Banking, finance, and taxes
226 Articles
A bail-out of Washinton Mutual (WM) could cost tax-payers another $24 billion. According to Bloomberg, Richard Bove, an analyst at…
Several of the world’s largest banks on working on assembling a $50 billion fund to offer capital to weaker financial…
Convinced that a Lehman (LEH) Chapter 11 could cause huge losses for other large financial institutions, the weakest players have…
AIG (AIG) as taken its turn in the penalty box today, joining Washington Mutual (WM), Lehman (LEH), and Merrill Lynch…
There are hundreds of thousands of jobs at stake if the current trends continue in the financial services sector. When…
There are surprisingly few analyst calls today, but these are some of the top positive calls and upgrades with more…
No one in his right mind wants to buy Washington Mutual (WM), but it does have some juicy pieces which…
According to Reuters, debt of Washington Mutual (WM) was cut to junk on a forecast of a $4.5 billion loss…
Lehman (LEH) Dead or alive. Off to $3.79 from 52-week high of $67.73. Washington Mutual (WM) Will the bank make…
With Bear Stearns, Fannie Mae (FNM), and Freddie Mac (FNM) fundamentally gone as independent institutions, the Treasury and Fed have…
Short interest in a number of financial stocks moved up very sharply for the period ending August 29. Shares short…
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought…
Washington Mutual (WM) Latest victim of credit debacle. Falls to $2.30 from 52-week high of $39.25. Lehman (LEH) Restructuring plan…
Over the last year, shares in Washington Mutual (WM) are down more than Lehman (LEH). It is distinction that defiles…
In community college Economics 101 students learn that there can be dips in bull markets. Usually these are caused by…
Our top personal finance-related articles today. Your wallet will thank you later.