Sheila Bair

Financial Law Definition Financial Law encompasses everything its very name implies. From banking, to securities and commodities, and even broker disputes, Financial Law and financial lawyers cover all aspects of money handling and transactions. Whether you are a high stress broker working on Wall Street, a small business owner, or if you are investing you own money for retirement, you should at least be familiar with the major sections of financial law . Learn everything about...Read Full Story

The Wall Street prefers privatized profits and socialized crony capitalism. The Bank of America has allegedly transferred 75 trillion dollars in potentially toxic derivatives so the "money" to be covered by the Federal Deposit Insurance Corporation (FDIC) . The taxpayers may once again insuring the risky financial bets of another bank "too big to fail." The  loss of $75 trillion,possibly insured by government money, dwarfs budget deficit "austerity" talks. The Federal Deposit Insurance...Read Full Story

The White House plans to nominate former Bush administration official Jeremiah Norton to the Federal Deposit Insurance Corp., a key banking regulator.Read Full Story

The White House plans to nominate former Bush administration official Jeremiah Norton to the Federal Deposit Insurance Corp., a key banking regulator.Read Full Story

WASHINGTON ( Reuters ) - U.S. bank earnings reached their highest point since the second quarter of 2007 but the industry continues to have trouble boosting revenue with the economy struggling. The Federal Deposit Insurance Corp said on Tuesday that the industry earned $35.3 billion in the third quarter, an $11.5 billion increase from a year before. That number is up $6.7 billion from the second quarter. The industry continues to boost profits, however, by setting aside less to guard against...Read Full Story