The program Bank of America (NYSE:BAC) has announced to repay the TARP funds it received is a modest vindication for its retiring CEO Ken Lewis. He has proved that his firm, which…
Reuters:  Chinese banks must raise large sums of capital which could test equity markets. Reuters: AIG’s (NYSE:AIG) CEO had his pay package approved. Reuters:  The Fed sees growth but substantial policy risks.
Many, or most, major banks do not have enough capital to comfortably maintain their current ratings. Standard & Poor’s has a report out saying that the banks are underfunded despite capital raised…
The Royal Bank of Scotland (NYSE:RBS) has had Cadbury as a corporate client for decades. The financial firm agreed to help fund Kraft’s (NYSE:KFT) potential buyout of Cadbury. RBS’s ownership is controlled by…
There is a rumor that has been around Hollywood for decades that some of the greatest silent film comedy scripts were created by screen writers who would bribe wardens at a local…
Updated throughout the day. Update 12.50 PM EST: Boeing (NYSE:BA) could lose a $7.5 billion order for fighter planes to Brazil if the US Senate does not confirm Obama’s nominee to be…
The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s…
Reuters:Â Â Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters:Â Â Trump put his support to the bondholders of his casino business. FT:Â Â A…
These are this Monday morning’s top day trader and active trader alert stocks. We have a link through to each stock at VSInvestor.com with more detailed analysis and data. Citigroup, Inc. (NYSE:…
Updated throughout the day. Updated 12.43 PM EST: Apple may hire its own video game developers to create iPhone and iPod products (Apple Insider) Updated 11.57 AM EST: Devon Energy (NYSE:DVN) may…
Reuters:Â Â The Ohio Attorney General is suing a number of Wall St. firms. Reuters:Â Â GM will start to repay part of its debt to the US. Reuters:Â Â Citigroup (NYSE:C) will sell Bellsystem…
John Paulson is rather notorious, and wealthy, for how much he picked up by shorting financial stocks on the way down. But the financial world found out in August that Paulson &…
Yesterday, the Federal Reserve reported that 9 out of 10 bank holding companies that were required to raise additional capital to bolster their balance sheets have successfully done so. Â The Supervisory Capital…
It has been some time in the making and won’t be the last IPO or divestiture out of Citigroup Inc. (NYSE: C). The company is proceeding to divest its Primerica Inc. via…
Updated throughout the day. Citigroup (NYSE:C) will re-launch some of its least successful hedge funds (FT) The stock market is at risk of not holding 10,000. (TheStreet) AIG (NYSE:AIG) will not hold a…
