Banking, finance, and taxes
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Oppenheimer’s star banking analyst Meredith Whitney is out with another scathing note on major banks this morning despite the government…
T. Boone Pickens can get out of the alternative energy business. Under new regulations, he is allowed to buy Citigroup…
After a savage day in which one Wall St. firm closed and another was sold, perhaps there might have been…
At one point Merrill Lynch (MER) was up to $22.68 because of Bank of America’s (BAC) buyout offer of $50…
Covering financial stocks this morning looks a bit like an assassination happening live on television. Futures are being pulled sharply…
When Merrill Lynch (MER) CEO John Thain signed the employment agreement that made him the S&P 500’s best-paid CEO of…
Shares of Lehman (LEH) were off 84% in European trading. Bank of America (BAC) was down 14%. UBS (UBS) shares…
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill…
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…
The Wall Street Journal is reporting that the board of Merrill Lynch (MER) is meeting to approve a $29 a…
The latest rumor in the swirl of news around the probable failure of Lehman (LEH) is that Bank of America…
Convinced that a Lehman (LEH) Chapter 11 could cause huge losses for other large financial institutions, the weakest players have…
Lehman (LEH) may or may not open for trading on Monday morning. A number of experts believe that the broker’s…
Our top personal finance-related articles today. Your wallet will thank you later.