Jefferies Group, Inc. (NYSE: JEF) should finally get some vindication showing that it is truly not the next MF Global like so many rumors and short seller attacks may were ... Read Full Story »
Jamie Dimon of J.P. Morgan Chase & Co. (NYSE: JPM) is well-known for being outspoken. At a Goldman Sachs financial conference today, Mr. Dimon spoke out with his usual wording ... Read Full Story »
The entire world now knows about the European Union warnings from S&P on Monday. This morning came word that the 'AAA' long-term credit rating on the European Financial Stability Fund ... Read Full Story »
Jon Corzine was supposed to be the poster boy for modern-day finance... From the King of Finance, to New Jersey's governor, and back to Wall Street. Now Corzine is just the King of ... Read Full Story »
Bank of America Corporation (NYSE: BAC) has not done well with a good market nor with a bad market. The big gap-up Monday was sold off and now the lows ... Read Full Story »
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain ... Read Full Story »
A drop of 8% in GDP, 13% unemployment, and another period of interrupted access to the capital markets... Those are just some of the new Federal Reserve stress test scenarios which ... Read Full Story »
Make this as good as official now that S&P has chimed in: NO RESOLUTION FROM SUPERCOMMITTEE!!! You already knew that the Supercommittee was really just the "stuper-committee"... Impasse, again impasse. The big ... Read Full Story »
The attack on Jefferies Group, Inc. (NYSE: JEF) is unfortunately reminiscent of larger implosions of firms formerly named Lehman and Bear Stearns. It almost does not seem to matter what Jefferies ... Read Full Story »
Fitch is warning that U.S. banks could be adversely affected unless the Eurozone debt crisis "is resolved in a timely and orderly manner." The mention is a warning that the ... Read Full Story »
The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also ... Read Full Story »
E*TRADE Financial Corporation (NASDAQ: ETFC) was one we had on the calendar because this was the day that it was due to meet with its Goldman Sachs (NYSE: GS) as ... Read Full Story »
Last Friday at the meeting of the G20 in Cannes, the Financial Stability Board (FSB) revealed a list of 29 global systemically important financial institutions (known as the G-Sifis). These ... Read Full Story »
What the Occupy Wall Street crowd could not do, the financial sector of the economy has done. People who work at banks and investment banks will make less money this ... Read Full Story »
The markets have a "shoot first and ask questions later" mentality that is not really working too well for Jefferies Group, Inc. (NYSE: JEF) right now. After the MF Global ... Read Full Story »