2015 Event Creditor nations agree to extend Greece's bailout program by four months as long as required economic reforms continue; new Greek Prime Minister Alexis Tsipras had campaigned on reversing the reforms but now accepts the terms to avoid financial chaos 2015 Event U.S. President Barack Obama targets three organizations and ten officials in new financial sanctions issued against North Korea in response to the recent hacking attack on Sony Pictures 2014 Event Representatives for the Islamic State announce that the group will begin minting its own currency in order to remove itself from the world financial system, which it considers 'satanic' 2014 Event Several nations have pledged financial support to rebuild Gaza after destruction resulting from the Israeli-Palestinian conflict during the summer; commitments include an immediate $212 million U.S. donation and a $1 billion pledge from Qatar 2014 Event In addition to financial support and medical expertise, the U.S. is sending engineers to West Africa to build Ebola treatment clinics, will provide training for hundreds of healthcare workers, and will offer Ebola education packets to the public 2014 Event Bank of America must pay $1.3 billion in a civil lawsuit over fraud committed by lending unit Countrywide Financial, which operated a scheme nicknamed 'Hustle' that resulted in large numbers of unsubstantiated mortgages during 2007-2008 2014 Event The U.S. and the European Union impose additional sanctions on Russia, focusing on restrictions related to the nation's military, energy, and financial sectors 2014 Event The European Commission (EC) is examining the tax status of Fiat in Luxembourg; Starbucks in the Netherlands; and Apple in Ireland to identify potential unfair tax advantages; the companies say they are in compliance with financial laws 2014 Event Target CEO Gregg Steinhafel has resigned in the wake of security breaches late last year in which customer data was stolen; the company will be run by John Mulligan, the company's Chief Financial Officer, until a new president is identified 2014 Event The banking industry is losing ground as non-banking companies such as Apple, Google and TMobile develop their own payment methods and financial products that circumvent the need for banking services 2013 Event Pope Francis calls for worldwide 'financial reform along ethical lines' which would curb the 'tyranny' of 'markets and financial speculation' 2013 Event U.S. Treasury Secretary nominee, Jack Lew, begins his confirmation hearing by testifying before the U.S. Senate's financial committee 2013 Event Germany, France, and nine other countries within the EU await approval from EU Finance Ministers to institute the Tobin tax, a tax on financial transactions 2012 Event The governing Worker's Party takes control of Brazil's financial capital and largest city when Fernando Haddad is elected mayor of Sao Paulo 2012 Event Former U.S. Presidential candidate Tim Pawlenty resigns from Mitt Romney's Presidential campaign, planning instead to work for the Financial Services Roundtable in Washington, D.C. 2012 Event Deutsche Bank, the German global financial services company, announces plans to cut 1,900 jobs 2012 Event An internal investigation is launched by Pope Benedict XVI involving leaks of confidential documents that allege corruption, financial mismanagement and power struggles among senior church officials 2012 Event French President Nicolas Sarkozy presents an economic reform package that increases taxes and proposes a new tax on financial transactions 2011 Event Financial disputes lead New York Mayor Michael Bloomberg to report that the National September 11 Museum will not open on time 2011 Event After negotiations in Brussels, David Cameron, Prime Minister of the United Kingdom, rejects the invitation to join a European Union financial crisis accord 2011 Event In anticipation of Budget Day, students protesting against the Irish financial crisis occupy the office of Fine Gael lawmaker Anthony Lawlor 2011 Event Parliament gives the new Greek Prime Minister, Lucas Papademos a vote of confidence, opening the doors for national unity to help restore financial stability in Greece 2011 Event The European Financial Stability Facility is approved by the German Bundestag 2011 Event In South Korea, the Financial Services Commission reveals they plan to inject more money into suspended local savings banks 2011 Event The Financial Times finds computer hackers may have accessed details on Citigroup bank card customers 2011 Event Japan's economy officially enters a recession, partially due to financial strain caused by the Tohoku earthquake and tsunami 2010 Event Ireland presents its 15 billion euro austerity package to secure a financial bailout from European Union and the International Monetary Fund 2010 Event Germany and the European Union deny planning a 20 - 25 billion euro financial aid plan for Greece 2008 Event Iceland takes control of 3 banks due to the global financial crisis 1995 Event CNN/fn, the financial network by Turner Enterprises, launched 1995 Death Fischer S Black, Jr., financial Theorist, dies at 57 1994 Event New York Supreme Court refuses Howard Stern's non financial disclosure 1993 Death Eliot Janeway, financial columnist (Eliot Doomsday), dies at 80 1992 Event Irish Republican Army bombs London financial district, killing 3 1964 Birthday Jeff Bezos, born in Albuquerque, New Mexico, founder, President of Amazon.com, previously a financial analyst for D.E. Shaw & Co. 1961 Birthday Timothy Geithner, born in Brooklyn, New York, United States Secretary of the Treasury, under President Barack Obama, served as President, Federal Reserve Bank of New York, charged with directing financial crisis of December 2007 1954 Event Fordham University scraps football team for financial reasons 1954 Death B. C. Forbes, Bertie Charles Forbes, founder Forbes magazine, financial journalist, books include, 'Forbes Epigrams', '101 Unusual Experiences', dies 1951 Birthday Suze Orman, born in Chicago, Illinois, television host, financial advisor, author, host of 'The Suzie Orman Show' on CNBC, books include, 'The Road to Wealth' 1939 Birthday H Onno C R Ruding, director, Amrobank, Dutch Financial minister, CDA 1939 Birthday Jane Bryant Quinn, newscaster/financial writer, Everyone's Money Book 1938 Birthday Fischer S Black, Jr., financial theorist 1934 Birthday Geoffrey Owen, British editor, Financial Times 1933 Event Financial and Economy World conference opens, 66 countries 1933 Birthday Louis Rukeyser, financial whiz, Wall Street Week 1931 Event Credit-Anstalt, Austria's largest bank, fails beginning financial collapse of Central Europe 1913 Birthday Sylvia Porter, financial writer, Sylvia Porter's Money Book 1913 Birthday Eliot Janeway, financial writer, Economics of Chaos 1880 Birthday B. C. Forbes, born in New Deer, Scotland, Bertie Charles Forbes, founder Forbes magazine, financial journalist, books include, 'Forbes Epigrams', '101 Unusual Experiences' 1556 Event King Philip II confers with Dutch financial experts 1281 Event Flemish Earl Gwijde Dampierre takes financial responsibility of Brugge
