Tag Archives: regulations

FDIC Slaps East Bridgewater Savings

What happens if you run a bank responsibly?  The FDIC slaps you with a "needs improvement" rating under the Community Reinvestment Act. From James Pethokoukis at U.SNews.com: There has been a lot of push back against the idea that the Community Reinvestment Act nudged banks to give mortgages to people who should have not gotten them. But then here comes…

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In The News – 02/19/09

GOP Governors to Reject Obama’s Big Spending?
…the governors of Alaska, Idaho, Louisiana, Mississippi, South Carolina, and Texas have all questioned whether the $787 billion bill signed into law this week will help the economy. http://www.boston.com/news/nat… $8 Billion in Fraud, $31,750 Gift to Obama
Stanford’s political action committee gave $31,750 to President Obama’s campaign, the third biggest donation for the…

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