Banking, finance, and taxes
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There was an announcement this morning from Lexington Insurance Company, a unit of American International Group (NYSE: AIG). The unit…
There is one interesting irony in this whole financial meltdown which goes which many will not want to admit. Citigroup…
Morgan Stanley (MS) is starting to have some of the problems that hurt Lehman. According to the FT, "Morgan Stanley…
Washington Mutual (WM) failed yesterday and most of its assets where sold to JP Morgan (JPM). The price was $1.8…
There had been hopes that Hank Greenberg was going to come with his own plan to save American International Group…
The Treasury is making the case that the financial industry needs $700 billion to take toxic assets off bank balance…
Oppenheimer’s star banking analyst Meredith Whitney is already keying in on Goldman Sachs Group’s (NYSE: GS) plans to raise cashs…
Daimler AG has confirmed that it is in talks with Cerberus over the possible redemption of the 19.9% stake it…
Billionaire and esteemed investor Warren Buffett has made a major move. Berkshire Hathaway Inc. (NYSE: BRK-A) is investing some $5…
The FBI has started to look into the collapse of Fannie Mae (FNM), Freddie Mac (FRE), Lehman, and AIG (AIG).…
Goldman Sachs (GS) appears to be out of the woods of the credit crisis. It will take on the mantle…
Capital One Financial Corp. (NYSE: COF) has come out with two announcements after the close. It is reaffirming its 2008…
The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) has signed a memorandum of understanding with Vietnam’s Ho Chi Minh Stock Exchange…
One of the aspects of the Paulson bailout bill that was not clear until today is that the Treasury has…
Our top personal finance-related articles today. Your wallet will thank you later.