Banking, finance, and taxes
4937 Articles
Washington Mutual (WM) has announced that it will cut its dividend, stop lending to the subprime market, and raise $2.5…
MBIA Inc. (NYSE: MBI) has entered into a definitive agreement with global private equity firm Warburg Pincus to invest up…
Blackstone (BX) is making a bid for miner Rio Tinto (RTP), at least according to The Telegraph. Rio has a…
UBS (UBS) will take another $10 billion in write-offs for subprime debt intruments. According to The Wall Street Journal, "The…
When all the CEO’s and corporate officers are lumped together for playing down the sub-prime mess in the summer and…
Another SIV has been bailed out by a major bank. Dutch bank Rabobank will move $7.6 billion of SIV assets…
MARSH & MCLENNAN COMPANIES INC. (NYSE: MMC) is guilty of having one of the TOP 10 CEO’s TO GO FOR…
Economists hoped that, even though some US consumers would have trouble making mortgage payments, there was enough income in the…
A funny thing happened on the way to creating a $100 billion "Super Fund" to loan money to SIVs which…
According to the FT, the board at Citigroup (C) tried to get Josef Ackermann, the head man at DeutscheBank (DB)…
A booming market in widgets makes most widget company management look good. It turns out to be the same with…
It’s no secret that Fannie Mae (NYSE:FNM) has been in trouble, and this afternoon we just found out some more…
The fate of at least one of the exiting specialists has been sealed. Van der Moolen Holding NV (NYSE: VDM)…
The head of Countrywide (CFC) stated his case, once more, that the mortgage lender is not a candidate for Chapter…
VeriFone (NYSE:PAY) is seeing shares crushed today after the company issued a release stating that it was going to restate…
Our top personal finance-related articles today. Your wallet will thank you later.