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	<title>Finance Space</title>
	<link>http://www.financespace.biz</link>
	<description>Lasted news and useful articles about Finance, Credits, Mortgage, Currency Trading, Debt Consolidation, Insurance, Investing, Loans, Real Estate and Taxes.</description>
	<lastBuildDate>Wed, 19 May 2010 19:37:05 +0000</lastBuildDate>
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		<title>Wall Street reform bill protects U.S. consumers</title>
		<description><![CDATA[There is a debate taking place in Washington about whether we will hold Wall Street accountable and protect consumers. 
America has endured a financial crisis as dire as any we’ve known in generations.
It nearly dragged our economy into a second Great Depression. It forced taxpayers to foot the bill for irresponsible practices on Wall Street. [...]]]></description>
		<link>http://www.financespace.biz/wall-street-reform-bill-protects-u-s-consumers.html</link>
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		<title>Democrats in bid to save US financial reform</title>
		<description><![CDATA[US Senate Banking Committee Chairman Chris Dodd made a last-minute amendment to a massive financial overhaul bill to resolve a dispute over derivatives.
The Democrat&#8217;s measure would postpone any action on the complex financial instruments for two years so it can be studied by a new council of regulators headed by Treasury Secretary Timothy Geithner.
Derivatives are [...]]]></description>
		<link>http://www.financespace.biz/democrats-in-bid-to-save-us-financial-reform.html</link>
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		<title>Senate likely to bar banks&#8217; high-risk trades</title>
		<description><![CDATA[Banks would be barred from high-risk speculative trading under a measure that has an &#8220;extremely good&#8221; chance of becoming law, Democratic U.S. Senator Carl Levin said on Monday.
The measure also would require large nonbank institutions to set aside additional capital to cover the risks of speculative activity, and prohibit financial firms from betting against their [...]]]></description>
		<link>http://www.financespace.biz/senate-likely-to-bar-banks-high-risk-trades.html</link>
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		<title>Credit-rating agencies loom large in Europe crisis</title>
		<description><![CDATA[The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it&#8217;s for warning investors about a possible threat — Europe&#8217;s debt crisis — rather than for failing to see one coming.
Why do their words carry so much weight?
These are the same firms that gave safe [...]]]></description>
		<link>http://www.financespace.biz/credit-rating-agencies-loom-large-in-europe-crisis.html</link>
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		<title>US banking bill: how Senate blocked Barack Obama&#8217;s plans</title>
		<description><![CDATA[Senate Republicans voted to block a bill aimed at tightening regulation of the financial system from being debated yesterday, in a move President Barack Obama said American people &#8220;can&#8217;t afford&#8221;.
The Democrats needed 60 votes from the 100 senators in the house to begin debating the bill, which proposes a government levy on big banks, changes [...]]]></description>
		<link>http://www.financespace.biz/us-banking-bill-how-senate-blocked-barack-obamas-plans.html</link>
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		<title>Florida Republican Party&#8217;s credit card use examined</title>
		<description><![CDATA[Federal law enforcement agencies have begun a criminal investigation of the use of credit cards issued by the Republican Party of Florida to elected officials and staff members, according to sources familiar with the inquiry. 
The U.S. attorney&#8217;s office in Tallahassee, the FBI and the Internal Revenue Service are involved in the probe. It grew [...]]]></description>
		<link>http://www.financespace.biz/florida-republican-partys-credit-card-use-examined.html</link>
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		<title>Wells Fargo profit drops as credit costs rise</title>
		<description><![CDATA[Wells Fargo &#038; Co. said Wednesday that its first quarter profit fell on costs to integrate the acquired Wachovia and rising provisions. 
The firm said some operating metrics improved and that credit issues appear to have &#8220;turned the corner.&#8221; 
Wells said Wednesday that it earned $2.55 billion, or 45 cents a share in the quarter, [...]]]></description>
		<link>http://www.financespace.biz/wells-fargo-profit-drops-as-credit-costs-rise.html</link>
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		<title>Obama pushes bank reform, lashes out at Republicans</title>
		<description><![CDATA[U.S. President Barack Obama accused opposition Republicans on Saturday of spreading misinformation about a Democratic bill that aims to tighten oversight of Wall Street banks and their practices.
With debate heating up in Washington about reforming the financial rules, regulators charged Wall Street giant Goldman Sachs with fraud on Friday.
Bank shares and the broader stock market [...]]]></description>
		<link>http://www.financespace.biz/obama-pushes-bank-reform-lashes-out-at-republicans.html</link>
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		<title>Obama to take on Wall Street</title>
		<description><![CDATA[Barack Obama on Thursday takes his campaign against Wall Street &#8216;irresponsibility&#8217; to New York, the epicentre of US high finance, as he seeks to swiftly drive regulatory reform into law.
The president will touch down for just a few hours in central Manhattan, to give a speech aimed at Americans in the heartland, finance barons in [...]]]></description>
		<link>http://www.financespace.biz/obama-to-take-on-wall-street.html</link>
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		<title>Banking Reform Sells Better When &#8220;Wall Street&#8221; Is Mentioned</title>
		<description><![CDATA[Americans are about evenly divided on the merits of giving the federal government new powers to regulate large banks and major financial institutions; however, they offer greater support when the issue is more specifically framed as regulating &#8220;Wall Street banks.&#8221;
When Wall Street is not mentioned, net public support (percentage in favor minus percentage opposed) for [...]]]></description>
		<link>http://www.financespace.biz/banking-reform-sells-better-when-wall-street-is-mentioned.html</link>
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