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According to Reuters, RBS (RBS) had $1.35 billion loss due to write-downs. Reuters reports that Google (GOOG) says its investment…
Now that Citigroup (C) and Merrill Lynch (MER) have announced that they will buy back auction-rate securities sold to their…
Merrill Lynch (MER), pole-axed by the Citigroup (C) decision to buy back all of the auction-rate securities it has sold…
In an announcement that shows how remarkable flawed the marketing and risk management at Citigroup (C) have been, the bank…
AIG (AIG) has made the assumption that other firms like Merrill Lynch (MER) and Citigroup (C) did. Changing CEOs will…
According to Reuters, Freddie Mac (FRE) now has a negative net worth which means some investors think it should trade…
Misery acquaints a man with strange bedfellows.—Shakespeare, “The Tempest” Auction-rate securities were one of the great inventions of modern banking.…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest…
HSBC (HBC) is the latest money center bank to be clobbered by more write-downs. For the most recently reported quarter…
According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor…
According to Reuters, oil is nearing a 20% drop from its peak, moving into bear market range. Reuters writes that…
In an ironic bit of sloganeering, the current Merrill Lynch (MER) corporate promotion is "Even In Today’s Economy, There Are…
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to…
Citigroup (C) may be looking at another $7 billion in write-offs and will probably have to raise $11 billion in…
These are some of the top pre-market analyst Upgrades and positive calls we are seeing this Thursday Morning: Air Products…
Our top personal finance-related articles today. Your wallet will thank you later.