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Archive for July, 2009


The messy issue of ‘too big to fail’

Lawmakers are quickly learning that “too big to fail” may be too complex to legislate away.

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Cash for Clunkers: Popular, but it may not matter

While the Cash for Clunkers program is being hailed as a success, having apparently burned much or all its of its billion dollar budget in a matter of days, some analysts doubt the program will amount to much in the long run.

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House OKs $2 billion more for Clunker program

The House on Friday passed a bill to allocate another $2 billion to the Cash for Clunkers program.

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House backs bill to curb executive pay

Read full story for latest details.

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Cash savers shortchanged by adviser offers (Financial Times)

Savers looking for advice on cash accounts could end up paying for it with less competitive interest rates. The credit crisis has seen a growing number of banks and building societies seek to attract deposits by offering commission to financial advisers and mortgage brokers.

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