BNP Paribas S.A. News
French Bank Comes Clean
BNP Paribas reportedly paying U.S. $9 Billion for illegal trades.
GM Recalls Outnumber Six Years of Sales
Morning Money Memo… The numbers are staggering. In the first six months of this year General Motors announced the recall of more than 29 million cars. That’s the largest number of recalls ever in one year by a single auto manufacturer. So far GM’s new...
Ousted American Apparel Founder Eyes New Suit
Morning Money Memo… Dov Charney plans to fight his ouster as CEO and chairman of American Apparel. Charney’s lawyer accused the board of directors of illegally firing him last week, says The Los Angeles Times. In a 5-0 vote the board agreed to replace Charney...
YouTube Rates Your Internet Service Provider
Morning Money Memo… YouTube is the latest internet streaming service to push back against slow download speeds by cable companies and other providers of broadband. YouTube – owned by Google (GOOG) – is rating speeds and download service in different cities across the country, releasing...
Excerpt: 'Stress Test' by Timothy Geithner
Reprinted from STRESS TEST by Timothy F. Geithner. Copyright © 2014. Published in the United States by Crown, a division of Random House LLC. By the summer of 2007, the subprime market was imploding. Borrowers with “no-doc loans” (without proof of income) and “liar loans”...
Be Afraid! The Scariest Quotes About the Debt Crisis
Leaders of the world's foremost financial institutions gathered this weekend in Washington, D.C., to discuss the looming debt crisis. While most of the finance ministers, CEO's and economists believe U.S. politicians will get their act together in time to avoid a default, they spared no words in
Four Common International Travel Fees and How to Avoid Them
Airfare and passports aren't the only reasons you'll pay more to travel abroad. International travelers have to grapple with a diverse throng of additional fees that increase the cost of everything from currency exchange to credit card usage. Here's how to avoid the most common fees plaguing
Stocks Drop to Begin Wall Street Week
The Dow futures were way down ahead of the bell NBC troubling Europe today as well. worth more issue arising from Bloomberg TV happy Monday to Sheila. I think I sort of understated it there we've seen major drops overseas in Europe. He's Greece epicenter of what we're seeing today. Absolutely
Money saving ways to still go on vacation
It's not too late to sneak in a little summer vacation or plan a post-Labor Day getaway — despite the jittery economy and higher travel costs that may have kept you home. Domestic airfares are 5% higher on average than last August, Travelocity's booking data show. International fares are about 10%