Banking, finance, and taxes
4937 Articles
A bank that will not loan money to any other banks will probably not loan money to anyone, no matter…
Hank Paulson and Ben Bernanke proved that they were not anarchists, willing to risk the financial system burning itself into…
No one could quite get to the crash victim, and now it seems certain AIG (AIG) will not make it…
Wells Fargo’s (WFC) shares are up 8% on strong volume. The bank stock should be trading down along with Citigroup…
The bankruptcy of Lehman Brothers (NYSE:LEH) and the ongoing counterparty risk scenario isn’t just applicable to financial stocks. This is…
UBS AG is back in the barrel this morning. Investors have more concerns about write-downs, adding pressure to the stock…
AIG (AIG) shares are off 40% in pre-open, to $2.85.
AIG (AIG) managed to lose 60% of its market value today. At one point the stock was off 70%. A…
This week seems to be unprecedented for the financial powerhouses and bulge bracket brokerage firms. While Merrill Lynch had to…
Covering financial stocks on a day like today is sort of like watching the Chinese ping pong championship. It’s all…
AIG (AIG) plans to sell its auto insurance unit, annuity operations, and aircraft leasing division. It sounds a lot like…
Covering financial stocks this morning looks a bit like an assassination happening live on television. Futures are being pulled sharply…
When Merrill Lynch (MER) CEO John Thain signed the employment agreement that made him the S&P 500’s best-paid CEO of…
AIG (AIG) may lose over $20 billion for the trailing four quarters ending with the current period. It says the…
A bail-out of Washinton Mutual (WM) could cost tax-payers another $24 billion. According to Bloomberg, Richard Bove, an analyst at…
Our top personal finance-related articles today. Your wallet will thank you later.