New York’s New AG Stands Up to Big Banks

(Source: Chron) – So here’s Eric Schneiderman, of whom you’ve probably never heard, who last year was elected attorney general of the state of New York, a job that arguably makes him the third most-influential state officeholder in the nation, behind...

Is Another Bank Bailout Brewing?

(Source: MarketWatch By Kurt Brouwer) – If you thought the $800 billion TARP program was the end of our government’s bailout bonanza for wayward banks, you’re wrong.  If you thought the Fed’s secret $1.2 trillion loan program for foreign and domestic banks was...

Wells Fargo Jumps on Commercial Deals

(Source: Wall Street Journal BY ELIOT BROWN) – At a time when the U.S. banking sector is reducing its exposure to commercial real estate, Wells Fargo & Co. has taken a different approach: expanding lending to the sector while also buying real-estate loans...

Banks Waive Fees in States Hit by Irene

NEW YORK (Source: By Candice Choi, AP Personal Finance Writer) — Several banks are waiving a variety of fees for customers hard hit by Hurricane Irene.Chase says it will waive fees for customers in 13 states through Sunday. The waived fees include overdraft and...