Posts Tagged ‘Washington
Carstens gets support of Canada, Australia for top IMF post
Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Mexican Central Bank Governor Agustin Carstens has found two powerful allies in his bid to become managing director of the International Monetary Fund. His backers are the industrialized countries of Canada and Australia. Ottawa and Canberra issued on Friday a joint statement that [...]
Fannie Mae names new VP and CFO
Ayinde O. Chase – AHN News Staff Washington, D.C., United States (AHN) – Fannie Mae has named Susan R. McFarland as the company’s new executive vice president and chief financial officer (CFO) effective July 11, 2011. McFarland previously worked with Capital One Financial Corporation, where she served as executive vice president, Finance and Principal Accounting [...]
Carstens lobbies Washington for top IMF post
Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – The International Monetary Fund is considering only two candidates to replace resigned Managing Director Dominique Strauss-Kahn. The shortlisted candidates are French Finance Minister Christine Lagarde and Mexican Central Bank Governor Agustin Carstens. Lagarde, the frontrunner, has been making the rounds of developing nations such [...]
Carstens seeks support of developing nations to remove European hold on top IMF post
Vittorio Hernandez – AHN News New York, NY, United States (AHN) – The battle to fill the top International Monetary Fund post vacated by the resignation of Managing Director Dominique Strauss-Kahn has apparently been reduced to a war between Europe and developing nations. Mexico’s Central Bank Governor, Agustin Carstens, took the struggle to a higher [...]
New rules offer big cash awards to whistle-blowers
Washington Post Wednesday, May 25, 2011 WASHINGTON — Blow the whistle on financial fraud, earn valuable rewards. The SEC approved rules Wednesday that could make it highly lucrative for Wall Street whistle-blowers and other corporate insiders to alert the agency to securities violations. The agency was acting at the behest of Congress and President Barack [...]
Unemployment claims decrease to 409,000
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims declined by 29,000 to 409,000 for the week ending May 14 compared to the previous week’s tally of 438,000 claims. That is still above the 400,000 mark. Analysts say first time unemployment compensation insurcance claims must drop below 400,000 and [...]
How More Homeowners Are Making Their Existing Homes Work (U.S. News & World Report)
U.S. News & World Report – When Travis Slocum and his partner contemplated selling their Washington, D.C., home this spring, they had high hopes of upgrading to a larger place. After all, in recent months, nationwide news has underscored falling home prices and historically low mortgage rates, both boons for would-be home buyers. View full [...]
Consumer agency tests simpler mortgage forms
WASHINGTON (Reuters) – The new consumer financial products agency is testing out slimmer and clearer mortgage disclosure forms, to make borrowers aware that loan payments may skyrocket and give them greater power to shop around for mortgages. View full post on All Stories
Financial services likely not our destiny
An economic development group in Seattle has released a report estimating the size of the financial-services (banking, insurance, investments, accounting, finance) sector in Washington, as the basis for encouraging the growth of a cluster of companies in that industry. View full post on All Stories
Unreported account payments may help when applying for mortgage
By Kenneth R. Harney, Special to the Times Friday, May 13, 2011 Giving credit to the prompt bill payer WASHINGTON — Some credit experts call it the best-kept secret in home mortgage finance. Others say, so what? Millions of Americans whose credit scores have declined in recent years because of economic stresses could start rebuilding [...]
