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Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number…
One size fits all. That is the reasoning behind Treasury’s plan to invest money in a number of large banks…
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26…
Many of the world’s largest sovereign funds believe that they were taken to the cleaners earlier this year when they…
Wells Fargo & Co. (NYSE: WFC) is the latest of the banking giants to look like the old Citigroup Inc.…
The UK government is about to become the de facto largest shareholder in two of the country’s largest banks, HBOS…
A few days ago, it would have been nearly impossible to believe that the deals for Bank of America (BAC)…
According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank…
The most wonderful thing about the current financial crisis is that it is a monument to human optimism. Every day…
Henry Paulson watched the Brits come up with a new plan to save the banking system before he did. He…
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK.…
Vikram Pandit, CEO of Citigroup (C), should be so lucky as to have Wells Fargo (WFC) steal the buyout of…
According to Reuters, US markets fell to five-year lows. Reuters writes that Wells Fargo (WFC) could end up with over…
According to Reuters, Bank of America (BAC) reported weak earnings and cut its dividend. Reuters reports that Wells Fargo (WFC)…
Wachovia Corp. (NYSE: WB) shares were halted for "NEWS PENDING" because of an announcement coming out of Citigroup (NYSE: C). …
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