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  • Bank of America Corp (BAC)’s Foreclosure Drill: What To Know


    — Authority Authority:
    When New York Attorney General Eric Schneiderman announced his intention to sue Wells Fargo & Co (NYSE:WFC) and Bank of America Corp (NYSE:BAC) over scores of alleged breaches of last year’s $26 billion fraudclosure settlement, Bank of America Corp (NYSE:BAC) got tough. Almost immediately, the bank’s ...
    1 day ago

  • The Too Big To Fail: Federal Reserve Bank At 100 Years of Age


    Forbes.com: Wine News — Authority Authority: 934
    As the markets reach new highs, and scandal dominates the nations capitol, I am compelled to examine the still unresolved challenges about whether our 100 year old central bank-- the Federal Reserve-- will be capable of warding off another potential systemic financial crisis like the one that almost toppled the ...
    1 day ago

  • The Biggest Borrowers From Uncle Ben Bernanke


    Forbes.com: Wine News — Authority Authority: 934
    1 day ago

  • Websense Surges On $24.75 a Share Buyout Offer


    — Authority Authority:
    NEW YORK (TheStreet) - Websense said on Monday it has agreed to be taken private by Vista Equity Partners in an all-cash deal that values the Internet security specialist at $24.75 a share or just under $1 billion. Vista Equity Partners, a leading buyout investor in enterprise technology and security software, will ...
    1 day ago

  • Top Analyst Downgrades and Stocks to Sell: Bank of America, Schwab, SanDisk and More


    — Authority Authority:
    Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell or to avoid. 24/7 Wall St....
    1 day ago

  • How Dale Katechis Made Oskar Blues Beer a Can-Do Beer


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    PORTLAND, Ore. (TheStreet) -- As someone whos spent much of his brewing career pouring big beers into relatively little cans, Oskar Blue founder Dale Katechis has made condensing his lifes work. Katechis founded Oskar Blues in 1997 in Lyons, Colo., and lent his name to its top-selling Dales Pale Ale. After five years ...
    1 day ago

  • Frontrunning: May 20


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    Obama’s Counsel Was Told of IRS Audit Findings Weeks Ago (WSJ) North Korea fires sixth missile in three days (Reuters) Enron No Lesson to Traders as EU Probes Oil-Price Manipulation (BBG) Don’t cry for me, Eurozone: Thinking the Unthinkable – Quitting a Currency (WSJ) H-1B Models Strut Into U. (Read more…)S. ...
    1 day ago

  • Big Bank Phobia: Glass-Steagall Would Be Folly


    — Authority Authority:
    This is the third of a three-part series rebutting the three most popular approaches toward lowering the systemic risk of large U.S. banks. Part one tackles breaking up the banks and part two deals with capital vs. liquidity. NEW YORK (TheStreet) -- Bringing back the complete separation of investment banks from ...
    1 day ago

  • Vietnam national defence television channel makes debut


    — Authority Authority:
    On May 19, the Vietnam national defence television channel made its debut at the National Convention Centre on the occasion of the 123 rd anniversary of Ho Chi Minh’s birth. The Vietnam national defence television. (Photo: VOV) The ceremony was attended by former General Secretary Le Kha Phieu; General Phung ...
    1 day ago

  • Bank of America Corp (BAC), Citigroup Inc (C): Is the Stock Market Getting Frothy?


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    Given that the Dow Jones Industrial Average (Dow Jones Indices:.DJI) recently crossed the 15,000-point threshold for the first time in history, it should come as no surprise that there’s an ongoing debate about whether stocks are headed for another bubble. The title of a recent CBS MoneyWatch article sums up the ...
    2 days ago

  • Jennifer Lewis, Christopher Buell — Weddings


    — Authority Authority:
    A wedding at a museum in Washington.        
    1 week ago

  • Rihanna & Chris Brown In A Subliminal Twitter Love War?


    — Authority Authority:
    After Chris Brown s vague statement on Twitter about implying ho activity that many believe was against Rihanna , Rih has been dropping subliminals all weekend.   Check out her pics and statements inside... The other day, soon after he confirmed he and Rihanna have gone their separate way, Breezy tweeted: Shes ...
    1 week ago

  • Strategies: Forecast for a 20,000 Dow Still Holds


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    As long as bond yields are so low, Seth J. Masters, of Bernstein Global Wealth Management, continues to predict the Dow will hit 20,000 by 2020.        
    1 week ago

  • Whats Missing in the Market; 3 Short Ideas That Dont Work: Cramers Best Blogs


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    NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to whats happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:whats missing in this market; andthree short ideas that just arent playing out. Click here for information ...
    1 week ago

  • JPMorgan Chase & Co. (JPM): Be Careful What You Wish For


    — Authority Authority:
    The hunt is on, and the witch is Jamie Dimon: CEO and chairman of JPMorgan Chase & Co. (NYSE: JPM ) and the fallen angel of big banking. Once the president’s favorite Wall Street titan, Dimon is now everyone’s favorite Wall Street whipping boy. Dimon is currently the target of a proxy vote that advocates ...
    1 week ago

  • Bank of America Corp (BAC): Can It Ever Eclipse $13.00?


    — Authority Authority:
    Bank of America Corp (NYSE: BAC ) had a pretty decent week, relatively speaking. It was boosted earlier in the week when news of a settlement with MBIA reached the markets, and even some threatened legal action by the state of New York didn’t affect it all that much. Even Friday morning, with Citigroup Inc ...
    1 week ago

  • Vitter Puts Too Big to Fail on the Table


    — Authority Authority:
    NEW YORK (TheStreet) -- Sen. David Vitter (R., La.) is open to discussion about changes to his proposed "Too Big to Fail" bill. The U.S. Senator said an attractive feature of the bill he co-authored with Sen. Sherrod Brown (D., Ohio) would be the discussion he hopes it attracts about issues such as risk-weighting ...
    1 week ago

  • Distressed Debt Investing Now a Favorite Move for Hedge Funds


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    Regulators have demanded that banks stop engaging in so much risky behavior - chiefly, distressed debt investing. And the banks have begun to curtail this type of investing. But this has led to an unprecedented - though not unpredictable - situation: It seems the hedge funds are picking up the slack. The ...
    1 week ago

  • JPMorgan Sued Over Debt Collection – Analyst Blog


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    For JPMorgan, there seems to be no respite from legal problems. Recently, Calif.s AG sued the company for using unlawful means to collect credit card debts.
    1 week ago

  • Countrywide II Off to the Races


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    Updated from 9:58 a.m. ET to include Friday afternoon market action and additional information on Penny Mac. NEW YORK (TheStreet) -- Countrywide Financial may have made more subprime housing loans than any other institution before the housing bubble burst, but that certainly didnt scare away investors from the public ...
    1 week ago

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