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Tag Archives: financial crisis

Pros and cons of five years of Dodd-Frank

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It has been five years since the Dodd-Frank Act was signed into law but if its critics have their way, it will not see a sixth anniversary. The law — aimed at preventing a financial crisis like the one in ...

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Transcripts show Fed slow to grasp crisis

WASHINGTON — The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude. “We’re crossing certain lines. We’re doing ...

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Fewer U.S. banks failing as industry strengthens

WASHINGTON — U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re helping support an economy slowed by high unemployment, flat pay, sluggish ...

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US bank earnings rose this winter to 5-year high

WASHINGTON — U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.   The mostly positive first-quarter earnings ...

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