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Berkshire adds Comcast's Burke to its board
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) said on Tuesday Stephen Burke, the chief operating officer at Comcast Corp (CMCSA.O), has been elected to its board of directors.
People:Warren Buffett Source:(Reuters)
2009-12-22
Obama implores top bankers to increase lending
WASHINGTON - President Barack Obama implored top bankers Monday to help keep the fragile recovery from faltering by boosting lending to small businesses and getting behind an overhaul of financial regulation. "We rise and fall together," he declared.
People:Bill Clinton Barack Obama George W. Bush Activities:Obama Admin. 2008 U.S. Financial Rescue
2009-12-14
Citigroup to repay $20 billion in bailout money
NEW YORK - Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence over the banking giant. The government will also sell its stake in the company.
Nations:U.S. People:Barack Obama Activities:Citigroup Crisis Source:(AP)
2009-12-14
Obama pushing banking execs on protection agency
WASHINGTON - President Barack Obama is asking bank executives to support his efforts to tighten the financial industry, while bankers are prepared to tell the president he should stop oversimplifying their concerns if he wants good-faith collaboration.
People:Barack Obama Activities:2008 U.S. Financial Rescue Source:(AP)
2009-12-14
House approves sweeping financial reforms
WASHINGTON (Reuters) - The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.
People:Barack Obama Activities:111th Congress
2009-12-11
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