Banking, finance, and taxes

All Banking, finance, and taxes Articles

Newest first · Page 249

Nationalize This!!

The advocates for nationalizing US banks have been out in force recently.  Senator Lindsay Graham, who almost certainly does not have a PhD in economics or finance, told ABC News that banks were in…

Douglas A. McIntyre · 18 years ago

The Tweets Nab More Cash

If you have used Twitter you either love it or can’t wait to get off it.  Social networking meets micro-blogging. The company just closed on another round of funding, although it basically swears it…

Douglas A. McIntyre · 18 years ago

Tiffany Lands Warren Buffett Debt (TIF, BRK-A)

Tiffany & Co. (NYSE: TIF)  scored the big fish.  The luxury jewelry retailer issued notes to Warren Buffett’s via units of Berkshire Hathaway, Inc. (NYSE: BRK-A).

Jon C. Ogg · 18 years ago

Banking Industry Has Not Run Low On Surprises

It is always heartening to hear the British describe a disaster. Their cool makes it seem as though almost nothing had happened. In the UK, shares of Lloyds shed a third of their value after it…

Douglas A. McIntyre · 18 years ago

Entergy Pulls Remarketing Offer (ETR)

Entergy Corporation (NYSE:ETR) was unable to find buyers for $500 million worth of Senior Notes that are a component the company’s 7.625% Equity Units (NYSE:ETRPrA) due February 11, 2011. It has canceled the remarketing…

Douglas A. McIntyre · 18 years ago

Is The Fed Going Back On A Promise?

One of the cornerstones of the government bailing out the credit markets was that the Fed would buy up Treasuries and other bond instruments in an attempt to help improve the markets in these…

Douglas A. McIntyre · 18 years ago

ETF Launch: Credit SPDR From State Street (ITR, STT)

State Street Corporation (NYSE: STT) is launching a new ETF to track the credit markets.  Its State Street Global Advisors (SSgA) investment management arm launched the SPDR Barclays Capital Intermediate Term Credit Bond ETF…

Jon C. Ogg · 18 years ago

Treasury Plan Flaw: Where Is George Soros?

A number of aspects of the bank bailout program presented by the Treasury yesterday troubled investors. The biggest problem was that it lacked details about how it would work. One of the most important…

Douglas A. McIntyre · 18 years ago

Why Does Congress Care What Wall St. CEOs Make?

Wall St. CEOs are going to be hauled in front of Congress, as they are almost weekly, to defend their use of TARP funds. The subject of what they get paid will almost certainly…

Douglas A. McIntyre · 18 years ago

Third Wave SPAC IPO Dies Before Launch

Third Wave Acquisition Corp. has just filed with the SEC to withdraw it proposed inital public offering.  You can probably guess why: In light of current market conditions.

Douglas A. McIntyre · 18 years ago

A $1 Trillion TARP

The failure of the banking and credit systems are happening faster than most analysts had predicted. RBC Capital yesterday predicted that 1,000 banks could fail in the US over the next two years. Large…

Douglas A. McIntyre · 18 years ago

Guessing How Many Banks Will Fail

How many banks will fail in the US over the next year as the recession deepens? Answering that is like trying to guess whether a poker player will draw an ace on any given…

Douglas A. McIntyre · 18 years ago