The other day I was talking with a representative of my bank concerning accepting payments from clients by credit card.

FORBES: Bankruptcy Hacks Are Still At It

On the borrowing side, Mr. Frankel suggests the European Central Bank automatically stop accepting a country's bonds as collateral if its budget deficit or government debts exceed a certain level.

WSJ: Troubles in Euro Zone Offer Chance to Fix Its Flaws

Ten days short of the deadline a banker at ICICI Bank agreed to provide the guarantee, accepting Atul's word as collateral.

FORBES: Pipe Dreams

They argued for Goldman Sachs to cease accepting payments from Russia, payments that go towards helping the bank make Russia look good to potential investors and international rating agencies.

FORBES: Human Rights Group Lambasts Goldman Sachs Over Russia

Accepting the award on behalf of the banks will be the bank voted most congenial to regulators, Wells Fargo, and the bank voted most dismissive of its critics, JPMorgan Chase.

FORBES: New Bank Stress Tests: Voting For the Next American Idol

But some big banks, including Citigroup, Bank of America and Wells Fargo, balked at accepting IOUs, mainly because of worries that the process for cashing them in had not been set up properly.

ECONOMIST: California's budget

Wen Mengjie, a 50-year-old, former director of the information technology department of the Beijing branch of the Agricultural Bank of China, was executed in Sept. 2007 for accepting bribes totaling 10.73 million yuan.

FORBES: Accounting Scandals Galore, China Not Enron-Bound

The first is that the Bank of England should extend its special liquidity scheme and lend banks directly whatever they need, accepting more mortgages, or mortgage-backed bonds, as collateral.

ECONOMIST: Housing market

They choked because they were not accepting responsibility for their actions long before the firms they ran faced economic peril, in the case of Lehman and Bank of America, or caused an ecological disaster, with BP.

FORBES: Magazine Article