Tag Archives: Crunch

Frank Says Banks Need Time to Divest Under Obama Plan: Video

Jan. 21 (Bloomberg) — U.S. Representative Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, talks with Bloomberg’s Peter Cook about President Barack obama‘s proposals to limit the size and trading activities of U.S. financial institutions as a way to reduce risk taking and prevent another financial crisis. The proposals will … Continue reading

Sifma Hires Lawyer, Considers Action on Obama Bank Levy: Video

Jan. 19 (Bloomberg) — The U.S. Securities Industry and Financial Markets Association hired Carter Phillips, a managing partner at law firm Sidley Austin LLP, to advise on a response to what it described as the obama administrations targeted and punitive levy on banks. Bloomberg’s Lizzie O’Leary reports. (Source: Bloomberg) Duration : 0:1:42 Technorati Tags: action, … Continue reading

How will you Obama voters feel if Obama uses his executive privilege to stop all future drilling?

And, gas shoots over 5 bucks a gallon next year? Will you still be glad you voted for him? And don’t answer any other question then that. We have had enough of the gas price crunch that seems to have been relieved for now. obama is starting with a clean slate of gas prices around … Continue reading