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Feb 22

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News Wrap: Suspect Pleads Guilty in NYC Terror Plot

In other news Monday, a former Denver airport shuttle driver plead guilty to plotting bomb attacks in New York City, and outbreaks of violence in Baghdad killed 22 people as Iraqis prepare to go to the polls in two weeks.

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Feb 02

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Are Big Banks Good for the Economy?

The Obama administration is trying to rein in big banks, but Robert Kelly, chief executive officer of Bank of New York, says that's a big mistake.

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Jan 13

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Congress Presses Bankers for Answers About Meltdown

Bankers from the nation's top financial institutions faced tough questions Wednesday from Congress, which has been investigating what led to the financial collapse and what role banks played. Kwame Holman reports.

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Dec 14

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Bailout Banks Continue March Toward Recovery

Judy Woodruff gets another reaction to the White House banker summit from Steve Bartlett of the Financial Services Roundtable, which lobbies for most of the banks represented in Monday's meeting with President Obama.

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Dec 14

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Obama: Banks Must Lend More to Help Economy

President Obama asked the leaders of top U.S. banks on Monday to assume a larger role in helping the economy to recover. Kwame Holman reports and then Judy Woodruff speaks with presidential senior adviser Valerie Jarrett for more details.

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Dec 02

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Other News: Iraqi Election Postponed One Month

In other news, the United Nations reported that Iraq will delay its national elections by one more month, and China, India, Brazil and South Africa refused to cut carbon emissions by 2050.

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Oct 22

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Pay Slashed for Bailed-out Firms’ Executives

The government has ordered seven firms that received billions in bailout money to dramatically cut compensation to their highest-paid employees.

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Oct 16

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Loan Losses Drive Down Bank of America Earnings

Bank of America reported Friday that it lost more than $2.2 billion in the third quarter, largely due to loan defaults and credit card delinquencies.

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Oct 16

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Bank Earnings Reveal Mixed Recovery on Wall Street

Third-quarter earnings revealed a mixed picture on Wall Street as Goldman Sachs and J.P. Morgan Chase posted healthy profits, while Bank of America continued to struggle under the weight of rising credit card delinquencies and mortgage defaults.

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Sep 23

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Top Banks Rethink Policies on Overdraft Fees

Leading banks move to change overdraft fees deemed harmful to consumers. Jeffrey Brown speaks with a banking expert about the overhaul.

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