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Tag: banks

Colorado senators want cannabis cash in the banks

Colorado’s weed business resembles a mobster scene from another era. Large sums of cash circulate through dispensaries daily. Deposits get carried out by armed...

New scam takes advantage of Secretary of State’s business filing system

DENVER - Secretary of State Bernie Buescher and Attorney General John Suthers Thursday announced they're teaming up fight a new form of impersonation: business identity theft. Both officials explained the decade-old Secretary of State's business filing system, which has no password or PIN protections, has been exploited criminals changing contact names of at least 25 companies in Colorado, allowing the perpetrators to create and use those companies' lines of credit and steal more than $750,000.

DC Scorecard: Bank lobbyists win again, with help from Dem friends

Bloomberg takes a hard look at the lobbying fight over financial regulatory overhaul and concludes that despite last week’s passage of a financial regulatory...

Obama misses mark, scolds heedless bankers instead of New Dems

President Obama’s attempt to shame top bankers on Monday convinced no serious observers that lending will suddenly flow freely and financial institutions will quit...