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WASHINGTON — Facing a cascade of bank failures depleting the deposit insurance fund, federal regulators on Friday raised the fees paid by U.S. financial institutions and levied a hefty emergency premium in a bid to collect $27 billion this year.

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WASHINGTON — The government made another run at saving Citigroup Inc. on Friday, giving taxpayers a bigger stake in its fortunes with a plan that could become a model for saving the nation’s most troubled big banks.

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A Pew Internet and American Life Project studying who uses broadband at home found that:

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Poker Video of GazaRockets… aka Brian Dholah

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Yellow fever was sweeping through terrified Boston in 1798. The sick - along with their disease-ridden beds, sheets, and belongings - were carried by boat to the rocky, windswept harbor island of Rainsford, where they were left, most likely to die, in the wards of a quarantine hospital. As they perished, hundreds were hastily buried in a nearby field.

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Author: RLesProspect

Keywords: TheDreamWhatsWrongWithUs(2009) Comments (0)  | Posted in Credit card    

The government’s deal to take a large ownership stake in Citigroup offers a preview of the coming round of public investments in troubled banks, including the demand that Citigroup secure a matching investment from the private sector.

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Should the government force lenders to write down balances on troubled mortgages? Richard K. Green and Christopher Thornberg debate.


Today’s topic: A high percentage of modified mortgages have re-defaulted, and some critics say that’s because the modifications haven’t been aggressive enough — in particular, they haven’t written down debt. The Obama proposal would not reduce a borrower’s debt, either. Isn’t that a problem?

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WASHINGTON — Sen. Judd Gregg, President Barack Obama’s former nominee for commerce secretary, won taxpayer money for redevelopment of a shuttered Air Force base where he and his brother had invested in commercial property, an Associated Press investigation found.

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