg Television’s Trish Regan Wednesday and said that President Obama is “not going to ask me... Read »

RBS Nears Sale of Hoare Govett Unit to Jefferies

Jan 25, 2012| 

Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, is nearing an agreement to sell its Hoare Govett corporate broking unit to Jefferies Group... Read »

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