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Results 1 - 20 of 6,030 in Cohen Group

  1. The Sane Case for Auditing the FedBy Nick GillespieRead the original story w/Photo

    46 min ago | The Daily Beast

    The Federal Reserve, which was just caught paying footsie with Goldman Sachs, is as shadowy as it is powerful. So why can't Congress bring itself to actually audit the damn thing? If you want to get a sense of just how incredibly powerful the Federal Reserve really is, forget about interest rates, reserve requirements, or even the ways in which a random nose-pick or burp by Janet Yellin during lunch at a Jackson Hole delicatessen might send markets soaring or crashing.

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  2. WTI Oil Slumps Below $90 First Time in 17 Months as Supply GrowsRead the original story

    1 hr ago | The Washington Post

    West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand. Brent, Europe's benchmark, headed for a bear market.

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  3. Our Dysfunctional Financial SystemRead the original story w/Photo

    2 hrs ago | Time

    In some ways, the most shocking thing about the 46 hours of secret audiotapes made by former Federal Reserve bank examiner Carmen Segarra in 2012 is that they are no shock at all. Did anyone ever doubt that the New York Fed was in hock to Wall Street? Or that Fed bank examiners-the regulators tasked with monitoring the risks banks take-might fear alienating the powerful financiers on whom they depend for information or future jobs? It's one thing to know and another to hear in painful, crackling detail how the Fed's financial cops slip on their velvet gloves to deal with Goldman Sachs.

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  4. ICAC cuts cotton price forecast to six-year lowRead the original story

    3 hrs ago | Agrimoney.com

    The International Cotton Advisory Committee cut its forecast for cotton prices to a six-year low, despite sticking by a relatively upbeat estimate for Chinese imports, for which many other commentators are cutting expectations after quota curbs. The intergovernmental group cut its cotton price forecast for 2014-15 for a second successive month, this time by 5 cents to 75 cents a pound, taking the estimate below the 2009-10 result of 78 cents a pound.

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  5. Argentine central bank boss Fabrega resignsRead the original story w/Photo

    6 hrs ago | Deutsche Welle

    The boss of Argentina's central bank has stepped down as the country attempts to battle an economic slowdown and possible debt default. Juan Carlos Fabrega's resignation follows a long policy dispute with the government.

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  6. Why the Fed Is So WimpyRead the original story

    Yesterday | The Big Picture

    Another in what seems to be a small parade of scandals involving secretly recorded tapes of Federal Reserve regulators emerged last week. What a number of writers have written about regulatory capture over the past decade was brought out into the open, at least for a while.

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  7. JPMorgan downgraded to Neutral from Buy at UBSRead the original story

    Thursday Sep 18 | Theflyonthewall.com

    Judge says JPMorgan must face class action suit over $10B MBS case, Reuters says A federal judge ruled that JPMorgan must face an investor led class action lawsuit that claims the bank misled investors about the safety of $10B of mortgage-backed securities, or MBS, it sold before the financial crisis, Reuters reports. Judge Paul Oetken certified a class action for JPMorgan's liability, but not for damages, saying it was unclear how investors could value the certificates they bought.

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  8. IPO Preview: VWR Corp.Read the original story w/Photo

    6 hrs ago | Seeking Alpha

    Based in Radnor, PA, VWR Corp. scheduled a $600 million IPO on the NYSE with a market capitalization of $3 billion at a price range midpoint of $23.50 for Thursday, October 2, 2014. Manager, Co-managers: BofA Merrill Lynch, Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank, Citi, Jefferies, William Blair Joint-managers: Cowen & Company, Mizuho Securities, SMBC Nikko, Drexel Hamilton, Loop Capital Markets Summary VWR is a leading, independent provider of laboratory products, services and solutions to the global life science, general research and applied markets.

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  9. IPO Preview: WayfairRead the original story w/Photo

    8 hrs ago | Seeking Alpha

    Based in Boston, MA, Wayfair scheduled a $292 million IPO on NYSE with a market capitalization of $2.2 billion at a price range midpoint of $26.50 for Thursday, Oct. 2, 2014. Manager, Co-managers: Goldman Sachs, BofA Merrill Lynch, Citi Joint-managers: Allen & Company, Pacific CrestCo, Piper Jaffray, Wells Fargo Securities, Canaccord GenuityCo, Cowen & Company,Raymond James Summary Through its e-commerce business model, W offers visually inspiring browsing, compelling merchandising, easy product discovery and attractive prices for over seven million products from over 7,000 suppliers across its five distinct brands - Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane.

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  10. Paulson Discusses Financial Crisis, U.S.-China RelationsRead the original story w/Photo

    9 hrs ago | Harvard Crimson

    Former Secretary of the Treasury, Henry M. Paulson Jr., talks on China, climate change, and the international political economy with Harvard Business Review editor-in-chief Adi Ignatius at the JFK Forum on Wednesday. Former U.S. Treasury Secretary Henry M. "Hank" Paulson Jr. spoke at the Institute of Politics Wednesday evening, citing poor communication during the 2008 economic crisis as one of his failures during his tenure in Washington.

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  11. 3 takeaways from Modi's visit to AmericaRead the original story

    10 hrs ago | PressReleasePoint

    Yesterday, Indian Prime Minister Narendra Modi wrapped up a five-day visit to New York and Washington, DC. His packed schedule included an address to the United Nations General Assembly , a speech to 19,000 adoring Indian-Americans in Madison Square Garden, an appearance alongside Hugh Jackman at the Global Citizen Festival in Central Park, dinner with President Obama and senior administration officials, a visit to Washington's Martin Luther King Jr. memorial with Obama, and a lunch hosted for him jointly by Vice President Joe Biden and Secretary of State John Kerry.

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  12. Robert J. Samuelson: Finance lessons - Letting key fiscal institutions fail can backfireRead the original story w/Photo

    11 hrs ago | Deseret News

    The New York Times had a fascinating story the other day, which again raises a crucial historical question about the financial crisis: Did Lehman Brothers have to go bankrupt in September 2008? The New York Times had a fascinating story the other day, which again raises a crucial historical question about the financial crisis: Did Lehman Brothers have to go bankrupt in September 2008? WASHINGTON - The New York Times had a fascinating story the other day, which again raises a crucial historical question about the financial crisis: Did Lehman Brothers have to go bankrupt in September 2008? Lehman's failure turned what had been a series of serious problems at financial institutions into a full-blown panic.

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  13. Goldman, JPMorgan CEOs Pursued Private Rescue for AIGRead the original story w/Photo

    11 hrs ago | Insurance Journal West

    The heads of Goldman Sachs Group Inc. and JPMorgan Chase & Co. told federal regulators days ahead of the 2008 government bailout of American International Group Inc. that they were putting together a private rescue of the insurance giant, a New York Fed lawyer testified.

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  14. UPDATE 3-Argentina central bank chief quits, raising policy uncertaintiesRead the original story

    13 hrs ago | Reuters

    Argentina's central bank chief resigned on Wednesday after a long tussle with the economy minister and was replaced with a regulator seen as sympathetic to the interventionist stance of a government fighting one of the world's highest inflation rates. Juan Carlos Fabrega had argued for tighter anti-inflation policies and opposed the government's heavy fiscal spending, but ran up against the powerful economy minister, Axel Kicillof, who pushed to boost growth in the stagnating economy.

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  15. The Lehman Brothers mysteryRead the original story w/Photo

    14 hrs ago | Worcester Telegram & Gazette

    The New York Times had a fascinating story the other day, which again raises a crucial historical question about the financial crisis: Did Lehman Brothers have to go bankrupt in September 2008? Lehman's failure turned what had been a series of serious problems at financial institutions into a full-blown panic. But did Lehman have to crash? The answer from the then top policy-makers - Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and head of the New York Federal Reserve Bank, Timothy Geithner - has been that they lacked the legal authority to rescue Lehman.

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  16. Robert Samuelson: Did Lehman Brothers really have to go bankrupt?Read the original story w/Photo

    14 hrs ago | Monterey County Herald

    The New York Times had a fascinating story the other day, which again raises a crucial historical question about the financial crisis: Did Lehman Brothers have to go bankrupt in September 2008? Lehman's failure turned what had been a series of serious problems at financial institutions into a full-blown panic. But did Lehman have to crash? The answer from the then top-policy makers - Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and head of the New York Federal Reserve Bank, Timothy Geithner - has been that they lacked the legal authority to rescue Lehman.

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  17. Argentina's Central Bank Governor ResignsRead the original story w/Photo

    15 hrs ago | Fox News

    Argentina's central bank governor, Juan Carlos Fabrega, resigned on Wednesday after a long tussle with the government over whether policymaking should focus on taming rampant inflation or spurring growth in the slowing economy. A spokesman for President Cristina Fernandez said Fabrega would be replaced by Alejandro Vanoli, the head of the country's markets regulator.

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  18. Goldman leads investment by Wall Street in new communications platformRead the original story

    15 hrs ago | Lipper HedgeWorld News

    After spending two years developing a wide-ranging communications tool for Wall Street, Goldman Sachs Group Inc. says it has reached the perfect pitch. On Wednesday [Oct. 1], Goldman and 13 partners plan to announce a $66 million investment in a new company called Symphony Communication Services Holdings LLC, according to a draft press release viewed by Reuters.

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  19. Elizabeth Warren: The Feds Are Far Too "Cozy"...Read the original story

    16 hrs ago | Mother Jones

    Pointing to recently leaked audio recordings between officials at the Federal Reserve and Goldman Sachs bankers, Sen. Elizabeth Warren is slamming regulators for being far too timid and compliant when it comes to laying down the law with big banks. "Well, ultimately this report tells us exactly what we already knew - that the relationship between regulators and the financial institutions they oversee is too cozy to provide the kind of tough oversight that's really needed," Warren said in an interview with NPR.

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  20. Evening markets: coffee leads revival in ag commodity pricesRead the original story

    17 hrs ago | Agrimoney.com

    If the market climate began October gloomy, it ended in dappled sunshine in grain pits, and glaring heat in the coffee market, helped by another downbeat forecast for Brazilian production of the bean next year. CoffeeNetwork, part of the INTL FCStone empire, forecast Brazil's coffee harvest, the world's biggest, falling to 47m bags in 2015-16.

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