Steve Syre talks about banking regulations.
“…place. And secondly that there became this whole shadow banking system of investment banking. . Financing mortgage company and that's sold securities -- God knows who around the world and let it get completely out of control …”
The H1N1 swine flu virus is now the predominant flu strain worldwide, although it shows no signs of becoming more virulent and continues to produce mild-to-moderate symptoms in most people, the World Health Organization's flu chief said Thursday. Have you gotten your flu shot?
“…they prioritize. Giving these out the wrong way. So a Lehman Brothers investment banking banking outfit has gotten their shots before. Public health workers and school -- strong. Port people like genuine that's. You can't that's …”
Tim Cahill talks about his job, the state and the economy with Todd and Avi
“…Everything we used to all the investment banking world this change mean this is this less of them around there really aren't more pure investment banks left anymore. And we …”
Steve Syre
“…the times is hired Goldman Sachs which is by the way the investment bank that they've been using the try to sell their Red Sox -- and now they're gonna. Put the global on the market …”
Steve Syre from the Boston Globe talks about the subprime mortgage story...Massachusetts Attorney General Martha Coakley has reached a $60 million agreement with a Wall Street investment bank that helped facilitate the frenzy of subprime lending that saddled so many homeowners with mortgages they could not afford to pay.
Howie talks about the bill passed by the house which taxes 90% of the rention bonuses received by AIG employess in what aooears to be a Bill of Attainder.
“…used as a laundromat. By the government -- funnel money -- to investment bank's foreign banks and even hedge funds. Two to -- to cover these crappy bats. -- and you don't Goldman Sachs which was …”
The Globe's Plight is Howie's Pleasure
Howie shows his sympathies towards the Boston Globe's possible demise... yeah right.
“…is based on several accounts losing one million dollars a week one investment bank recently said the papers only worth twenty million Belichick. …”
Citigroup needs to bailed out!? Didn't they try to purchase Wachovia Bank a few months ago? Do they need help? Steve Syre from the Boston Globe explains the ins and outs with Citigroup and billion dollar bailout.
“…is right in the central all the integrated city as a huge investment banking operation in all kinds of other things. But at its core it's that it's. A federally insured federally regulated bank. That you …”
The House Financial Services Committee chair talks about the bailout bill he was instrumental in getting done and takes your calls on it.
“…But apart. It. -- it will. And regularly. By equity and investment bank and on. But. What are. -- This is that what democracy. …”
Richard Fuld, the chief executive officer of Lehman Brothers Holdings Inc., said the investment bank was felled by rumors, out-of-date rules and slow reactions by regulators that fueled a ``storm of fear'' on Wall Street.
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