Banking, finance, and taxes
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According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions…
Just when credit card issuers from Mastercard (MA) to Citigroup (C) need the extra money due to deadbeats, the federal…
As if Citigroup Inc. (NYSE: C) had any real strength to its ratings, Moody’s has downgraded Citigroup’s senior debt. Interestingly,…
Goldman Sachs has come out with a new financial sector outlook for 2009, and much of how you receive it…
Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove…
America is short on czars. The ones in charge of energy, the war on drugs, intellectual property, and, perhaps, cars…
For bankers used to making millions of dollars in bonuses, $400,000 might seem like a big comedown. Goldman Sachs (GS)…
According to Bloomberg, "Losses and writedowns from the credit crisis surpassed $1 trillion today, and show little sign of ending,…
Yesterday was a rather odd day in more than one way. The reaction to Goldman Sachs Group (NYSE: GS) was…
Citigroup (C) will probably merge its commercial bank and investment bank. That makes sense. They both serve corporate customers. Investment…
The FOMC voted, and the Fed Funds Rate has now been given a TARGET RANGE of 0% to 0.25%. The…
In another sign that the recession is deepening, the average employee at Goldman Sachs (GS) will make only $363,654 a…
Imagine a wide loss being considered a win. That is partly the case at Goldman Sachs Group, Inc. (NYSE: GS)…
Despite all the capital the Treasury has put into large US banks, their stocks may be about to make new…
It is reasonable to wonder if Bernard Madoff was in his right mind. Was he ever aware that what he…
Our top personal finance-related articles today. Your wallet will thank you later.