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Good deeds should be their own rewards, but in the stock market that it not entirely true. Good earnings, especially…
JPMorgan Chase (NYSE: JPM) has just released earnings and Jamie Dimon is showing he is a better manager even than…
One size fits all. That is the reasoning behind Treasury’s plan to invest money in a number of large banks…
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26…
A big up day in the market, say 4% or 5%, is not a rally, at least not any more.…
Bank of America Corp. (NYSE: BAC) is being taken to the cleaners this morning. Shares closed down sharply yesterday at…
Perhaps it is important that someone be blamed for the failure of Lehman. Henry Paulson who did not order Treasury…
Vikram Pandit has been the CEO of Citigroup (C) for ten months. The only thing he has done right is…
According to Reuters, the House will vote on the bailout bill today. Reuters reports that JP Morgan (JPM) will not…
The 52-week lows are full and full of stocks each day lately. In a bear market it gets harder and…
Despite the realm of uncertainties we all face, there is one sector which has survived through the good times and…
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 Fed has been loaning banks and money managers an average of $188 billion a day over the last week.…
Washington Mutual (WM) failed yesterday and most of its assets where sold to JP Morgan (JPM). The price was $1.8…
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