Banking, finance, and taxes
4938 Articles
A bail-out of Washinton Mutual (WM) could cost tax-payers another $24 billion. According to Bloomberg, Richard Bove, an analyst at…
Lehman (LEH) says it will go into Chapter 11. Richard Fuld, the company’s CEO, will almost certainly end up being…
AIG (AIG) is seeking a short-term loan from the Fed in the amount of $40 billion. The Insurance firms says…
We few, we happy few, we band of brothers; For he to-day that sheds his blood with me…
No one likes a sore loser and there will be plenty of those among the executives at banks and brokerage…
Merrill Lynch (MER) is gone, sold to Bank of America (BAC) for $44 billion. That is $29 a share, well…
Several of the world’s largest banks on working on assembling a $50 billion fund to offer capital to weaker financial…
AIG (AIG) will sell several divisions to raise the capital it needs to stay independent. According to The Wall Street…
Convinced that a Lehman (LEH) Chapter 11 could cause huge losses for other large financial institutions, the weakest players have…
Several media reports say that large financial firms are trying to reduce their risk to deals that they have with…
Sorting out the potential aspects of a rescue of Lehman (LEH) has become like working on the puzzle of a…
Lehman (LEH) may or may not open for trading on Monday morning. A number of experts believe that the broker’s…
AIG (AIG) as taken its turn in the penalty box today, joining Washington Mutual (WM), Lehman (LEH), and Merrill Lynch…
Whatever sympathy there might have been for Lehman (LEH) is quickly slipping away. The calls for the federal government to…
No one in his right mind wants to buy Washington Mutual (WM), but it does have some juicy pieces which…
Our top personal finance-related articles today. Your wallet will thank you later.