Banks
Bank Fears Hit U.S. Futures
U.S. stock futures fell Monday amid continuing concerns over the fallout from fraud allegations against Goldman Sachs Group.
More than two hours before the start of trading, Dow Jones Industrial Average futures were 48 points lower at 10936. The S&P 500 futures fell 8.1 points to 1182.2 and Nasdaq 100 futures lost 7.75 points to 2002. […]
Greedy Bankers:Ex-NY bank president first accused of TARP fraud
NEW YORK (Reuters) – The former president of New York’s privately held Park Avenue Bank was arrested and charged on Monday with being the first person to attempt to steal from U.S. government bailout funds in the financial crisis.
A 10-count criminal complaint accused Charles Antonucci of devising “an elaborate round-trip loan transaction” that he told […]