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Highlights

A collection of news and information related to Business Institutions published by this site and its partners.

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    May 21, 2013 |Story| Daily Pilot
  1. Irvine financial institution donates up to $1M to charities

    Four area nonprofits will receive support through Irvine-based financial institution First Foundation's Supporting Our Communities initiative, the company announced in a news release.
    Four area nonprofits will receive support through Irvine-based financial institution First Foundation's Supporting Our Communities initiative, the company announced in a news release. The donations to the Orangewood Children's Foundation, Court...

    Tags: Financial and Business Services

  2. May 22, 2013 |Column| Chicago Tribune
  3. Rosenthal: Jamie Dimon survives a scare

    Back when Jamie Dimon still lived in Chicago, before he had ascended to the top of New York-based JPMorgan Chase, his Gold Coast home earned a reputation each Halloween as a must-visit destination, drawing trick-or-treaters from well beyond the...

    Tags: Tampa, Politics, Companies and Corporations, Exxon Mobil Corporation, AFSCME

  4. May 19, 2013 |Story| Los Angeles Times
  5. More poor live in suburbs than in urban areas, research shows

    Bucking longstanding patterns in the United States, more poor people now live in the nation's suburbs than in urban areas, according to a new analysis.
    Bucking longstanding patterns in the United States, more poor people now live in the nation's suburbs than in urban areas, according to a new analysis. As poverty mounted throughout the nation over the past decade, the number of poor people living in...

    Tags: Hofstra University, Brookings Institution, Social Services, Poverty, Social Issues

  6. May 20, 2013 |Story| Baltimore Sun
  7. More poverty in Baltimore's suburbs than in Baltimore

    More people live in poverty in Baltimore's suburbs than in the city itself, part of a nationwide shift that is challenging the largely urban assistance network built up over decades.
    More people live in poverty in Baltimore's suburbs than in the city itself, part of a nationwide shift that is challenging the largely urban assistance network built up over decades. Suburban poverty in the Baltimore area grew 58 percent between 2000 and...

    Tags: Politics, Brookings Institution, Government, Poverty, Social Issues

  8. May 15, 2013 |Story| Baltimore Sun
  9. Maryland economy will continue to feel government spending cuts

    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve Bank of Richmond.
    Maryland for years benefited from its close proximity to the nation's capital, but the mandatory federal spending cuts called sequestration will be a drag on the state's economy for the next couple of years, said the president of the Federal Reserve...

    Tags: Federal Reserve, Finance, Inflation and Deflation, Economy, Business and Finance

  10. May 14, 2013 |Story| Los Angeles Times
  11. Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals

    Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...

    Tags: Politics, U.S. Congress, Prisons, Federal Reserve, Ben Bernanke

  12. May 14, 2013 |Story| Orlando Sentinel
  13. Florida officials announce details to halt public-assistance fraud

    Florida officials are cracking down on those who rip off taxpayers by defrauding public-assistance programs — a crime estimated to cost the state as much as $1.35 billion last year.
    Florida officials are cracking down on those who rip off taxpayers by defrauding public-assistance programs — a crime estimated to cost the state as much as $1.35 billion last year. On Tuesday, leaders from the Department of Children and Families...

    Tags: Medicaid, Politics, Media Industry, Tallahassee (Leon, Florida), Theft

  14. May 13, 2013 |Column| Orlando Sentinel
  15. Will Dodd-Frank save (or stifle) capitalism?

    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the "London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...

    Tags: Financial Markets, Politics, Banking, U.S. Consumer Financial Protection Bureau, U.S. Congress

  16. May 13, 2013 |Story| Orlando Sentinel
  17. Longwood banks to ban hats, sunglasses and hoods, cops say

    Most Longwood banks are implementing a new policy banning customers from wearing hats, sunglasses and hoods as part of a new public safety program, police said in a statement.
    Most Longwood banks are implementing a new policy banning customers from wearing hats, sunglasses and hoods as part of a new public safety program, police said in a statement. The new policy is in response to "the rising number of bank robberies...

    Tags: Bank Robbery, Theft, Finance, Economy, Business and Finance, Longwood (Seminole, Florida)

  18. May 8, 2013 |Story| Chicago Tribune
  19. Suspicions fire racial tensions

    Gina Blandin has a theory about what caused the flooding disaster that befell New Orleans after Hurricane Katrina struck last August, an idea that has little to do with engineering studies or physical evidence and everything to do with the poisonous...

    Tags: Housing and Urban Planning, Science and Technology, Politics, FEMA, Liberty Bank

  20. May 3, 2013 |Story| South Florida Sun-Sentinel
  21. Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals

    Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy and gobble up most of the good deals.
    Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...

    Tags: Politics, Taxation, Palm Beach County, Hollywood (Broward, Florida), Realty

  22. Apr 29, 2013 |Story| Orlando Sentinel
  23. Fairwinds joins Bank of America, Wells Fargo in complaint rankings

    Along with Bank of America, Wells Fargo and other banking giants, a new name has landed on the latest roster of financial institutions with the most customer complaints in Florida: Fairwinds Credit Union.
    Along with Bank of America, Wells Fargo and other banking giants, a new name has landed on the latest roster of financial institutions with the most customer complaints in Florida: Fairwinds Credit Union. The Orlando-based credit union was ranked in a...

    Tags: Dominican Republic, Orlando, Banking, Miramar, Bank of America Corp.

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