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Daily Archives: November 22, 2008

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As GM (GM) Looks At Chapter 11, UAW Should Dust Off Strike Fund

The GM (GM) board is looking at a Chapter 11 as a way to get the car company out of its mess. Even if Congress approves funds for the car ...
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How Many US Banks Will Fail? A Bailout Stretching To Infinity

The FDIC seized three more banks and sold their assets: Downey Savings and Loan, PFF Bank & Trust, and Community Bank of Loganville. The agency now has 117 banks on ...
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Giving Citigroup (C) $50 Billion, Or Much More

It would make sense that Citigroup (C) has been talking to the Fed, FDIC, and Treasury over the last few days. Even if Vikram Pandit wanted to dodge those talks, ...
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