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  Thursday, 31 Mar 2011 | 9:36 AM ET

Opening the Discount Window

Posted By: John Carney
Federal_reserve_blg_seal3.jpg
Getty Images

The Federal Reserve Thursday will release documents revealing which banks came to its emergency lending window during financial crisis.

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  Thursday, 31 Mar 2011 | 9:08 AM ET

JPMorgan's Dimon: 'The Nail in Our Coffin for Big American Banks'

Posted By: Julia La Roche
  Wednesday, 30 Mar 2011 | 5:03 PM ET

When Krugman and Greenspan Fight, Everyone Wins

Posted By: John Carney
  Wednesday, 30 Mar 2011 | 4:59 PM ET

Gadaffi Is Winning in Libya

Posted By: John Carney
A Lybian rebel stands on March 22, 2011 as rebel forces massed for a second day on several kilometres from the key city of Ajdabiya to try to attack government forces that have encircled the town.
Patrick Baz | AFP | Getty Images
A Lybian rebel stands on March 22, 2011 as rebel forces massed for a second day on several kilometres from the key city of Ajdabiya to try to attack government forces that have encircled the town.

A week or so before Obama launched the attack on Libya, we warned that while an air-campaign could likely ground Gadaffi’s air force—hopes that it would accomplish much more were unfounded.

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  Wednesday, 30 Mar 2011 | 4:52 PM ET

Federal Reserve Rejects AIG Offer to Buy Mortgage Assets

Posted By: John Carney
AIG
AIG

The Federal Reserve announced Wednesday that it was declining an offer from American International Group to buy the mortgage-related assets it holds in its Maiden Lane II portfolio.

Instead of selling the assets as a block to a single buyer, the Fed says it will sell the assets in individually and in blocks in a “competitive process.” Earlier reports have said that the Fed was considering an auction for the assets.

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  Wednesday, 30 Mar 2011 | 3:56 PM ET

Senator Mark Begich: America Is Falling Behind in Energy

Posted By: Lori Ann LaRocco
NN_c_suite_200.jpg

Every time there is a crisis in the Middle East and gasoline prices go up, we start hearing from the halls of Congress the need for a "comprehensive energy policy." It's almost a running joke.

Everyone admits we need such a policy but no one can agree on anything and nothing happens. Instead we get piecemeal legislation.

On the morning of the President delivering his energy speech calling for boosting oil and natural gas production and cutting oil imports, the Democratic leadership invited selected press for a business media roundtable. The Senators spoke a bit on tax reform and job creation.

I decided to ask Democratic Senators Mark Begich \(AK\), Mark Warner \(VA\), Amy Klobucher \(MN\) Ron Wyden \(OR\), and Jeanne Shaheen \(NH\) on the amount of jobs an energy policy could create. I pointed out in one of my interviews with Harold Hamm CEO of Continental Resources \(CLR\) that he told me he has 10,000 job openings.

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  Wednesday, 30 Mar 2011 | 3:41 PM ET

Mortgage Bankers Are Still Clueless

Posted By: John Carney
Foreclosure Sign
Getty Images
Foreclosure Sign

You would think that mortgage lenders would be chastened by the financial crisis and prolonged economic slump. After all, mortgage loans played a central role in the calamity from which we are still struggling to recover.

But you’d be wrong.

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  Wednesday, 30 Mar 2011 | 2:16 PM ET

Why the New Mortgage Risk Rules May Fail

Posted By: John Carney
Mortgage
CNBC.com
Mortgage

Yesterday financial regulators proposed a set of rules intended to lower mortgage defaults by requiring banks to retain five percent of the risk when they package home loans as securities. Unfortunately, the plan relies on banks to adequately self-regulate their lending practices—something they’ve shown time and again they are not very good at.

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  Wednesday, 30 Mar 2011 | 1:47 PM ET

Galleon's Strategy Was To Have "Two Torpedoes In The Water"

Posted By: Katya Wachtel, Business Insider
Raj Rajaratnam
AP
Raj Rajaratnam

In the witness stand yesterday, former Galleon portfolio manager Adam Smith told jurors about the world inside Raj Rajaratnam's hedge fund.

He testified that in addition to legitimate research, traders and analysts were encouraged to find out confidential numbers—concrete figures connected to revenue, or earnings, or impending deal pricings—before they were released publicly.

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  Wednesday, 30 Mar 2011 | 11:22 AM ET

Barclays: Home Is Where Your Regulatory Costs Are the Lowest

Posted By: John Carney
Barclay's Bank
AP
Barclay's Bank

Barclays is considering moving its global headquarters from London to New York.

Why?

The regulatory capital requirements are higher in the U.K.

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