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With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more
March 6, 2009
With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more
March 3, 2009
The 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last three months of 2008, the government said Tuesday. ...more
February 18, 2009
Many banks have made it harder for borrowers to obtain all kinds of loans over the past three months despite a $700 billion federal bailout program and a flurry of other bold moves to stem the worst financial crisis to hit the country since the 1930s. ...more
February 3, 2009
The bad news is Greg Yarmesch is in bankruptcy proceedings. That's also the good news. Yarmesch has used a rough three years financially to propel him into a search for the truth about money. These days, he says, he no longer regards the green stuff as a kind of fear-inspiring god that comes and goes at whim. The secret of having money, he says, is clearing up old belief systems of fear and powerlessness that surround dollars. ...more
January 17, 2009
The Legislature this week cut spending by roughly $2.8 billion to bring the state budget in balance. Then Gov. Charlie Crist threatened to veto the portion of the spending-cut plan that would take money from public education. We have a much better target for him if the governor is looking to wield his veto pen. ...more
January 17, 2009
"Credit, the disposition of one man to trust another, is singularly varying," Walter Bagehot, the financial journalist, wrote 135 years ago. "In England, after a great calamity, everybody is suspicious of everybody; as soon as that calamity is forgotten, everybody again confides in everybody." ...more
January 1, 2009
Democratic presidential candidate Barack Obama endorsed the federal government's plan to invest $250 billion in the nation's banks, saying it will strengthen the financial system and give taxpayers some extra protection. ...more
October 15, 2008
The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. ...more
May 6, 2008
In the wake of the subprime mortgage meltdown, traditional financial institutions have tightened up on who gets to borrow. But some people are still finding ways to get the money they need through another area of lending that is booming. ...more
January 20, 2008
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