Banking, finance, and taxes
2194 Articles
Perhaps it is a remarkable failure of imagination or just animal panic. A day after Citigroup (C) hit a multi-year…
Citigroup’s (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who…
Citigroup (C) investors have been remarkably patient with relatively new CEO Vikram Pandit. But, the company’s shares traded under $10…
The head of Toll Brothers (TOL) said the housing market could not get worse, but it has anyway. People were…
Ben Bernanke and Henry Paulson may be holding guns to the heads of major banks to get them to "reset"…
China’s new bailout package has been set up to make the US government look cheap. At $586 billion its ratio…
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion…
Congress does not like the way that most bailout money is going to banks. It wants to see the little…
Barclays (BCS) turned down cash from the UK government. Unlike most large US banks, it did not want to trade…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
Wall St. is a den of thieves and NY Attorney General Andrew Cuomo wants to wipe them out on his…
Citigroup (C) is not going to make it, at least not an an independent company. The FT has reported that…
This is obviously one of our ugliest mornings in years with futures trading limit down. What is interesting is that…
No matter where economists look there is no evidence that a recession in the US, EU, and Asia is doing…
Perhaps it is because this is an election year, but everyone is going around asking "Are we better off than…
Our top personal finance-related articles today. Your wallet will thank you later.