FDIC and Financial Firm Breakups

Dec 13, 2010 Joe Dejoseph

A few weeks ago U.S. regulators approved an initial rule for the government to seize and dismantle large, troubled financial firms, including a stipulation that, in limited cases, could allow other creditors to get more favorable treatment.


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Borrowers With Good Credit Duped Into Higher Interest Loans

Oct 22, 2010 Joe Dejoseph

In any company, an aggressive business strategy can generate an uptick in revenue, but at what cost? In the finance industry, aggressive subprime lending came at the cost of the now failed housing market.  You may be surprised to know


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Why Support Increased Lending for Credit Unions

Oct 07, 2010 Joe Dejoseph

Credit unions operate like banks in many ways and offer similar consumer services offered by banks. However, less than one-third of credit unions make business loans and not all credit unions offer business services such as business checking


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Community Bankers Against Raising Business Lending Cap for Credit Unions

Sep 20, 2010 Joe Dejoseph

The new Small Business bill contains an amendment that would more than double the business lending cap from 12.25% of total assets to 27.5% for Credit Unions. While Credit Unions officials continue to lobby Congress for this raising of the


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