Banking, finance, and taxes
950 Articles
There was an announcement this morning from Lexington Insurance Company, a unit of American International Group (NYSE: AIG). The unit…
According to Reuters, talks over a US bailout of banks broke down and will begin again today. Reuters reports that…
There had been hopes that Hank Greenberg was going to come with his own plan to save American International Group…
According to Reuters, Bush called an emergency meeting of Congressional leaders to push through bank bailout legislation. Reuters reports that…
The FBI has started to look into the collapse of Fannie Mae (FNM), Freddie Mac (FRE), Lehman, and AIG (AIG).…
According to Reuters, Warren Buffett invested $5 billion in Goldman Sachs (GS). Reuters says that the Paulson bailout plan is…
According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments.…
According to Reuters, Goldman Sachs (GS) and Morgan Stanley (MS) will give up their investment banking status and become bank…
Shares of major financial firms from Goldman Sachs (GS) to Morgan Stanley (MS) are up 25% to 35% in the…
According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM). Reuters reports that US markets rallied on word of…
Earlier this week in the midst of the American International Group (NYSE: AIG) meltdown we brought up the issue that…
Most Americans think that closing the markets for a day or two is the action of socialists and not an…
The Fed and a number of other large central banks will put $180 billion into the markets to improve liquidity.…
Leaving aside the fact that the federal government has a nearly endless supply of money, especially if the Chinese continue…
Hank Paulson and Ben Bernanke proved that they were not anarchists, willing to risk the financial system burning itself into…
Our top personal finance-related articles today. Your wallet will thank you later.