Page 2 - Banking Issues News Today

Over again. its a mainstream business. people are treating this as a business. there are late-night jokes about it but its a business. the people that were seeing are very successful and they are working very closely with regulators and talking to the lawmakers every single day. >> right. j.j., its important to treat this as a sophisticated business. if youre not a sophisticated business owner, but you happen to be fortunate enough to be in this business, you have to align yourself with business...

There are late-night jokes about it but its a business. the people that were seeing are very successful and they are working very closely with regulators and talking to the lawmakers every single day. >> right. j.j., its important to treat this as a sophisticated business. if youre not a sophisticated business owner but are fortunate enough to be in this business you have to align yourself with business partners. it doesnt mean you cant work with angel investors are people like brendan. after th...

Change attitudes? >> two separate issues. the banking issues and glass/steagall dont have a ton to do with the inequality issues. the actual substantive issues, are big increases on taxes on the rich that makes the federal tax code much more progressive and entitlement that helps the poor and middle class. i think there is -- you can act in that direction and it can be popular. without actually having to message it in a way -- >> i think theres -- theres an interesting -- everybody at once. ther...

Weve got this long-term crisis now. when the european central bank came in to be the lender of last resort, youve got some stalemate for the time being, you can prevent things from going very seriously wrong. the problem with europe is its going to slow very slowly, if at all. its got a huge banking problem thats still got to be sorted out. the leverage is far worse than the american banks. weve got a competitiveness issue, and were losing share of output to the rest of the world. so all the tim...

The msnbc audience because i criticized the banks and not president obama. i criticize the war in afghanistan, not president obama. i criticize any president for a failure to perpetuate corrupt banks. i would criticize any president for not looking at our banking issues. i believe hes behaved in a grossly incompetent fashion. i want to defend my character in that regard. speak of the overall view of the president, there are some polls out showing the presidents job approval rating at the lowest ...

Good old days of borrowing is over. in uranium g 7 finance will meet this weekend to discuss the impact of the downgrade and the dow losing 700 points this week. that was before the s&p announcement. saudi arabia the first market on earth to trade on this news since this news and it wasnt pretty. stocks there down about 5.5%. banking issues in particular getting clobbered. the problem here is not the downgrade. its the debt that brought it on. a message that seems to be getting lost in this dram...