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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…
According to Reuters, JPMorgan (JPM) cuts its dividend. Reuters reports that AIG (AIG) got bids from Met Life and Axa…
Management at AIG (AIG) has calculated exactly how much money the Treasury and Fed will have access to after all…
To hear the management at JPMorgan (JPM) talk, the bank does not have to cut its dividend, but it would…
The federal government gets extra points for being devious. It plans to begin to take over large banks by giving…
Our top personal finance-related articles today. Your wallet will thank you later.