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US Federal Reserve / chairman / Financial Crisis Inquiry Commission

WashingtonPost Business » Regulators fell short in identifying and addressing problems, Bernanke says

03.09.10 09:41 UTC /
Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global ... »
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United States / bank / President

Pittsburgh Post-Gazette » Depositors Panic Over Bank Crisis in Afghanistan

03.09.10 06:18 UTC /
KABUL, Afghanistan -- One of the principal owners of the Afghan bank at the center of an accelerating financial crisis here said depositors had withdrawn $180 million in the past two days. He ... »
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Latest news in Business / Finance

guardian.co.uk, 03.09.10 10:35 UTC

BBC defends impartiality after Downing Street meeting over cuts season

Mark Thompson photographed with memo revealing Andy Coulson's 'concern' that BBC gives context to cuts coverage

Mark Thompson  Helen Boaden  David Cameron  Steve Hilton  The BBC News  British Broadcasting Corporation  +8 more

The Independent, 03.09.10 10:35 UTC

Services sector slowdown fuels double-dip fears

Double-dip recession fears were fuelled today as the UK's powerhouse services sector registered its slowest growth in more than a year during August. The Chartered Institute of Purchasing and ...

Chartered Institute of Purchasing  Chartered Institute of Purchasing and Supply  David Noble  United Kingdom  chief executive  

Seattle Times, 03.09.10 10:33 UTC

AAA: Washington gas prices up 14 cents over year

The AAA auto club says drivers hitting the road this Labor Day weekend in Washington will find gasoline prices 14 cents a gallon higher than they were this time last year.

cent  USD  gas prices  Labor Day  Washington 

Seattle Times, 03.09.10 10:32 UTC

Oil falls below $75 ahead of US jobs report

Oil prices fell below $75 a barrel Friday in Asia as investors awaited a report on U.S. employment that will influence guesses about the strength of future energy demand from the No. 1 economy.

Bangkok  Asia  cent  USD  United States  oil  +3 more

Seattle Times, 03.09.10 10:07 UTC

Critics: Ill. lottery contract cloaked in secrecy

With less than two weeks before Illinois Gov. Pat Quinn awards a lucrative, first-of-its-kind contract for the private management of the state's $2 billion-a-year lottery, some are criticizing the selection process as too secretive and questioning whether it favors one powerful bidder.

Tracy Owens  Pat Quinn  Joan Zielinski  Andy Shaw  United Kingdom  New Jersey  +15 more

Daily Mail, 03.09.10 10:06 UTC

Fury as RBS ships more jobs abroad

Royal Bank of Scotland sparked a furious reaction from union leaders as it emerged that it is shipping more jobs overseas as it axed a further 3,500 in Britain. Unite, Britain's largest union, said ...

United States  India  taxpayer-owned bank  pence  GBP  Telford  +13 more

guardian.co.uk, 03.09.10 09:43 UTC

Service sector slowdown revives fears of double dip recession

The survey, which includes businesses from hairdressers to banks, showed the service sector growing at the slowest pace since April 2009

BNP Paribas S.A.  Alan Clarke  Jonathan Loynes  Chris Williamson  United Kingdom  Markit Group Limited 

WashingtonPost Business, 03.09.10 09:41 UTC

Retail sales, home contracts rise modestly

Americans have not lost their will to spend, according to a modest and surprising bump in retail sales last month and the number of contracts signed by home buyers in July. Retailers reported that ...

retail sales  real estate market  retail activity  machinery  retail sales last month  Department of Labor  +2 more

WashingtonPost Business, 03.09.10 09:41 UTC

Regulators fell short in identifying and addressing problems, Bernanke says

Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global ...

Ben S. Bernanke  Ben S  United States  Lehman Brothers Holdings Inc.  information  chief executive   +6 more

Reuters - Top News, 03.09.10 09:40 UTC

Banks admit better disclosure on bonuses needed

By Steve Slater LONDON | Fri Sep 3, 2010 5:32am EDT LONDON (Reuters) - Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star ...

Nick Studer  wholesale banking revenues  compensation systems  CEO   bank lobby  bank  +12 more
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