HousingWire reveals the 50 fastest-growing companies in housing economy

HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks public, private companies on revenue growth

Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
W S
Lending / The Ticker

Bove lowers JPMorgan's rating

Blames McCarthyesque regulations

Stock tickers
/ Print / Reprints /
| Share More
/ Text Size+

Dick Bove, vice president at Rafferty Capital Markets, was not far off in his prediction about JPMorgan Chase’s (JPM) current situation and lowered his rating of the mega bank, blaming excessive government regulation.

"The attack against JPMorgan brings to the forefront another key issue that I have been arguing—i.e., banking regulators are pushing U.S. business away from this country to foreigners," Bove wrote in a research note. 

Bove charged that regulators are actively harming the ability of U.S. banks to compete. "They are attacking the jobs of banking workers and the wealth of the American people," he wrote, calling regulation "totally out-of-control."

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus