Wagoner out, bank CEOs safe – huh?! – Apparently, if you’re the CEO of an auto firm, you may have to sacrifice yourself to get another bailout. But many bank CEOs have held onto their jobs. – By Paul R. La Monica – CNNMoney.com 

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Obama Considered Ousting Citi’s Pandit But Declined Due To “Paucity Of Candidates” [...]

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Treasury notes losing allure as ’safest’ investment? – The New York Times – Investors » Skittish response to sale may signal waning appetite, trouble for Obama. – Salt Lake Tribune

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Fed needs to double balance sheet: PIMCO – By Faith Hung – Bond giant Pacific Investment Management Co said the Federal Reserve needs to double its [...]

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Break it Up? – Bank of America ’s Lewis Says U.S. Should Consider Splitting Bank Functions – By Lizzie O’Leary and Christine Harper -  Bank of America Corp. Chief Executive Officer Kenneth Lewis said today the U.S. should consider separating commercial lenders from investment banking activities. – Bloomberg  -  a return to the Glass-Steagall Act?

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Bank [...]

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Chart of the Day – For some perspective into the all-important US real estate market, today’s chart illustrates the US median price of a single-family home over the past 39 years.

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Newest Fraud – Torching your car – Fraud in the desert and the “Disabler” – Tim Iacono – … In Signs of Stress, Fraud on [...]

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