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Editorial Results (free)
1. JPMorgan CEO Says Execs May Have Pay Taken Back
- Thursday, June 14, 2012
WASHINGTON (AP) – JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.
2. European Finan. Crisis Tops AP Picks of '11 Biz Stories
- Thursday, December 22, 2011
NEW YORK (AP) – Europe took the financial world on a stomach-churning ride in 2011.
The rising threat of default by heavily indebted European countries spread fear across financial markets and weighed on economies worldwide. As the year came to a close, banks and investors nervously watched Europe's political and financial leaders scramble to prevent the 17-nation eurozone from breaking apart.
3. Trading Firms to Face New Rules on Customer Funds
- Tuesday, December 6, 2011
WASHINGTON (AP) – A federal rule adopted Monday places tighter restrictions on how U.S. trading firms can invest their customers' money. The action comes amid a federal investigation into whether MF Global illegally tapped its clients' accounts before filing for bankruptcy.
4. Senate Panel Will Investigate MF Global Collapse
- Friday, December 2, 2011
WASHINGTON (AP) – The top Democrat and Republican on a key Senate panel say Congress should look deeply into what led to the collapse of MF Global, a trading firm run by one of their former colleagues.
5. MF Global Trustee Says $1.2B or More Missing
- Tuesday, November 22, 2011
WASHINGTON (AP) – The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month.
6. MF Global's Dive Shows Few Changes on Wall Street
- Friday, November 11, 2011
WASHINGTON (AP) – After countless new rules designed to make Wall Street safer, it's come to this: Another securities firm has collapsed from risky, poorly disclosed bets.
Not enough, in other words, has changed since the U.S. financial system nearly toppled three years ago.
7. Feds Order Review of All US Futures Firms
- Friday, November 11, 2011
WASHINGTON (AP) – Federal regulators have ordered a review of all U.S. futures trading firms after hundreds of millions of dollars in client funds went missing from MF Global, a firm run by former Goldman Sachs chief Jon Corzine.
8. Political, Business Leaders Present Plans to Jolt Economy
- Tuesday, August 17, 2010
Memphis audiences are getting an earful from businessmen and politicians who want to be seen as modern-day Paul Reveres, sounding alarm bells about taxes, the fragile economy and what’s in store for corporate America.
9. Brian Moynihan to Succeed Ken Lewis as BofA CEO
- Friday, December 18, 2009
CHARLOTTE, North Carolina (AP) - Bank of America's new CEO says he doesn't expect to lead a major shift in strategy at America's largest bank when he takes over from Ken Lewis on Jan. 1. But with loan losses continuing to mount amid double-digit unemployment rates, it remains to be seen whether investors will embrace staying the course.
10. GOP Victories, Health Care Battle Show Party’s Pulse
- Friday, November 6, 2009
“Every day that we delay them moving to the floor with this bill is a very, very good thing.”
Those are the words of U.S. Rep. Marsha Blackburn, a congressional Republican whose district includes part of Shelby County. She was speaking with The Daily News about her party’s efforts to thwart the health care reform plan that’s become President Barack Obama’s biggest domestic priority.
11. Races an Early Test of Obama Influence
- Wednesday, November 4, 2009
WASHINGTON (AP) - In a very early test of President Barack Obama's political influence, two states are choosing whether to continue Democratic rule while voters elsewhere elect a handful of congressmen and big-city mayors.
12. State Budgets Being Delayed by Stimulus Debate
- Wednesday, February 11, 2009
NEW YORK (AP) - Uncertainty over the final scope of the $800 billion-plus economic stimulus plan in Congress has delayed budget action in some states while governors and legislators wait to see how much federal relief they can expect for their cash-strapped programs.
13. Both Parties Expect Democratic Senate Pickups
- Tuesday, November 4, 2008
WASHINGTON (AP) - Democrats counted on solidifying their thin leadership grip on the Senate as voters flocked to the polls Tuesday to fill 35 Senate seats. Embattled Republicans braced for losses but hoped they would be modest ones.