Stocks fell after Jeroen Dijsselbloem, who heads the Eurogroup of euro-zone finance ministers, told Reuters and the Financial Times that when failing banks need rescuing, euro-zone officials would turn to the bank’s shareholders, bondholders and uninsured depositors to contribute to their recapitalization.
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The US Justice Department last year opened an investigation into allegations that employees at The Wall Street Journal’s China news bureau bribed Chinese officials for information, the newspaper reported.
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Computer algorithms swap thousands of stocks each instant and could set off a financial meltdown
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A group of campaigners linked to the Occupy Wall Street movement is buying-up distressed loans for pennies in the pound and cancelling them to “liberate debtors at random”.
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What Bloomberg wants to say with this confusing tittle is that about 10 percent of US election TV propaganda is spent on anti-Wall Street ads. Apparently Bloomberg thinks this is a problem.
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A longtime Wall Street power player makes clear the attempted October surprise jobs report by the Obama/Jarrett administration is a “fabrication built upon a fabrication” that proves just how desperate those who hope to keep Obama in power have now become.
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Egan-Jones, founded in 1995, is one of nine ratings companies that the SEC has accredited as “nationally recognized,” allowing the firm to rate the debt of sovereign nations, companies and asset-backed securities, among others. Notably, it is the only one of the nine that gets paid by investors instead of by the issuers of securities
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A report today in an official outlet of the Iranian regime claims that Mahmoud Ahmadinejad, the president of Iran, will meet with members of the Occupy Wall Street movement. Ahmadinejad is currently in New York City for the United Nations General Assembly, where these reported meetings will take place.
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A brief written message from a longtime Wall Street Insider clarifies an earlier message from WHI, as well as gives a strong warning of how the Obama campaign cheated during the first presidential debate in 2008, and will likely do so again in 2012.
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A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big bank executives, according to a source close to the investigation.
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