HomeUnited States housing bubble News – US Federal Reserve, United States, Standard & Poor's, RBS, The RBusinessUnited States housing bubble News – US Federal Reserve, United States, Standard & Poor's, RBS, The R

United States housing bubble News – US Federal Reserve, United States, Standard & Poor's, RBS, The R

The Fed Gets a Bubble Cop
In a speech on Thursday, Federal Reserve governor Jeremy C. Stein, who joined last year, focused on parts of the financial markets that show signs of overheating.

Analysis: Even brief spending cuts could hit U.S. economy hard
WASHINGTON (Reuters) – The U.S. economy could take a big hit from automatic government spending cuts even if Congress only leaves them in place for a month or two.

U.S., S&P Settle in For Bitter Combat
The U.S. government wants Standard & Poor’s Ratings Services to pay more than $5 billion���roughly what its parent company has earned in the past seven years���for giving its seal of approval to bundles of subprime mortgages that eventually crumbled, costing investors billions and helping sink the economy.

RBS to be hit with about $630 million fines over Libor
LONDON (Reuters) – Royal Bank of Scotland (RBS) will be punished for its role in the global interest-rate rigging scandal with fines of around 400 million pounds ($627 million), sources familiar with the situation said.

RBS braces for hefty Libor penalties
The Royal Bank of Scotland expects regulators to impose substantial fines and other sanctions to settle claims that it rigged global benchmark interest rates.



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