Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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Global regulators seal final post-crisis banking rules

Regulators from around the world polished off the final set of new regulations for banks in Frankfurt on Thursday, the Basel Committee on Banking Supervision said in a statement, closing a saga begun at the height of the financial crisis. Completing the so-called “Basel III” reforms “represents a major milestone that will make the capital framework… Please follow and like us:

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Net Investment Flows Turn Positive As Growth Picks Up

Nearly ten years on from the start of the financial crisis and it looks as if the recovery is well and truly here. According to Bloomberg, the second quarter was the best earnings season for US companies in 13 years, with more than three-quarters of the Standard & Poor’s 500 member companies beating analyst expectations. Even… Please follow and like us:

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Americans Are So Over the Financial Crisis … Or Are They?

A decade after the Great Recession, Americans say that the event had no impact on their lives — yet their spending and investing behaviors tell a different story, according to new data from Hartford Funds. According to a survey of 1,006 American adults, 40% of respondents said that the financial crisis had no impact on their… Please follow and like us:

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Repeal Dodd-Frank, eliminate the Consumer Financial Protection Bureau

WASHINGTON, November 29, 2017 – While there is currently a debate about who is actually in charge of the Consumer Financial Protection Bureau (CFPB), maybe this is a good time to talk about eliminating the CFPB entirely. Dodd-Frank and the Consumer Financial Protection Bureau In 2010 Congress passed the Dodd-Frank bill which was designed to reform… Please follow and like us:

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Jesse Eisinger: Prosecutors Are Too Chicken to Rein In Wall Street

Acute fear of failure permeates the United States judicial system when it comes to prosecuting top-level corporate executives for malfeasance; ergo, they simply walk away without punishment. Case in point: No chieftains from the big banks went to jail for their wrongdoings in the financial crisis, and rich and powerful white-collar fraudsters in other major industries… Please follow and like us:

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Is the Financial Crisis Really Over?

The major economies of the world keep expanding. According to official statistics, output is increasing, unemployment rates are declining, while stock and house prices edge higher. Investor risk aversion, which rose to very high levels in the period of financial market turmoil, has come down considerably, lending a boost to credit transactions and pushing asset prices… Please follow and like us:

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Fed raises key interest rate

WASHINGTON — Federal Reserve policymakers on Wednesday enacted their third small hike in a key interest rate in six months, a move that will push it above 1 percent for the first time since the 2008 financial crisis. The 0.25 percentage point increase in the federal funds rate, which was widely expected by financial markets, was… Please follow and like us:

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Another Financial Crisis Is On The Way, Warns Former Goldman Sachs Exec

As President Trump pushes to sell off public assets to financial firms and eliminate financial regulations, former Goldman Sachs executive Nomi Prins says America is on the verge of another financial crisis. Prins, who is now a journalist and author of “All the President’s Bankers,” argues that lawmakers’ refusal to pass legislation breaking up the big… Please follow and like us:

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Why Dodd-Frank – or its repeal – won’t save us from the next crippling Wall Street crash

Jena Martin, West Virginia University and Karen Kunz, West Virginia University Photo by George Eastman House Republicans appear poised to roll back Wall Street regulations passed after the 2008 financial crisis. Democrats argue doing so would be a “monumental mistake.” It’s been framed as a typical fight over regulation. Democrats want more to protect taxpayers and… Please follow and like us:

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