Keyword: bhobanking

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  • Jamie Dimon: I am (now only) 'barely' a Democrat.. (slams 'anti-Business')

    05/13/2012 6:25:03 AM PDT · by Milagros · 46 replies
    On NBC's Meet The Press,' just now (May 13, 2012: Jamie Dimon said it's not fair to blame 'all banks,' you know of a particular bank that does something wrong go after that specifically. I accept all criticism. I am now "barely a democrat." Asked: 'What do you mean "barely a Democrat," Are you not a Democrat anymore? I mean I am still a Democrat... but BARELY... The current admin. - (environment) very 'anti-Business.' I don't blame the president but the Democrats were much more destructive than the Republicans.
  • Barack Obama to reiterate demand for tougher banking regulation

    09/14/2009 4:34:49 AM PDT · by myknowledge · 6 replies · 379+ views
    The Guardian ^ | September 14, 2009 | Graeme Wearden
    US president to use his Lehman anniversary speech in Wall Street to call for more governance of the financial sector. Barack Obama will mark the first anniversary of the collapse of Lehman Brothers by demanding tighter financial regulation to avoid a repeat of the crisis. Obama will use a 30-minute speech in Wall Street today to reiterate the need for a fundamental shakeup of the banking sector, three months after he announced proposals for reform. White House insiders indicated over the weekend that the US president will also declare victory in the battle to rescue America's banks, and explain how...
  • Obama plan would cut number of US bank regulators

    06/16/2009 9:23:37 PM PDT · by Ooh-Ah · 5 replies · 308+ views
    Reuters ^ | Jun 16, 2009 | arey Wutkowski, Kevin Drawbaugh and Corbett Daly
    WASHINGTON (Reuters) - The Obama administration plans to call for the U.S. Office of Thrift Supervision to close as part of its overhaul of financial regulation, which would also include the elimination of the federal thrift charter for banks. The plan would require large, interconnected firms to draft a "credible plan" for how they would be unwound if they ran into severe trouble, a senior administration official told reporters on a conference call on Tuesday. The official said the proposal would also call for the creation of a financial oversight council that would be led by the Treasury Department, and...
  • Bankers to Obama: Stop trashing us

    02/27/2009 2:45:32 PM PST · by Rennes Templar · 20 replies · 1,275+ views
    Politico ^ | Feb. 27, 2009 | Victoria McGrane
    The American Bankers Association has a message for the president: Stop talking trash about banks. In his unofficial State of the Union address Tuesday night, Barack Obama said that it's "unpopular ... to be seen as helping banks right now, especially when everyone is suffering in part from their bad decisions." In a letter to the White House, ABA CEO Edward Yingling says bankers across the country were "disappointed and concerned" with rhetoric like that. "Mr. President, of the over 8,000 banks in this country, very few ever made a single subprime loan, and they did not engage in the...
  • Geithner Says Plan for Banks Is in the Works (Tax cheat won't provide any specific details)

    01/30/2009 5:03:06 PM PST · by Libloather · 11 replies · 509+ views
    NY Times ^ | 1/29/09
    Geithner Says Plan for Banks Is in the WorksJanuary 29, 2009, 6:53 am As lawmakers pressed the Obama administration for details of how it would assist financial firms that have been rapidly deteriorating, Treasury Secretary Timothy F. Geithner said Wednesday the administration is working on a comprehensive plan to “repair the financial system.” Mr. Geithner declined to provide any specific details or to address rising calls for the creation of a government institution to buy or guarantee the declining assets at several of the nation’s largest banks, The New York Times’s Stephen Labaton and Edmund L. Andrews reported. He discouraged...