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Jack Reed News

News on Jack Reed continually updated from thousands of sources around the net.

Wednesday Jul 1 | Daily Business Review

Joint venture enhances leadership position with added locations, products

The rules are still being debated within the FDIC, the agency that oversaw the sale of BankUnited Financial Corp.

Comment?

Related Topix: Financial Services, Investment Services, US Politics, US News, US Senate, Democrat

Mon Jun 29, 2009

Providence Journal

Air is now cleared over lead-paint settlement funds

The law firm of Decof and Decof has settled its dispute over the payment of fees to firms that helped the state sue the nation's paint companies for toxic lead paints that were widely used in Rhode Island several generations ago.

Comment?

Related Topix: US Politics, US News, US Senate, Sheldon Whitehouse, Democrat, Law, Providence Metro, Providence, RI, Pawtucket, RI

Sat Jun 27, 2009

The Washington Post

Federal Eye

Happy Tuesday! The new Washington Post-ABC News poll suggests Americans still have a generally favorable opinion of President Obama even as confidence slips in his economic stimulus plans.

Comment?

Related Topix: US Politics, US News, US Senate, Democrat

Thu Jun 25, 2009

WBZ TV

Democrats, Industry Battle On Consumer Protections

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Comment?

Related Topix: US News, Foreclosures, Home, Mortgage, Personal Finance, US Politics, Christopher Dodd, US Senate, Democrat

Wed Jun 24, 2009

Clover Herald

Democrats, industry battle on consumer protections

Democrats are pressing the Obama administration to find a way out of the foreclosure crisis as they moved ahead with plans to create a government agency that would police the market for risky or deceptive mortgages.

Comment?

Related Topix: US News, Foreclosures, Home, Mortgage, Personal Finance, US Politics, Christopher Dodd, US Senate, Democrat

Tue Jun 23, 2009

Bloomberg

SEC, CFTC Seek `Unimpeded' Power to Regulate Derivatives Market Together

Primary responsibility for derivatives tied to securities, including credit-default swaps, should go to the SEC, agency Chairman Mary Schapiro told a Senate subcommittee in Washington today.

Comment?

Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, US Politics, US News, Barack Obama, US Senate, Democrat, Financial Markets

Mon Jun 22, 2009

Daily Business Review

Derivatives industry gets second look from Congress

Using President Barack Obama's regulatory overhaul proposal last week as a foundation, a Senate Banking Committee panel is holding a hearing today on how to rein in a market that grew almost seven-fold since 2000 and complicated government efforts to assess the risk of banks' interconnected trading when credit markets froze two years ago.

Comment?

Related Topix: US News, US Politics, Barack Obama, Corporate / Securities Law, Law, Insurance, American International Group, Home, Mortgage, US Senate, Democrat

Fri Jun 19, 2009

The Daily Times

Foreclosures grind on as lenders fail to modify loans

The Obama administration's $75 billion program to reduce foreclosures has been beset by backlogs and delays, leading many overstretched homeowners to complain about unreturned phone calls and inaccurate information from lenders, while others say they were denied help for reasons that weren't clear.

Comment?

Related Topix: Foreclosures, Home, Mortgage, Personal Finance, US News, US Politics, US Senate, Democrat

Thu Jun 18, 2009

TheBostonChannel

Health Care Reform Begins On Capitol Hill

Detailed work on sweeping health care reforms began on Capitol Hill Wednesday morning.

Comment?

Related Topix: US News, US Politics, 2008 Presidential Election, Christopher Dodd, US Senate, Democrat, Lamar Alexander, Republican

MSNBC

White Rep. in black Tenn. district faces fight

Race will likely play a major issue in the August 2010 Democratic primary, for which Steve Cohen is running against a popular black politician.

Comment?

Related Topix: Representative Steve Cohen, US Politics, US News, US House of Representatives, Democrat, 2008 Presidential Election, Memphis, TN, US Senate, Financial Services

Tue Jun 16, 2009

Providence Journal

Actor Kevin Spacey to receive Pell Award in Newport

Breaking with tradition, Trinity Rep's Pell Awards are headed home this year. Some 450 people are expected to gather Saturday at Pelican Ledge, the Newport home of the late Sen.

Comment?

Related Topix: Newport, RI, Providence Metro, Providence, RI, US Politics, US News, US Senate, Democrat, Theater, Arts

Sun Jun 14, 2009

Providence Journal

R.I. to get borrowing assistance for public-works projects

Rhode Island cities and towns will soon be able to borrow, on favorable terms, a combined total of more than $250 million, the state's congressional delegation said on Friday.

Comment?

Related Topix: US Politics, US News, US Senate, Democrat, Rhode Island

Fri Jun 12, 2009

Arkansas Online

Tobacco control gets Senate OK

Sen. Christopher Dodd, D-Conn. , talks Thursday about the Senatea s passage of a bill to regulate tobacco during a Capitol Hill news conference also attended by Sen.

Comment?

Related Topix: US Politics, US News, 2008 Presidential Election, Christopher Dodd, US Senate, Democrat, Richard Durbin, Barack Obama

Thu Jun 11, 2009

NewWest

No Child Left Inside

Something happened, back on Earth Day 2009, that didn't get nearly the fanfare it deserved.

Comment?

Related Topix: US Politics, US News, US Senate, Democrat, US House of Representatives, Representative John Sarbanes, David Wu, Earl Blumenauer, Patty Murray

MediLexicon

The Personalities Making News Around Health Reform

Sen. Chris Dodd has taken the reins on health care reform while he juggles other bills and a tough re-election campaign, Roll Call reports.

Comment?

Related Topix: US Politics, US News, Christopher Dodd, US Senate, Edward Kennedy, Democrat, Health

Tue Jun 09, 2009

Turnto10.com

Consumers share credit-card nightmares

U.S. Sen. Sheldon Whitehouse got an earful Monday from frustrated Rhode Island credit card holders.

Comment?

Related Topix: US Politics, US News, US Senate, Sheldon Whitehouse, Democrat, Rhode Island

Mon Jun 08, 2009

New York Times

Senate Feels an Absence on Health Bill

The run-up to major health care legislation is now a full-on frenzy, and some of the main power-players were in yet another marathon meeting on Monday afternoon in the not-so-secret hideaway office of Senator Edward M. Kennedy .

Comment?

Related Topix: US Politics, US News, US Senate, Edward Kennedy, Democrat, Folk, The Kennedys

Fri Jun 05, 2009

New York Times

In Ratings Agencies, Investors Still Trust

The words sound almost quaint in this post-subprime age: "Credit. Man's Confidence in Man." But there they are, inscribed on a gilded frieze on the 20th floor of the Moody's Corporation - the same Moody's that, along with its peers, stamped gilt-edged credit ratings on many mortgage securities that are now nearly worthless.

Comment?

Related Topix: Financial Services, Moodys, Home, Mortgage, Personal Finance, US News, US Senate, Democrat, US Politics, Corporate / Securities Law, Law, Securities and Exchange Commission

Thu Jun 04, 2009

BusinessWeek

Private Equity Moves In on Banks

Many U.S. banks need cash. Private equity players are eager to give it to them. Will such deals save banks or set the stage for trouble later? In recent weeks big buyout firms have been scooping up banks - and more likely will follow.

Comment?

Related Topix: Investment Banking, Financial Services, Investment Services, New York Metro, US Politics, US News, US Senate, Democrat

Bloomberg

Fortress to Invest $450 Million in Florida Bank With Lightyear, Crestview

Fortress Investment Group LLC , Crestview Partners LP and Lightyear Capital LLC agreed to inject as much as $150 million each into First Southern Bancorp, part of the Boca Raton, Florida-based banka s plan to increase assets.

Comment?

Related Topix: Investment Banking, Financial Services, Boca Raton, FL, North Fork Bancorporation, Banking, US Politics, US News, US Senate, Democrat

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