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Tag: Banking

Money Money Money

PUSHBACK FROM MAIN ST.

In the aftermath of the bank bailout and bonus debacle, a majority of Americans want tougher regulations on Wall Street, according to a new poll. The new Harris poll released today suggest that 82 percent of Americans want the government to "clamp down more strongly on Wall Street excesses, with a particular emphasis on bonus schemes." However, the poll did find that the U.S. public does see value in Wall Street itself: nearly 60 percent say the financial sector is an essential benefit to the country.

Posted 12:56 PM | Thursday, March 11th, 2010 | Permalink

Tags: banking, finance

Money Money Money

FACELIFT FOR MR. FRANKLIN

The Treasury Department plans to release a new $100 bill next month, in an effort to stay a step ahead of counterfeiters. So what will change? The facelift for Ben Franklin will be unveiled at an April 21 ceremony in the ornate Cash Room at the department, the site of Ulysses Grant's first inaugural ball in 1869. Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke will do the honors of unwrapping the new bills at the ceremony. [AP]

Posted 12:34 PM | Friday, March 5th, 2010 | Permalink

Tags: banking

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