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It appears as though the Obama administration is taking steps to make sure financial fiascos like the one we’re coming out of never happens again. It looks as though financial regulations proposed by the president could mean simpler and smaller banks and financial institutions. In …

The CEO of Citigroup, Vikram Pandit, delivered a speech to end the first day of the National Summit in Detroit. The purpose of the summit is basically just a meeting of the minds, business, economic and government leaders, to develop strategies to keep America competitive …

After receiving a lot of criticism about givng bailout money to employees in the form of bonuses, AIG released information that the company gave money to foreign and domestic  banks in the tune of $90 billion.
Some of the domestic banks had even received their own …

After an awful week on Wall Street last week, this one has been pretty good(so far) and been fueled by news from Citi that it operated at a profit for the first quarter and other news out of Washington about federal money headed to financial …

GM has just a few weeks to show the government that it can turn around its failing business. Reports have been coming out that GM is looking into restructuring behdind a “chapter 11″ curtain (with the government’s money).
Now, John McCain thinks that it would be …