Romney proposes 28 percent top income tax rate
(Reuters) published on February 22nd, 2012 at 02:23 PM Reuters - Republican Mitt Romney, looking for a boost in his presidential campaign, proposed an overhaul of the tax system on Wednesday that he said would cut Americans' tax rates by 20 percent and limit deductions for the wealthy.
JPMorgan, Citi, BofA sued for $949 million by Sealink
(Reuters) published on February 22nd, 2012 at 02:23 PM Reuters - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and more than a half dozen other major banks are being hit with a new lawsuit over $949 million in residential mortgage-backed securities.
Consumer-finance watchdog probes overdraft fees
(AP) published on February 22nd, 2012 at 02:23 PM AP - The government's new consumer-watchdog agency is launching a probe into costly overdraft fees charged by big banks.
U.S. mortgage applications sagged last week: MBA
(Reuters) published on February 22nd, 2012 at 02:23 PM Reuters - Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday.
U.S. proposes to reduce top corporate tax rate: report
(Reuters) published on February 22nd, 2012 at 02:23 PM Reuters - The Obama administration will propose slashing the top income tax rate for corporations to 28 percent from the current 35 percent, as part of a corporate tax reform plan that is set to be announced on Wednesday, the Wall Street Journal said.
Fannie, Freddie need to tighten legal expenses: regulator
(Reuters) published on February 22nd, 2012 at 02:23 PM Reuters - A government watchdog on Wednesday said Fannie Mae and Freddie Mac's regulator needs to curtail the rising cost of their legal expenses since there is no end in sight to the widening taxpayer tab keeping the two firms afloat.
Watchdog: Limit Fannie, Freddie legal fees more
(AP) published on February 22nd, 2012 at 02:23 PM AP - The U.S. government regulator for Fannie Mae and Freddie Mac must do a better job limiting legal expenses paid by the two mortgage giants to their former executives facing lawsuits, a new watchdog report says.
Colorado woman must turn over computer password
(AP) published on February 21st, 2012 at 02:23 PM AP - Sophisticated encryption software has become so readily available and so effective, it's surpassed the federal government's ability to seize computers and gather evidence in criminal cases.
Reuters - The regulator of housing giants Fannie Mae and Freddie Mac on Tuesday outlined a new strategic plan for the two government-controlled firms, stepping into a void left by congressional inaction.
I Was Told There Would Be No Math
(The Motley Fool) published on February 21st, 2012 at 02:23 PM The Motley Fool - In a 2009 NBC/Wall Street Journal poll, 8 in 10 Americans said they were concerned about the federal deficit and growing national debt.