financial crisis

Former British banker gets knighthood revoked

Marketplace  Wed, 02/01/2012 - 04:46

Fred Goodwin led the Royal Bank of Scotland when it nearly collapsed during the financial crisis in 2008. The queen has now taken away his title of knight, leaving him in some less-than-honorable company.


 

As Greek Financial Crisis Deepens, Niarchos Foundation Pledges $...

PND - Philanthropy News Digest  Tue, 01/24/2012 - 00:20

Funds pledged by the foundation will be used over the next three years to help ease the adverse effects of the deepening socioeconomic crisis in debt-plagued Greece....


 

GM takes over as world's top-selling automaker

Marketplace  Fri, 01/20/2012 - 07:54

General Motors has reclaimed the title of world's top-selling automaker, the first time GM has held the top spot since it was bailed out by the U.S. government after the financial crisis.


 

90% of Americans say economy stinks

Economic news - CNNMoney.com  Fri, 09/30/2011 - 04:04

Three years after a financial crisis pushed the country deep into recession, an overwhelming number of Americans -- 90% -- say that economic conditions remain poor.


 

Bank of America to layoff thousands

Marketplace  Fri, 09/09/2011 - 13:56

The bank, still digging itself out of the financial crisis, plans to cut thousands of workers as it struggles to regain investor confidence.


 

Problem banks down - first time since 2006

Economic news - CNNMoney.com  Tue, 08/23/2011 - 08:57

The list of banks at risk of failing shrank in the second quarter -- the first time that has happened since before the financial crisis, according to a government report issued Tuesday.


 

Too Big To Fail: The story behind HBO's movie

Marketplace  Mon, 05/23/2011 - 13:07

Curtis Hanson, director of HBO's "Too Big To Fail" discusses why he decided to make a suspense film about the financial crisis based on Andrew Ross Sorkin's book.


 

Gold can help your stock portfolio balancing act

USATODAY.com Money - Waggoner  Thu, 03/03/2011 - 20:06

Financial advisers often recommend you keep 5% to 10% of your portfolio in gold in case of financial crisis: spiraling inflation, for example.

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Financial crisis was avoidable: FCIC

Economic news - CNNMoney.com  Thu, 01/27/2011 - 09:15

The financial crisis, which wreaked havoc on the economy and sparked a painful recession, could have been avoided, according to a federal commission.


 

Ireland tries to avoid EU bailout

Marketplace  Tue, 11/16/2010 - 16:38

The latest European country in financial crisis -- after instances in Greece, Portugal and Spain -- is Ireland.

Many are urging the Irish to take an EU bailout in order to save the Eurozone bond market and possibly even the Euro, but the country isn't giving in just yet.