New Rules May Affect Every Corner of JPMorgan

In ways subtle and profound, new financial rules could change the way business will be done for years to come at big banks like JPMorgan.

Source:
http://www.nytimes.com/2010/06/26/business/26morgan.html

Taking Back Homes From the Banks

International human rights guarantee all humans a right to housing. With millions of homeless living in our communities and millions of empty foreclosed houses all across our communities, groups have decided to put them together.

Organizations across the US are engaging in "housing liberation" and "housing defense" to exercise their human rights.

Source:
http://www.truthout.org/taking-back-homes-banks-exercising-human-right-housing59530

Our Preferred Plastic Debit Cards infographics

Debit cards have become a big part of our everyday lives.

The increase in use of debit cards can be attributed to the growing debt the US public has managed to accrue using credit cards. Banks are trying their best discourage the use since they make more on fees from credit card transaction.

Source:
http://www.economiccrisisblog.com/economics/debit-cards

Moneynews Moodys May Cut Bank Ratings If Overhaul Passes

Moody's Investors Service said Tuesday that if financial overhaul legislation passes, it may cut debt ratings on a number of big U.S. banks because the reform would make it less likely that the government would step in to rescue troubled firms. "The Dodd bill contains provisions that, if passed into law, could weaken our assumptions regarding the

Source:
http://moneynews.com/Headline/US-Bank-Regulation-Moodys/2010/04/27/id/357076

After Hobnobbing With Bankers McConnell Attacks Reform

In February, the Wall Street Journal reported that Republicans were "stepping up their campaign to win donations from Wall Street.

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street."

Source:
http://www.huffingtonpost.com/chris-harris/after-hobnobbing-with-ban_b_536005.html

Simon Johnson Paul Volcker Prevails

Paul Volcker, legendary central banker turned radical reformer of our financial system, has won an important round ... will the White House have the courage of its convictions and really fight the big banks on this issue?

Source:
http://www.huffingtonpost.com/simon-johnson/paul-volcker-prevails_b_430869.html

New York Fed Told AIG to Limit Backdoor Bailout Disclosure

The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurers payments to banks during the depths of the financial crisis, e-mails between the company and its regulator show. ...

Source:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXIvW4igKV38&pos=1

Cuomo Asks for Pay Data From Banks

New Yorks attorney general expanded his investigation of bonuses to Wall Street executives whose banking companies are receiving cash injections from the federal government.

Check it out here:
http://www.nytimes.com/2008/10/30/business/30pay.html?partner=rssnyt&emc=rss