Brother, can you spare $829 billion?
America’s largest corporations are holding lots of cash, cash equivalents, and short-term investments. This viz breaks it down for 2012, 2006, and 2000.
Foreclosure relief programs didn't have to be "just voluntary"
Faced with evidence of the ineffectiveness of its foreclosure prevention efforts, the Administration shrugs its shoulders and says it has "limited levers." The limitations are not a necessary fact of life, but a function of the view that forcing financial institutions to modify mortgages would be an affront to the dignity and sovereignty of banks.
Causing a furor before it exists
Did you miss this? Republicans say they’re trying to stop the Consumer Financial Protection Bureau from doing anything to jeopardize financial safety-and-soundness. Consumer advocates say that’s code language for the fear of something new in the financial world: independent oversight.