Buying a college education is messy, but this complicated service nevertheless sells extremely well - with price increases that greatly outrun inflation. The marketing appeals to aspirations.
Those in denial want to believe that OWS is a temporary phenomenon, nothing to get their shorts in a bunch worrying about. But they need to take Occupy's commitment to change seriously.
S&P is placing greater emphasis on the country where a bank operates. We believe capital is at most neutral to a slight weakness for the ratings in the U.S. and Europe.
Congressman Garrett, in introducing his new bill, apparently wants the same private sector that pumped air into the housing bubble to reemerge as the primary source of secondary-mortgage financing.
Shouldn't it be a given that an agency staffed with green examiners and tasked with enforcing new rules will communicate with banks before slapping them with regulatory orders?
The federal government could avoid many unnecessary bank failures by making targeted preferred equity investments in community banks with a Camels 3 rating.
The Treasury and the banking industry would like nothing better than to see more credit unions convert to taxpaying banks. This is hardly going to happen if CUs perceive the OCC as an inhospitable regulator of their mutual form.
Risk management expert Clifford Rossi looks at two recently released documents on the FHA, which he says together "bear ominous warnings about a portfolio in excess of $1 trillion."
Implementation of Dodd-Frank, new expectations for risk management, a flat yield curve, uncertainty stemming from unfilled regulatory positions: bank board of directors have their work cut out for them.
