Wall St.’s New Superdelegates (GS)(MS)(JPM)(C)(MER)(AIG)
A decade ago, when there were big problems in the financial markets a very small group of people came in for the fix. E. Gerald Corrigan, a man of massive girth and…
A decade ago, when there were big problems in the financial markets a very small group of people came in for the fix. E. Gerald Corrigan, a man of massive girth and…
The Fed does not want to see all the money it has give to brokerages in exchange for lousy paper to go down the toilet so it has stationed its own personnel…
MoneyGram International, Inc. (NYSE: MGI) has completed its recapitalization that was led by affiliates of Thomas H. Lee Partners and Goldman Sachs (NYSE: GS). Here is a breakdown of how the financing…
Liberty Lane Acquisition Corp., another special purpose acquisition company, or SPAC, has filed to come public via an initial public offering of $350 million in units. Each unit will come with one…
According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep…
After a week in which the market finally seemed to vote that big financial companies will be OK, S&P took the holiday to slam Goldman Sachs (NYSE:GS) and Lehman Brothers (NYSE:LEH). No…
It was the cleanest theft since the Great Brink’s Robbery in 1950. The Fed and JP Morgan (JPM) got the Bear Stearns (BSC) management is a room over the weekend and beat…
If you have been around the markets for a decade you’ll know the name Frank Quattrone quite well. Quattrone was one of the most influential investment bankers in the 1990’s who also…
Goldman Sachs (NYSE: GS) has just posted earnings, and while many metrics are lower than last year the results overall were well above estimates that had been lowered in a weakening environment. …
Below are the top analyst upgrades and downgrades we are looking at this Tuesday morning: Altria Group (NYSE: MO) Started as Buy at UBS. Amazon.com (NASDAQ: AMZN) started as Buy at Canaccord…
These are not the only research calls this morning affecting stock, particularly as the world is focused on the fleecing that has occurred at Bear Stearns this morning. But these are other…
Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…
Shares in Goldman Sachs (NYSE GS): are only down about 12% over the last six months. That is about the same as the S&P. But, shares in peers Morgan Stanley (NYSE: MS)…
Goldman Sachs (NYSE: GS) will take a $3 billion write-down when its announces its quarterly results, according to the Telegraph. That will cut the firm’s first quarter earnings by 50%. "Goldman will…
The Federal Reserve has just made an expansion of its securities lending program to add much more liquidity to the banking system, but the difference here is that this goes above and…