Obama proposes tough limits on largest banks
By Michael D. Shear and Binyamin Appelbaum
Washington Post Staff Writer
Friday, January 22, 2010
President Obama expanded his new offensive on Wall Street on Thursday, proposing rules that would impede the growth of the largest banks and bar them from making what he called "reckless" investments.
Goldman Sachs earns $13 billion in 2009
By Tomoeh Murakami Tse
Washington Post Staff Writer
Friday, January 22, 2010
NEW YORK -- Goldman Sachs reported blockbuster earnings of $13.39 billion for 2009 and said on Thursday that it kept compensation below the levels of its pre-crisis heydays.
Cautious about the economy, big banks report slow lending
By Binyamin Appelbaum
Washington Post Staff Writer
Thursday, January 21, 2010
Two of the nation's largest banks said Wednesday that loan losses generally have stopped increasing but that relatively few customers are seeking new loans, reports that are in broad agreement with other indicators showing that the economy remains weak.
Obama to propose new limits on large banks' size and investments, official says
By Binyamin Appelbaum and David Cho
Washington Post Staff Writer
Thursday, January 21, 2010
President Obama plans to propose new limits Thursday on the size and investments of large banks, a senior administration official said, as the White House intensifies its push to reframe its financial reform agenda as an effort to rein in the companies widely blamed for causing the economic crisis.
Seeds for a colorful garden
By Barbara Damrosch
Special to The Washington Post
Thursday, January 21, 2010
Here come the seed catalogues. Stacks of them are sliding off the desk. They may be going digital, but they are not going away, at least not yet.
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