fiscal crisis

New York Investigates Banks’ Role in Fiscal Crisis

NYT > Business  Mon, 05/16/2011 - 21:03

The state attorney general’s requests covered many aspects of how banks had bundled thousands of home loans into securities, then sold them to investors.


 

Europe’s Fiscal Crisis Could Hinder U.S. Recovery

NYT > Business  Tue, 05/25/2010 - 22:17

Though few experts expect another recession soon, many fear that Europe’s debt problems could cause the American recovery to be slower and more difficult.


 

Magnus Says Greece `Existential' Problem for Euro Area: Video

Topix - Business News  Thu, 04/29/2010 - 13:02

April 29 -- George Magnus, senior economic adviser at UBS Ltd., talks with Bloomberg's Erik Schatzker about the impact of Greece's fiscal crisis on the euro region and financial markets.


 

'Significant chance' of second financial crisis, warns World Eco...

Newsvine - business  Fri, 01/15/2010 - 10:10

There is now more than a one-in-five chance of another asset price bubble implosion costing the world more than £1 trillion, and similar odds of a full-scale sovereign fiscal crisis, a key report warned.


 

Wall Street wrings money from strapped cities

MSNBC.com: Business  Sun, 11/22/2009 - 11:41

Donna Snyder, Hoosier's vice-president for finance for Hoosier Energy Rural Electric Cooperative, calls a John Hancock Financial Services' $120 million fee against Hoosier "a huge challenge." Local governments and public entities, already reeling from the recession, face another fiscal crisis: billions of dollars in fees owed to Wall


 

Report: 10 states face looming budget disasters

Newsvine - business  Wed, 11/11/2009 - 12:04

California's ongoing fiscal crisis has attracted national attention, but a study warns that nine other states are barreling toward similar economic disaster.


 

Schwarzenegger legacy entwined with fiscal crisis

Newsvine - business  Sat, 07/04/2009 - 12:49

California voters gave Arnold Schwarzenegger a single, blockbuster-sized mission when they sent him to Sacramento six years ago in an unprecedented election: Fix California's chaotic budget system, once and for all.


 

Fiscal Crisis Lifts Standing of India Fed’s Ex-Chief

NYT > Business  Thu, 06/25/2009 - 15:23

The former governor of the Reserve Bank of India is taking a victory lap as the country’s economic growth continues and its banks survive without government help.