Read more financial sector stories on Newserhttp://www.newser.com/taggrid/16239/financial-sector.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 13:40:49 CSThttp://www.newser.com/story/73751/financial-reform-how-to-prevent-another-greenspan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThere's a lot riding on reform of the financial industry, but the administration's plans to overhaul financial regulation carries the seeds of its own destruction, writes Thomas Frank. Taking oversight away from the present confusing array of agencies and making the Federal Reserve One Big Regulator means that when the...http://www.newser.com/story/73751/financial-reform-how-to-prevent-another-greenspan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 9:44:29 CSThttp://www.newser.com/story/73773/hard-times-catch-up-with-well-heeled-jobless.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTime and money is finally beginning to run out for large numbers of people who lost their jobs, and have been living off hefty severance packages for up to two years. Many workers who received generous exit packages from the financial and auto industries kept on spending the way they...http://www.newser.com/story/73773/hard-times-catch-up-with-well-heeled-jobless.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 7:07:30 CSThttp://www.newser.com/story/73132/dow-ends-shaky-day-up-76.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks seesawed today as good economic data on industry and the housing sector drove big early gains, which then fell victim to selloffs in the financial sector, the Wall Street Journal reports. The Dow climbed 76.71 points to close at 9,789.44. Nasdaq tacked on 4.09 to...http://www.newser.com/story/73132/dow-ends-shaky-day-up-76.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 02 Nov 2009 15:09:50 CSThttp://www.newser.com/story/72619/get-a-clue-washington-you-cant-do-everything.html?utm_source=syn&utm_medium=rss&utm_campaign=tagClamping down on arrogant, risk-taking execs with an overconfident attempt to overhaul private sector pay structures shows that the arrogance has migrated to the Obama administration, writes David Brooks. The government is trying to micro-manage compensation packages at a wide variety of firms when pay regulation should be done, humbly,...http://www.newser.com/story/72619/get-a-clue-washington-you-cant-do-everything.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 27 Oct 2009 5:10:51 CDThttp://www.newser.com/story/72327/bank-reform-shatters-usual-party-lines.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOnce health care reform is “settled,” Nate Silver writes, the White House will be searching for a new domestic issue. Card check is too hard, immigration will have to wait for 2012’s “younger, more diverse electorate,” and gay rights is a slog. The winner, in Silver’s opinion, is bank reform....http://www.newser.com/story/72327/bank-reform-shatters-usual-party-lines.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 11:37:40 CDThttp://www.newser.com/story/72183/goldman-exec-pay-inequality-is-good-for-all.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBelieve it or not, lavish Goldman Sachs bonuses are good news for everybody, a company official told a discussion panel yesterday. The out-of-whack pay inequality will give the economy a kick in the pants, insisted the vice chairman of Goldman Sachs International. "We have to tolerate the inequality to achieve...http://www.newser.com/story/72183/goldman-exec-pay-inequality-is-good-for-all.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 21 Oct 2009 6:00:00 CDThttp://www.newser.com/story/71681/jpmorgan-earns-36b-despite-loan-losses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJPMorgan Chase reported strong third-quarter earnings today as its thriving investment banking business more than offset rising consumer loan losses that the bank warned would continue. The company, the first of the big banks to report, showed a $3.59 billion profit, or 82 cents per share. But it also...http://www.newser.com/story/71681/jpmorgan-earns-36b-despite-loan-losses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Oct 2009 9:02:23 CDThttp://www.newser.com/story/69722/nyc-unemployment-hits-103.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Big Apple's unemployment rate hit double digits last month for the first time since 1993, the New York Times reports. At 10.3%, the rate is now higher than the national rate of 9.7%. State officials say continuing layoffs on Wall Street are to blame for the rise,...http://www.newser.com/story/69722/nyc-unemployment-hits-103.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 18 Sep 2009 7:10:57 CDThttp://www.newser.com/story/68912/banks-get-back-to-risky-business-as-usual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks that teetered on the edge of extinction last year are returning to their old ways as the shock of the financial crisis fades, the Wall Street Journal reports. The banks are handing out hefty compensation packages again and dealing in the same risky financial instruments that caused last year's...http://www.newser.com/story/68912/banks-get-back-to-risky-business-as-usual.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 09 Sep 2009 1:49:12 CDT