Rep. Dingell: If Banks Are Too Big, Break Them Up
In the latest broadside from Democrats against big banks, U.S. Rep. John Dingell (D., Mich.) introduced a bill Tuesday that would direct the government to simply break up banks deemed too large to fail. Banks ordered to restructure would also face higher capital requirements.
Categories: Real Time Economy Tags: Bill, John Dingell, Mich., Mr. Dingell, Rep. Dingell, U.S.
Treasury Hit With Blast From the Past
The steps of the U.S. Treasury were hit by a blast from the past on Tuesday.
Categories: Real Time Economy Tags: blast, Secretary Henry Paulson, treasury secretary henry paulson, U.S., U.S. Treasury
College Dropouts Record Higher Divorce Rate
When it comes to marriage, a little college education is dangerous thing.
Categories: Real Time Economy Tags: Adam Isen, college, divorce trends, Ms. Stevenson
CBO Says Jobless Rate Won’t Turn Down Until Mid-Year
The Congressional Budget Office?s new economic and deficit forecast is out today, a week before the White House updates its forecast. Some highlights
Categories: Real Time Economy Tags: CBO, congressional budget office, U.S., United States
A Look at Case-Shiller, by Metro Area (January Update)
The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, was mostly flat in November from a month earlier.
Categories: Real Time Economy Tags: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, David M. Blitzer, Denver, Detroit, index, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, Read, San Diego, San Francisco, Seattle, Tampa, U.S., Washington
A Modest Proposal for the Fed: Term Limits for Chairmen
Here?s a proposal that hasn?t come up, but maybe ought to be on the table: Term limits for Fed chairmen. Two terms, eight years, and then you step down to a governor's job, which gets 14 years, or leave.