Posts Tagged ‘taxpayers’

ICB tells banks capital reserves must be higher

Britain’s major banks will today by told by the Independent Commission on Banking that they must massively increase their capital reserves to protect savers and taxpayers from another financial crisis. View full post on UK Business Stories

IRS delays filing of key deductions

Taxpayers who claim deductions for home-mortgage interest, gifts to charity and state and local taxes will have to wait until middle to late February to file their 2010 returns. View full post on Business Stories

New bank rules would protect firms whose collapse would damage larger economy

Bank regulators are planning a fresh wave of rules for the world’s most important financial companies in an effort to ensure that firms considered “too big to fail” are better protected from collapse — and that taxpayers are insulated from the fallout if they do. View full post on Business Stories