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BofA CEO says the bank 'missed the mark'
AP Online; IEVA M. AUGSTUMS; ...recent crisis, many of our collective business judgments missed the mark," Moynihan...unpaid, fell in the fourth quarter, and wrote, "we think the economy will gain...to the credit crisis and recession with risky lending and trading practices. Bank of....
New research on economics from University of Nottingham summarized.
Economics Week; ...regulation allowed bank portfolios to become riskier, especially in terms of increased liquidity...denominated assets and liabilities," wrote K. Amess and colleagues, University...Amess, University of Nottingham, Sch Business, Nottingham NG7 2RD, UK. Publisher....
Data from O. Lorenzo et al provide new insights into business ethics.(Report)
Economics Week; ...ethics of operating in a risky environment and the...knowledge dealing with the business-society relations," wrote O. Lorenzo and colleagues...study in the Journal of Business Ethics (Safety and...Infrastructure. Journal of Business Ethics, 2010;92....
Citigroup CEO says bank on path to profitability
AP Online; STEVENSON JACOBS; ...operations, shed money-losing businesses in the U.S. and shifted...the bank will focus on client businesses in three core areas of its...division holding noncore, riskier assets including the mortgage...profitability," Bove wrote in a research note. "....
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Paul Brickman
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