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It looks like the Obama administration is taking some steps in the right direction to ensure financial fiascoes like the one we’re finally emerging from never happens again. It looks as though financial regulations proposed by the president could mean simpler and smaller banks and …

Some of the country’s largest banks are posting unexpected and large profits. Why is it when the consumers of the nation are hurting that some banks are doing so well? After all, on Thursday JPMorgan announced a $2.7 billion second quarter profit, Goldman Sachs — …

Today’s featured e-book download is How Goldman Sachs Pumped and Dumped the U.S. Economy (499 KB, 27 pg) – From tech stocks to high gas prices, Goldman Sachs has engineered every major manipulation since the Great Depression – and even worse they’re about to do …

Bank of America said yesterday that in less than two weeks it has raised over $13.4 billion through the sale of 1.25 billion extra shares of stock at an average price of $10.77 each. “We’re pleased to have this portion of our capital plan completed,” …

Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay their shares of $20 billion combined bailout funds out of the $700 billion made available last year to ailing financial corporations. Goldman Sachs, Morgan Stanley, and JPMorgan Chase & Co. …