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Madoff in House Arrest, SEC Under Fire

By Grant McCool and John Poirier NEW YORK/WASHINGTON (Reuters) - Disgraced Wall Street investment manager Bernard Madoff, accused of orchestrating a $50 billion fraud, was put under house arrest on Wednesday. BNP Paribas SA became the latest..... read more | digg story Full

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New credit card rules for consumers

The disclosure regulations will provide credit card users with more information about the negative impacts of late payments and paying minimum amounts, as well as more prominent information on rates and fees. (Reporting by Karey Wutkowski and John Poirier, editing by Gerald E. McCormick)

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U.S.credit card rule changes approved by regulator

U.S.credit card rule changes approved by regulatorThu Dec 18, 2008 10:38am ESTBy John Poirier and Karey WutkowskiWASHINGTON (Reuters) - Rules aimed at preventing credit card holders from being hit by unfair and deceptive practices such as surprise fees and interest rate hikes were approved on Thursday by a U.S. banking regulator.The new regulations are expected to bring some relief to...

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UPDATE 2-U.S.credit card rule changes approved by regulator

(Adds industry and analyst comments, details on new rules, byline)By John Poirier and Karey WutkowskiWASHINGTON, Dec 18 (Reuters) - Rules aimed at preventing credit card holders from being hit by unfair and deceptive practices such as surprise fees and interest rate hikes were approved on Thursday by a U.S. banking regulator.The new regulations are expected to bring some relief to millions...

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U.S. credit card rule changes approved

... on Thursday to approve the same regulations, which go into effect on July 1, 2010.OTS Director John Reich said in a statement that the rule will "ensure fair treatment" for the millions of American credit cards users."The rule will enhance public confidence in financial institutions and establish a level playing field for institutions that want to do business fairly without suffering competitive...

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Banks and consumers brace for new credit card rules - Reuters

Boston Globe Banks and consumers brace for new credit card rules Reuters - 56 minutes ago By John Poirier WASHINGTON (Reuters) - The US credit card industry, harshly criticized for imposing surprise fees and interest [...]

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Baby found alone in car at SC strip nevaeh.

Larissa is unprosperous pro this preference. By John Poirier and Rachelle Younglai WASHINGTON Reuters US banking regulators swooped in to seize mortgage lender IndyMac Bancorp Inc IMB. Tolson said he attempted to revive her with CPR but was unsuccessful. Note The Oak Fest Web site lists incorrect bell times for these events. Lot of weeds Housing Authority lax on heeding city ordinance...

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Madoff appears in court

TheStar.com | Business | Madoff appears in court Madoff appears in courtREUTERS Bernard Madoff walks back to his apartment in New York after a court appearance, December 17, 2008. Once-mighty financier placed under house arrest as SEC chief laments watchdog's failureDec 17, 2008 03:25 PM Grant McCool and John Poirier ReutersNEW YORK/WASHINGTON – Disgraced financier Bernard Madoff, accused...

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Homeowners Redefaulting After Getting Aid

From Reuters: Homeowners redefaulting after getting aid Mon Dec 8, 2008 3:26pm EST Reuters By John Poirier and Patrick Rucker WASHINGTON (Reuters) More than half of mortgages modified in a bid to avoid foreclosure fell delinquent within six months, a top U.S. banking regulator said on Monday, casting doubt on a proposal to rewrite home loans en masse. Comptroller of the Currency John...

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Chances of WMD attack in big city greater: report

... urged President-elect Barack Obama to take a tough line with Iran and North Korea.(Reporting by John Poirier)

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Chances of WMD attack in big city greater: report

... urged President-elect Barack Obama to take a tough line with Iran and North Korea.(Reporting by John Poirier)© Copyright 2008 Reuters. Reuters content is the intellectual property of Reuters or its third-party content providers. Any copying, republication, or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior...

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U.S. problem banks rise to 171 at end of third quarter: FDIC

... income fell 94 percent from the previous year to $1.7 billion in the third quarter.(Reporting by John Poirier and Karey Wutkowski; Editing by Tim Dobbyn)