Whatever stock options Vikram Pandit, his management team and board have are almost certainly worthless now. News that the federal…
Citigroup (C) may not have picked up much in its deal with the federal government. It shareholders will get crammed…
Dell’s earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise.…
American car companies can always hope that as the economy emerges from recession and car sales pick up that they…
It has begun to occur to the financial industry and the central banks of the G7 and a number of smaller…
It is a corporate governance issue as much as anything else. Can one shareholder essentially “fire” most of a public…
The proposed budget that the Administration released yesterday runs 184 pages, if the sections called “Notes”, which are blank pages for…
Once a quarter, the FDIC does something which seems to have little purpose. It releases its list of “problem” banks.…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and…
Markets in Asia were mixed. The Nikkei rose 1.5% to 7,568. The Hang Seng dropped .2% to 12,874. The Shanghai…
Autodesk, Inc. (NASDAQ: ADSK) is trading lower after its earnings, or at least after its losses. The software and design…
Dell Inc. (NASDAQ: DELL) has just posted very disappointing earnings for its fiscal fourth quarter, as we expected. The PC-giant…
The Federal Deposit Insurance Corporation has concluded the sale of $1.45 billion distressed assets. It consisted of performing and non-performing…
The Federal Deposit Insurance Corporation has released its list of troubled banking institutions. As you would have guessed, it is…
Dell Inc. (NASDAQ: DELL) is set to report earnings after the close of trading today. The troubled PC giant is…
Our top personal finance-related articles today. Your wallet will thank you later.
