The K@W Network:
Despite the Justice Department’s ruling in the Bank of America mortgage case, it’s unlikely those hurt most will get any money, or that the outcome will prevent a re-occurrence.
Janet Yellen's initial tenure as chairwoman of the Federal Reserve has been fairly smooth, but long-term challenges loom as the Fed considers its ongoing response to a still-stagnant economy.
Janet Yellen should be more than ready to take the helm of the U.S. central bank when chairman Ben Bernanke completes his term, although she will be navigating uncharted waters,[…]
The banking system has been strengthened but other problems remain, including the too-big-to-fail dilemma and the ever-present potential for a real estate bubble.