Read more bank stories on Newserhttp://www.newser.com/taggrid/4436/bank.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 4:58:40 CSThttp://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter months of negotiations, Congress and the Obama administration are ready to introduce new rules on financial institutions deemed "too big to fail." Barney Frank, who heads the House Financial Services Committee, will present a bill as soon as this week that will let the government seize companies, fire executives,...http://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 6:57:12 CDThttp://www.newser.com/story/72522/russian-banks-foreclose-on-pigs-lingerie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith loan defaults soaring, Russia’s banks have had to seize a lot of collateral lately—and we’re not talking about houses. By year’s end, 20% of Russian loans could be non-performing, by Moody’s estimate. In order to recoup those losses, the banks have accepted controlling stakes in a lingerie retailer...http://www.newser.com/story/72522/russian-banks-foreclose-on-pigs-lingerie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 6:21:00 CDThttp://www.newser.com/story/72351/fed-rolls-out-plan-to-limit-bank-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Federal Reserve today officially announced a plan to regulate pay structures at banks, the same day the pay czar rolled out his plan to cap salaries at bailed-out firms. The administration’s double-whammy on compensation marks an unprecedented level of government involvement in the private sector, and the policies that...http://www.newser.com/story/72351/fed-rolls-out-plan-to-limit-bank-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 15:15:00 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/72104/bailed-out-banks-boost-ceo-perks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe CEOs of bailed-out banks and financial companies saw their perks and benefits—ranging from private jet use and country club membership to free parking and bodyguards—rise even at the height of the crisis last year. On average, the CEOs of the 29 biggest companies that received federal money...http://www.newser.com/story/72104/bailed-out-banks-boost-ceo-perks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 20 Oct 2009 6:32:14 CDThttp://www.newser.com/story/71625/wall-street-forking-out-record-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMajor financial firms have bounced back from the brink of meltdown and are on course to hand out their biggest-ever pay packages this year. The total payout at the big banks and securities firms will hit $140 billion this year, according to Wall Street Journal projections based on revenue figures...http://www.newser.com/story/71625/wall-street-forking-out-record-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Oct 2009 5:36:00 CDThttp://www.newser.com/story/70644/dont-hate-me-im-just-here-to-clean-up.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCindy Reid doesn’t want you to think she and her boss—and boyfriend—are the “bad guys.” But it is difficult when her man is the one “you never want to see pull up to your house. He has eyes that go flat when you offer excuses,” because he doesn’t...http://www.newser.com/story/70644/dont-hate-me-im-just-here-to-clean-up.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 30 Sep 2009 12:07:26 CDThttp://www.newser.com/story/70085/goldman-may-break-charter-to-duck-pay-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith the Federal Reserve busily drafting rules to limit pay for bank executives, some investors believe Goldman Sachs will simply stop being a bank, Reuters reports. By shedding its year-old commercial banking charter, acquired in the heat of the financial meltdown to ensure access to credit, Goldman could elude restrictions...http://www.newser.com/story/70085/goldman-may-break-charter-to-duck-pay-rules.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 23 Sep 2009 8:15:33 CDThttp://www.newser.com/story/69979/fdic-may-borrow-billions-from-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter a year of government bailing out the banks, now the banks may bail out the government. Regulators are considering a plan for the FDIC, which protects bank depositors, to borrow billions from healthy banks, enabling the fund to refresh its accounts after a wave of bank failures. Banks and...http://www.newser.com/story/69979/fdic-may-borrow-billions-from-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 22 Sep 2009 6:37:54 CDT