“Financial services” on The Daily Caller

Bank of America Chief Executive Officer Brian Moynihan will have his work cut out for him next week when he speaks at an investor conference in New York. (more)

WASHINGTON (AP) — When President Barack Obama asked businesses for advice on creating jobs, he might have anticipated that more than 200 responses would quickly be headed his way courtesy of Rep. Darrell Issa, a Republican who once called him corrupt. (more)

WASHINGTON (AP) — It’s a striking statistic. (more)

1.) Will newly elected governors put on a better show than House Republicans? — We are all fiscal conservatives now; at least at the state level. According to the New York Times, the majority of newly elected governors have said they will redeem their states’ economies in a similar manner: “Slash spending. Avoid tax increases. Tear up regulations that might drive away business and jobs. Shrink government, even if that means tackling the thorny issues of public employees and their pensions.” Scott D. Pattison at the National Association of State Budget Officers told the Times that the rhetoric is so consistent, “[Y]ou can’t tell if it’s a Republican or Democrat, a conservative or a liberal.” There are exceptions to this new rule: In order to get at the vast wealth of his few remaining rich residents, incoming Illinois Gov. Patrick J. Quinn signed into law a 66% income tax increase. (more)

WASHINGTON (AP) — Former Federal Reserve Chairman Paul Volcker is ending his term as chairman of President Barack Obama’s economic advisory panel next month, a person familiar with the situation said Wednesday. (more)

WASHINGTON (AP) — Barack Obama’s terrible, horrible, no good, very bad year got off to a terrible, horrible, no good, very bad start. (more)

Sen. Jim DeMint, the South Carolina Republican who bucked his party leadership during the midterm elections, was back at it again Tuesday night, saying he would not vote for the tax cut deal brokered between the GOP and President Obama because it increases the deficit. (more)

DUBLIN (AP) — Ireland’s international bailout boosted its bank stocks Monday but outraged many hard-pressed taxpayers, who questioned why the government’s pension reserves must be ravaged as part of a deal that burdens the whole country with the mistakes of a rich elite. (more)

WASHINGTON (AP) — (more)

NEW YORK (AP) — A prominent hedge fund that made huge gains betting against subprime mortgages is reportedly being investigated by federal authorities for extending a $113 million loan to its founder so he could pay off a personal tax bill. (more)

WASHINGTON (AP) — The Federal Reserve’s plan to buy more Treasury bonds has incited critics at home to complain of inevitable high inflation and financial turmoil. (more)

BEIJING (AP) — China’s central bank chief said Friday that the Federal Reserve’s move to inject money into the U.S. economy is understandable because of its slow recovery but still might hurt the rest of the world. (more)

WASHINGTON (AP) — The Treasury Department says its bank bailouts are over, but the spending continues. (more)

After a series of difficult moments on the campaign trail, Rep. Barney Frank is scrambling for campaign cash, contributing $200,000 of his own money as he seeks to ward off his first serious Republican challenger in decades. (more)

MIAMI (AP) — Three weeks before the election, anger over tainted home foreclosure documents is bursting into the battle for control of Congress, especially in hard-hit states such as Nevada and Florida. Democrats in tight races in the worst housing markets are pressing for a national moratorium, putting a reluctant White House on the spot. (more)

WASHINGTON (AP) — The government’s giant bank bailout may well have averted a second Great Depression, economists say, but a lot of voters aren’t buying it. Support for the program is turning into a kiss of death for many in Congress. (more)

NEW YORK (AP) — Here’s something to think about the next time you pick up a call on your iPhone: the device you’re holding may soon be the signature product of the most valuable company in the world. (more)

WASHINGTON (AP) — Federal regulators took over three key lenders to U.S. credit unions, after losses on mortgage investments threatened to topple them. The move was a reminder that parts of the financial system are still burdened by the toxic assets two years after the financial crisis peaked. (more)

Let’s say that you feel very strongly about the environment. You were one of the first to buy a Prius. You eat veggie burgers. You like wind power. When you hear Al Gore’s name you get a little tingly inside (maybe we shouldn’t go there, in light of the recent allegations against him). You may not believe in capitalism, but you’ve got to retire too, right? So you insist on investing only in portfolios made up of “green” companies. If that’s the case, you have a lot of mutual funds and ETFs to choose from — according to cnbc.com, at least 42. You have another 130 to choose from if you’re a social conservative, or you don’t like war, or you are repulsed by tobacco companies. (more)

WASHINGTON (AP) — The nation’s largest banks have an obligation to pay some of the cost for bailing out mortgage buyers Fannie Mae and Freddie Mac because they sold them bad mortgages, a government regulator said Wednesday. (more)