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Mass shootings have made gun stocks toxic assets on Wall Street
Investment firms are reexamining their portfolios, dropping gun stocks, and asking weapons manufacturers what they are doing to make sure their products don't end up in a mass shooting. This reevaluation comes as public anger over political inaction on ...
Financial Newsletter - ZacksZacks
American Outdoor Brands Corporation - AOBC - Stock Price Today - ZacksZacks

all 206 news articles »

Ventura County Reporter

Conserving nothing
Ventura County Reporter
To fix Gramm's mess, the Fed (without Greenspan) created $3.5 trillion of new money to buy Wall Street's “toxic assets” produced by those “instruments of mass financial destruction.” Democrats rushed a stimulus package to President Barack Obama in ...


The stunning downfall of Bear Stearns and its bridge-playing CEO
The sale was backed by the Fed, which agreed to take some of Bear's toxic assets off its balance sheet. Bernanke later told investigators he feared the collapse of Bear Stearns would freeze all credit markets. His description of Bear's fate stood as a ...

and more »

Business Standard

Need to rethink public ownership of banks, says Aravind Subramanian
Business Standard
Before the LoU scam, the Centre had announced two major measures to deal with the burgeoning level of toxic assets in the banking system. It authorised taking non-performing assets to the National Company Law Tribunal under the insolvency and ...

The Union of Grass Valley

Former, current owners of Lava Cap mine on hook for $32M in clean-up costs
The Union of Grass Valley
Two Newmont entities — Newmont Capital Limited and Newmont Mining Corp. of Canada Limited — settled for $3 million in 2009. In 2012, an initial trial concluded in a ruling in favor of the plaintiffs, who alleged that Sterling CentreCorp and Elder ...

Alaska Dispatch News

Weinstein Co. files bankruptcy with plan to sell film assets
Alaska Dispatch News
Bankruptcies are often used to cleave profitable assets from legacy liability, with the economic rationale of giving a promising business a new start. They usually do so through a trust, which caps the amount that can flow out for issues like faulty ...
Weinstein Co. files for bankruptcy protection with plan to sell itselfCrain's New York Business
To Catch a PredatorNew York Magazine
Exclusive: Time's Up Pens Powerful Open Letter to CuomoThe Cut
all 369 news articles »


Asset risks and the banking industry
Contrary to general perception, declassification of toxic loans as assets from the balance sheet is considered a write-off where the bank provides for the asset. It does not mean that the bank loses the right to recover or that the borrower is not ...

The bipartisan fallacy
The Ellsworth American
The large investment banks were awash in toxic assets and a credit crisis loomed. Even mainstream media talked about the possibility of nationalizing these banks. But rather than even suggest such an option, Obama helped craft a massive bailout not ...

and more »

Irish 'Banks' Sued Over Failed Chicago Spire Project
NAMA was set up by the Irish government to take over non performing, toxic assets held by other Irish banks in the wake of the financial crisis. NAMA ultimately became responsible for the $90 million portfolio, and then sold it to Shelbourne competitor ...

Xafinity sees jump in pension property investments
FT Adviser
The property prices ranged from £35,000 for small office properties to several valued over £1.5m, Xafinity said. The company administers self-invested pension assets worth in excess of £1.9bn and has over 5,000 clients. During last year, over 100 new ...

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