Read more banking industry stories on Newserhttp://www.newser.com/taggrid/32725/banking-industry.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:56:48 CSThttp://www.newser.com/story/74369/danger-signs-ignored-at-failed-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tag"Post-mortems" on banks that failed during the financial crisis are exposing serious misjudgment by state and federal regulators. Inspectors-general are finding at bank after bank that regulators were aware that risky and potentially toxic loans were being made while the economy was booming, but failed to take action, the New...http://www.newser.com/story/74369/danger-signs-ignored-at-failed-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 19 Nov 2009 3:43:11 CSThttp://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf your credit card bill just exploded, it wasn’t an accident. Card issuers have been jacking up rates to historic highs—in excess of 30%—cutting limits, and adding new fees in an effort to squeeze money out of customers before new federal regulations kick in Feb. 22. The new...http://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Nov 2009 13:57:09 CSThttp://www.newser.com/story/72413/new-pay-rules-may-hurt-banks-but-protect-public.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSteven Pearlstein isn't exactly wowed by the new salary rules being proposed for Wall Street. "Don't get carried away. By themselves, these measures won't prevent future crises, nor will they likely do much to lower the prevailing pay levels on Wall Street or in corporate America." But, he writes, they...http://www.newser.com/story/72413/new-pay-rules-may-hurt-banks-but-protect-public.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 23 Oct 2009 8:33:54 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/72105/wall-street-cools-to-dems-despite-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSome gratitude: Wall Street’s top firms will largely sit out Barack Obama’s lavish Democratic Party fundraiser in New York tonight, with Goldman Sachs, JPMorgan and Citigroup sending a scant half-dozen representatives or fewer. Some Democratic fundraisers and executives tell the New York Times that bailout banks are afraid of a...http://www.newser.com/story/72105/wall-street-cools-to-dems-despite-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 20 Oct 2009 6:10:00 CDThttp://www.newser.com/story/71861/pay-czar-blocks-salary-for-ken-lewis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPresident Obama's pay czar has landed his biggest punch yet: Bank of America CEO Ken Lewis will forgo any pay this year and return $1 million he's already accepted. But don't start up a collection just yet: The reason Kenneth Feinberg made the request is because Lewis will receive about...http://www.newser.com/story/71861/pay-czar-blocks-salary-for-ken-lewis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 16 Oct 2009 7:42:28 CDThttp://www.newser.com/story/70899/banks-yanking-homeowners-last-hope-short-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs banks get healthier, they're getting stingier with one of the few remaining lifelines for underwater homeowners—short sales. To keep home sales moving in leaner times—and to get bad loans off their ledgers—lenders would forgive the difference between the outstanding mortgage balance and the purchase price. Such...http://www.newser.com/story/70899/banks-yanking-homeowners-last-hope-short-sales.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 03 Oct 2009 14:30:36 CDThttp://www.newser.com/story/70668/goldman-nemesis-says-bank-misleading-lawmakers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMatt Taibbi, who portrayed Goldman Sachs as evil personified in a much-discussed Rolling Stone article over the summer, has the bank in his sights again. In his blog on True/Slant, Taibbi accuses Goldman of misleading and purposely confusing lawmakers about the practice known as naked short selling as new financial...http://www.newser.com/story/70668/goldman-nemesis-says-bank-misleading-lawmakers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 30 Sep 2009 15:44:06 CDThttp://www.newser.com/story/70128/us-bankers-pay-is-worlds-highest-by-far.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUS bank CEOs are paid drastically more than their counterparts around the world. The CEO of Commercial Bank of China, the largest bank in the world, brings home just $234,700 a year—or roughly 2% of JP Morgan boss Jamie Dimon’s $19.6 million haul. The US has only...http://www.newser.com/story/70128/us-bankers-pay-is-worlds-highest-by-far.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 23 Sep 2009 16:33:47 CDT