Tuesday, March 17, 2009

Small Banks Thrive As Giants Fall

Financial giants are wobbling. Lending is tight. The FDIC is murder on start-ups. But there's never been a better time for a small bank. Since last summer, at least 30 groups have filed to start new banks.

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Obama Orders Treasury Chief to Try to Block A.I.G. Bonuses

The president said that he has instructed Timothy F. Geithner to “pursue every single legal avenue” to block bonuses to the insurer’s top executives.

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Americans Are Rearing for a Fight with Corporate Power

3/4 of Americans want to see a huge worker protection bill pass through Congress, and corporate America is working up a feverish panic over the very notion of linking the term "employees" with the concept of free choice.

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Ten Ideas That Are Changing the World Right Now

In the face of economic contraction, we're rethinking things we used to take for granted. Amid all the anxiety out there, if there's a theme this year, it's renewal. This is not false hope or irrational optimism but the power of ideas and innovation to transform the world and us.

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Women in Congo Speak out about Brutal Rapes

Despite taboos, under a U.N. program women and girls in the Congo who have been viciously tortured and maimed have begun coming forward and naming what was done. One sign of success is that more men than women have volunteered for training to encourage victims to come forward and their communities to confront the issues.

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Americans Want Justice for Wall Street Crooks: Ralph Nader

Jailtime not bailtime! Here are seven avoidance indicators which outline what Washington is not doing to prevent another round of greed and misdeeds by the Wall Street few against the innocent many throughout the country.

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Sen. Bernie Sanders: Time to Prosecute Bank CEOs

I have introduced legislation calling for a thorough investigation of the financial meltdown and the prosecution of those CEOs who might be guilty of illegal behavior. The culture of greed, fraud and excessive speculation must come to an end.

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