Banking, finance, and taxes
4937 Articles
Perhaps some day the Fed will run out of money. The equivalent is happening in China. The People’s Bank of…
Goldman Sachs Group Inc. (NYSE: GS) has been an incredible performer among the bulge bracket investment banking firms during the…
Legg Mason Inc. (NYSE: LM) is having a rough morning to say the least. The investment manager’s shares are being…
AIG (AIG) may resort to a tactic that is as old as the hills. It is considering taking its worst…
Banks have been taking money from the Fed for months. They can pledge dirty dishes and wall paper in exchange…
Drilling into the jaw bone without Novocaine. The competition to maybe buy or maybe not buy Lehman (LEH) picks up…
The Commerzbank buy-out of Dresdner Bank was not a shotgun wedding. Neither institution was failing. The severe balance sheet problems…
Through the weekend the management of Lehman (LEH) is desperately meeting with any investors who will hear its case. According…
Lehman (LEH) will lay off about 6% of its work force according to The New York Times. That is about…
The auction-rate fiasco is not over for banks. Having bought back about $55 billion of the paper, they are now…
Aside from bad mortgage-backs securities bets, a dying LBO business, auction rate securities, and deteriorating credit card debt, the banks…
The evidence is thin, but at least it is available. Freddie Mac (FRE) and Fannie Mae (FNM) could raise money…
Lehman Bros (LEH) will edge closer to the gallows today. The stock is likely to move under $10 this week.…
The collapse in the shares of Freddie Mac (FRE) and Fannie Mae (FNM) was arrested yesterday. At one point, both…
Speculation has begun that the shares in Lehman (LEH) are so cheap that the brokerage might become the target of…
Our top personal finance-related articles today. Your wallet will thank you later.