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According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to…
Citigroup (C) Still fears of nationalization or a larger bailout. Falls to $1.15. from a 52-week high of $27.35. GE…
HSBC (HBC) proved two things as it raised just over $17 billion to offset substantial losses. The first is that…
On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the…
Citigroup (C) Government will take a 36% share. Drops to $1.42 from 52-week high of $27.35. AMBAC Inc (ABK) Market…
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…
It is a corporate governance issue as much as anything else. Can one shareholder essentially “fire” most of a public…
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…
As the US government goes though the process of stress testing banks, it may want to be instructed by the…
The latest way for the government to decide what it should do with troubled banks is to put them though…
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February…
According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect.…
According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging…
Our top personal finance-related articles today. Your wallet will thank you later.