Financial Stress

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  • New York reelects Bloomberg as mayor

    Nov 4th, 2009 - ChicagoTribune

    Reporting from Los Angeles and Atlanta - By a surprisingly narrow margin, voters chose to reelect billionaire Michael R. Bloomberg for a third term as New York City mayor Tuesday...

  • AMR Plans 1600 Job Cuts, Delta Air May Follow as Travel Drops

    Jun 11th, 2009 - Bloomberg

    June 11 (Bloomberg) -- AMR Corp.’s American Airlines willshed 1,600 jobs and Delta Air Lines Inc. may pare its payrollagain as waning travel demand spurs deeper cuts in seatingcapacity. The reductions at American...

  • Douglas J. Elliott: Implications of the Bank Stress Tests

    May 12th, 2009 - The Huffington Post

    The financial "stress tests" on the big banks gave us good news: they "only" need $75 billion of new capital. That's a lot of money, but much less than many of us feared...

  • Douglas J. Elliott: How to Interpret the Bank Stress Tests

    May 6th, 2009 - The Huffington Post

    Washington and Wall Street are waiting with bated breath for the results of the financial "stress tests" that the regulators have been running on the 19 largest banking groups in the U.S...

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