Economy
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With the Congressional rejection of the Treasury bailout package lending from banks to small businesses has ground to a halt.…
Banks and investment banks who watched Bear Stearns, Washington Mutual, and Lehman go down in flames have learned a lesson.…
There is one interesting irony in this whole financial meltdown which goes which many will not want to admit. Citigroup…
The cut-off for the last short interest data was September 15, before a number of financial stocks got protection from…
Oppenheimer’s star banking analyst Meredith Whitney is out with another scathing note on major banks this morning despite the government…
T. Boone Pickens can get out of the alternative energy business. Under new regulations, he is allowed to buy Citigroup…
After a savage day in which one Wall St. firm closed and another was sold, perhaps there might have been…
At one point Merrill Lynch (MER) was up to $22.68 because of Bank of America’s (BAC) buyout offer of $50…
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…
Shares of Lehman (LEH) were off 84% in European trading. Bank of America (BAC) was down 14%. UBS (UBS) shares…
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill…
We few, we happy few, we band of brothers; For he to-day that sheds his blood with me…
No one likes a sore loser and there will be plenty of those among the executives at banks and brokerage…
Merrill Lynch (MER) is gone, sold to Bank of America (BAC) for $44 billion. That is $29 a share, well…
Our top personal finance-related articles today. Your wallet will thank you later.