Read more securities stories on Newserhttp://www.newser.com/taggrid/11018/securities.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:36:24 CSThttp://www.newser.com/story/68384/meet-wall-streets-most-shameless-failures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagYou'd think the men who hyped and traded the financial instruments responsible for the recession wouldn't be allowed to touch another dollar. Instead, they’re “charter members of Wall Street's Mulligan Club,” Steven Pearlstein writes in the Washington Post , buying and trading the same "crappy securities" like “golfers who treat themselves...http://www.newser.com/story/68384/meet-wall-streets-most-shameless-failures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 02 Sep 2009 10:00:57 CDThttp://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBad loans have been killing off banks at the fastest rate in 17 years—but now, securities purchased from other banks are a mounting threat, the Wall Street Journal reports. Thousands of banks nabbed securities dependent on mortgages and the financial industry. “Under most scenarios, they were good and prudent...http://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 21 Aug 2009 10:48:12 CDThttp://www.newser.com/story/61909/geithner-summers-outline-new-regulatory-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe current financial regulatory system “is riddled with gaps, weaknesses, and jurisdictional overlaps,” Treasury Secretary Timothy Geithner and Obama economic guru Larry Summers write in today’s Washington Post . They outline, in broad strokes, their plan to fix it: Capital and liquidity requirements will be raised across the board. “Too-big-to-fail” firms...http://www.newser.com/story/61909/geithner-summers-outline-new-regulatory-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 15 Jun 2009 8:33:03 CDThttp://www.newser.com/story/61756/smugglers-caught-sneaking-134b-in-bonds-out-of-italy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTwo Japanese citizens were detained last week after allegedly trying to take $134 billion in undeclared US bonds from Italy to Switzerland, Bloomberg reports. Both countries are investigating the incident. “Italian authorities are in the midst of the investigation, and haven’t yet confirmed the details, including whether they are Japanese...http://www.newser.com/story/61756/smugglers-caught-sneaking-134b-in-bonds-out-of-italy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 12 Jun 2009 15:57:01 CDThttp://www.newser.com/story/53241/ponzi-victims-will-be-tax-nightmare-for-irs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe work of fraudsters such as Bernie Madoff and R. Allen Stanford will complicate the IRS’ job as tens of the thousands of victims attempt to reclaim taxes paid on income that went up in smoke, Time reports. The IRS estimates that refunds due victims to Madoff alone could total...http://www.newser.com/story/53241/ponzi-victims-will-be-tax-nightmare-for-irs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 13 Mar 2009 12:06:50 CDThttp://www.newser.com/story/53159/madoff-case-likely-to-sour-boomers-on-stocks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith Bernard Madoff’s long, fraudulent story drawing to a close, stock-market analysts look to the larger effect the $50 billion Ponzi scheme will have on equities, Kate Gibson writes for MarketWatch. Combined with the dismal performance in stocks over the last year, experts say Madoff’s deception has probably hurt the...http://www.newser.com/story/53159/madoff-case-likely-to-sour-boomers-on-stocks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 12 Mar 2009 13:47:41 CDThttp://www.newser.com/story/51349/credit-crunch-pinches-entire-lending-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks aren’t lending, and to change that the government is propping up not just the banks but also the vast, largely unseen financial system that fuels them, the New York Times reports. Banks rarely keep the loans they make anymore; instead, debt is packaged into securities and sold, generating capital...http://www.newser.com/story/51349/credit-crunch-pinches-entire-lending-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Feb 2009 12:35:01 CSThttp://www.newser.com/story/47400/30-year-mortgage-rates-fall-to-record-low-501.html?utm_source=syn&utm_medium=rss&utm_campaign=tagInterest rates on 30-year fixed mortgages fell to a record low 5.01% this week, Bloomberg reports. The drop—the 10th weekly fall in a row—comes as the Federal Reserve purchased $10.2 billion of mortgage-backed securities from Fannie Mae, Freddie Mac, and Ginnie Mae as part of a...http://www.newser.com/story/47400/30-year-mortgage-rates-fall-to-record-low-501.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 08 Jan 2009 17:08:13 CSThttp://www.newser.com/story/46738/just-how-bad-was-2008.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf you're under the age of 70, 2008 was probably the worst year you've lived through, reports Bloomberg. Here's why: In housing, which started the downturn, median resale prices saw a 13% decline, the largest since the 1930s. Foreclosure rates reached 2.97%, and mortgage delinquency hit 6.99%, both...http://www.newser.com/story/46738/just-how-bad-was-2008.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 31 Dec 2008 16:37:51 CST