| | | New bank rules unlikely to hurt big institutions |  | Advertisements: |
|  01/23/10 NEW YORK (AP) - President Barack Obama's latest broadside against big banks may have more bark than bite. Obama's plan to limit banks' size and risky trading has spooked investors, but analysts say it would have only marginal effect on institutions like JPMorgan Chase, Bank of America and Citigroup - and would be hard to enforce. And it's not clear the rules would reduce taxpayers' risk of ... READ FULL SOURCE |
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Other news07/19/11 U.S. stocks rose, sending the Standard & Poor's 500 Index to its biggest rally since March, as President Barack Obama endorsed a bipartisan deficit-reduction plan and International Business Machines Corp. spurred the largest technology advance in a year.
07/19/11 A bipartisan Senate proposal for a $3.7 trillion debt-cutting plan praised by President Barack Obama faces resistance from House Republicans, as lawmakers intensify efforts for a compromise on government spending less than two weeks before a threatened default.
07/15/11 President Barack Obama's administration on Wednesday endorsed the creation of a national historical park to commemorate the Manhattan Project. Hot themes this week:
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