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Fed Plans Crackdown on Big Bucks for Bankers The Fed wants to adjust bank compensation to discourage excessive risk-taking. ABC NewsStocks` rise hinges on Fed and data NEW YORK (Reuters) - stocks could extend their rally and the Dow industrials may climb above 10,000, should the Fed's policy-makers and economic data support the view the economy is recovering from recession. ReutersDon`t Trip in Search for Bond Yields The Fed's policy of driving interest rates down toward zero may have kept the financial system alive. But it is driving savers to do desperate things -- like barging into bond funds. Wall Street JournalFed Considers Sweeping Rules to Regulate Pay at Banks The Federal reserve's rules, which would reportedly apply not just to executives, would scrutinize the structure of compensation in an effort to discourage excessive risk-taking. New York TimesFed plan would police banks` pay The Federal reserve for the first time would police banks' pay policies to make sure they don't encourage excessive risk taking under a plan the Fed is drafting. Houston ChroniclePushback Against Obama: It`s About Race, And It Isn`t On black radio, the assumption is that the president is getting pushback — because he's black. On conservative radio, nothing could be further from the truth. Both sides are nearing a boiling point, and in both cases, anger feeds on fear. NPRNYT: Fed readies bank pay rules The Federal reserve is preparing what would be the most sweeping rules yet to regulate the pay at banks across the country. MsnSeven Days Without: Doing without convenience food isn`t convenient Some nights, I just don't feel like making dinner. OK, most nights. So I've fallen into the habit of feeding my family food that is tasty and healthy, but most of all convenient. The Salt Lake TribuneFrom Frying Pan Into Bond-Fund Fire The Fed's policy of driving interest rates down toward zero may have kept the financial system alive. But it is driving savers to do desperate things -- like barging into bond funds. Wall Street JournalFed Presses Banks On Pay Scales For Employees The Federal reserve is proceeding with plans to oversee the compensation policies of the banks it regulates. The Fed says it hopes to block policies that encourage too much risk taking. NPR1 2 3 |
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