Entries tagged "John Carney"

CIT-IndyMac merger rumor debunked

Hedge fund manager John Paulson of Paulson & Co. will not be combining New York lender CIT Group with IndyMac Federal Bank.

Guaranteed bonuses are good or bad?

So are guaranteed bonuses good or bad, and does Wall Street get to keep them?

'Say on pay' may make banks increase risk

Clusterstock's John Carney says that the Obama administration's bill before Congress that would allow shareholders to have a say on pay may make banks take more risks.

Bernanke, Taylor and the rule that divides us all

On Friday, economist John Taylor, founder of the 'Taylor Rule,' gave Fed Chairman Ben Bernanke a big pat on the back. From there, things get more complicated.

Bankslaughter won't work

The Guardian's Paul Collier has offered up a solution to deter bankers from risky behavior: jail.

More thoughts on CRA and the crisis

The debate over the Community Reinvestment Act's role in the credit crisis continues in the blogosphere as Barry Ritholtz challenges opponents to a real debate not via blogs.

CRA boogeyman returns

Fingers are pointing at the Community Reinvestment Act as the main culprit for the credit crisis, even though this tired meme has been debunked over and over again.

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