http://finance.yahoo.com/rss/blogs/daniel-gross/ en-US Copyright (c) 2012 Yahoo! Inc. All rights reserved Wed, 23 May 2012 13:31:08 -0400 5 http://finance.yahoo.com/rss/blogs/daniel-gross/ http://l.yimg.com/a/i/us/nws/th/main_142c.gif Last decade's housing boom is still inflicting a world of pain on lenders, homeowners and the financial system. Home prices are still falling. But there are growing signs that a sector that had become a massive drag on growth is now becoming a factor that can add to growth. We've written before of the ways [...]http://finance.yahoo.com/blogs/daniel-gross/don-t-look-now-comes-housing-173108583.htmlWed, 23 May 2012 13:31:08 -0400blogs/daniel-gross/don-t-look-now-comes-housing-173108583By Daniel Gross When it comes to the economic future of China, it seems we live in a world of black-and-white, binary choices. Either it is poised to become the world's largest economy and roll on as a juggernaut for decades to come. Or it is a giant, unsustainable bubble that is poised to pop [...]http://finance.yahoo.com/blogs/daniel-gross/china-airborne-china-big-bet-aerospace-means-modernization-152806145.htmlWed, 23 May 2012 11:28:06 -0400blogs/daniel-gross/china-airborne-china-big-bet-aerospace-means-modernization-152806145TARP returns are continuing to trickle in. Most of the focus has been on banks returning cash received as part of the Capital Purchase Program. But there were several other components designed to help the system, including aid to AIG, the rescue of Chrysler and General Motors, and some initiatives designed to remove toxic assets [...]http://finance.yahoo.com/blogs/daniel-gross/three-investment-vehicles-return-300-million-tarp-funds-180241855.htmlMon, 21 May 2012 14:02:41 -0400blogs/daniel-gross/three-investment-vehicles-return-300-million-tarp-funds-180241855Facebook's (FB) initial public offering on Friday sucked up almost all the available media and investor attention last Friday. After all, here was investors' first opportunity to buy a piece of one of the world's most exciting companies. But Facebook's public offering has been something of a flop. Priced at $38, the stock popped to [...]http://finance.yahoo.com/blogs/daniel-gross/facebook-ipo-already-happened-several-months-ago-secondmarket-134457488.htmlMon, 21 May 2012 09:44:57 -0400blogs/daniel-gross/facebook-ipo-already-happened-several-months-ago-secondmarket-134457488The one-week lull in bank closure activity came to an end last Friday as the Federal Deposit Insurance Company's SWAT team swooped down on a tiny bank in Alabama. Alabama Trust Bank, a one-branch bank with $51 million in assets based in Sylacauga, Alabama, was closed and its deposits were taken over by the Southern [...]http://finance.yahoo.com/blogs/daniel-gross/small-bank-alabama-becomes-24th-failure-2012-122126355.htmlMon, 21 May 2012 08:21:26 -0400blogs/daniel-gross/small-bank-alabama-becomes-24th-failure-2012-122126355At the World Economic Forum in Davos, Switzerland, the world's great and good get together to talk — about the world's problems, about the next up-and-coming country, and about the imminent demise of the United States as a global and economic power. There's generally a lot of talking and not a whole lot of listening. [...]http://finance.yahoo.com/blogs/daniel-gross/facebook-says-u-economy-150547085.htmlFri, 18 May 2012 11:05:47 -0400blogs/daniel-gross/facebook-says-u-economy-150547085Every day, Michelle Leder and the crew at Footnoted.com scour Securities and Exchange Commission filings for highlights and lowlights in executive compensation. Once a month, she joins us to discuss some of their top finds. As we discuss in the accompanying video, April showered a host of benefits on executives at a couple of companies [...]http://finance.yahoo.com/blogs/daniel-gross/april-highlights-lowlights-executive-compensation-130318497.htmlFri, 18 May 2012 09:03:18 -0400blogs/daniel-gross/april-highlights-lowlights-executive-compensation-130318497"We know we were sloppy. We know we were stupid. We know there was bad judgment." That was J.P. Morgan Chase CEO Jamie Dimon speaking about the news that the bank's London investment office had lost $2 billion in a derivatives trade. These admissions are a way to get ahead of the story, express some [...]http://finance.yahoo.com/blogs/daniel-gross/dimon-stupid-defense-smart-move-133157758.htmlWed, 16 May 2012 09:31:57 -0400blogs/daniel-gross/dimon-stupid-defense-smart-move-133157758It's been nearly three years since General Motors and Chrysler went into bankruptcy protection, with the financial assistance of the U.S. government. But even as the financial crisis recedes into the distance, the rescue efforts remain a hot political topic, says Steven Rattner, the former investment banker who helped direct the Obama administration's auto rescue [...]http://finance.yahoo.com/blogs/daniel-gross/mitt-romney-deserves-no-credit-auto-revival-fmr-135711405.htmlFri, 11 May 2012 09:57:11 -0400blogs/daniel-gross/mitt-romney-deserves-no-credit-auto-revival-fmr-135711405Among the many bailouts of 2008 and 2009, AIG was always the outlier. It was the largest single recipient of funds, getting $182 billion from the Treasury Department and the New York Federal Reserve. It was the most infuriating, as a large chunk of the cash went directly to repay investment banks that had purchased [...]http://finance.yahoo.com/blogs/daniel-gross/cost-aig-bailout-continues-decline-stock-sale-213201230.htmlTue, 08 May 2012 17:32:01 -0400blogs/daniel-gross/cost-aig-bailout-continues-decline-stock-sale-213201230