Wednesday, June 10, 2009

Wednesday Evening News -

General Banking News

10 Banks Allowed to Repay $68B in Bailout Money
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/09/AR2009060900891.html?nav=rss_business

Banks Repaying TARP to Be Freed of Bonus Curbs Imposed by Dodd
http://www.bloomberg.com/apps/news?pid=20601087&sid=aziwVj2QFoFI

Taxpayers gain $2.7B on bailout 'investment'
http://money.cnn.com/2009/06/10/news/economy/fed_balance_sheet/?postversion=2009061015

Five of 12 Fed banks say downturn moderating
http://www.marketwatch.com/story/five-of-12-fed-banks-say-downturn-moderating

Sad news
Feds freeze online poker bank accounts
http://www.upi.com/Top_News/2009/06/10/Feds-freeze-online-poker-bank-accounts/UPI-92291244656040/

Treasury appoints pay czar to oversee TARP banks
http://www.marketwatch.com/story/treasury-appoints-pay-czar-to-oversee-tarp-banks

Bank Shareholders Unite!
http://www.fool.com/investing/general/2009/06/10/bank-shareholders-unite.aspx

Bank of America

E-Mails Show Fed Pressure on Bank of America
http://www.nytimes.com/2009/06/11/business/11bank.html?ref=business

Gov to set Lewis' pay
Overseer to Set Executive Pay at Rescued Companies
http://www.nytimes.com/2009/06/11/business/11pay.html?hpw

Wells Fargo

Wells Fargo May Repay Bailout in Pieces
http://www.thestreet.com/story/10512121/1/wells-fargo-may-repay-bailout-in-pieces.html?cm_ven=GOOGLEN

SunTrust

Not the full story
SunTrust Says Citi Poached Employees, Trade Secrets
http://ip.law360.com/registrations/user_registration?article_id=105662&concurrency_check=false

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