Banking, finance, and taxes
2224 Articles
Moody’s has begun to downgrade the debt in a number of the structured investment vehicles that own huge pools of…
According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares…
Washington Mutual (WM) Mortgage company in bad environment. Down to $19.72 from 52-week high of $46.38. Capital One Financial (COF)…
The FT says that the "super-fund" to bail out financial instruments tied to mortgage-backed securities may be dead. Speaking about…
The term "perfect storm" is overused by writers who have no other way to describe a disaster. Leaving that aside,…
According to Reuters, profits rose 2.7% at Toyota (TM) and the company raised full-year forecasts. Reuters writes that GM (GM)…
Below is the short interest for major companies traded on the NYSE and changes from October 15, 2007 to the…
Stock Tickers: ANF, ARO, AEO, ANN, ADSK, BMRN, CA, CHS, C, COGN, CWTR, ETR, GPS, GOOG, JCG, LF, MA, MSFT,…
"Directors are not like some kind of 1950s housewife who was always the last to learn about the misadventures of…
Fremont General (FMT) Mortgage company debt rating cut. Falls to $1.81 from 52-week high of $17.30. Valeant Pharmaceuticals (VRX) Drops…
According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to…
One thing must be said for Chuck Prince, who left Citigroup (C) todayafter four years. He could take a beating.…
Dear Board of Directors at Citigroup, 24/7 Wall St. has made no secret since early December 2006 that Chuck Prince…
According to a report in The Wall Street Journal, Citigroup (C) CEO Charles Prince will offer his resignation at a…
AMBAC (ABK) Bond insurance company dropping like a rock on fears that it has huge exposures to CDOs. Down to…
Our top personal finance-related articles today. Your wallet will thank you later.