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banks, regulating financial institutions
(Image from article: "AIG CEO ready to quit over pay limits")

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AIG CEO ready to quit over pay limits

AIG CEO ready to quit over pay limits

After just three months as head of American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight.

 

CIT Group Files for Chapter 11 Bankruptcy Protection

CIT Group Files for Chapter 11 Bankruptcy Protection

CIT Group Inc., a 101-year-old commercial lender, filed for bankruptcy with financing from investor Carl Icahn after the credit crunch dried up its funding and a US bailout and ...

 

Obama embraces House financial overhaul bill

President Barack Obama on Tuesday embraced a House bill that would give the government unprecedented power to seize bank holding companies and other large financial firms teetering on the brink of collapse and stick their competitors with the cost....

 

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