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Community Bank Chief Sees Opportunity In Regulatory Burdens
Wednesday, July 1, 2015 - 10:29am | 333The head of a middling New Jersey community bank hopes the wave of new financial industry rules might drive his smaller competitors into mergers. "I never complain about the regulatory environment," Kevin Cummings, chief executive of Investors Bancorp, Inc. (NASDAQ: ISBC) told Benzinga. "I look...
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Another One Bites The Dust: Diamond Not Joining Fed
Monday, June 6, 2011 - 9:14am | 97Despite receiving approval from President Barack Obama, Nobel Prize winning economist Peter Diamond has decided to ask the White House to withdraw his nomination to be a member of the Federal Reserve. Diamond wrote an op-ed in today's New York Times. Diamond has come under much scrutiny, as the...
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Senate Rejects Diamond From Joining Federal Reserve
Friday, August 6, 2010 - 11:10am | 131The Senate rejected the nomination of Peter Diamond to the Federal Reserve yesterday writes the Wall Street Journal, dampening the White House's efforts to fill the central bank. Mr. Diamond, who is an economist at the Massachusetts Institute of Technology, has come under intense scrutiny from...