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According to Reuters, Citigroup (C) is weighing options including a sale. Reuters reports that oil moved to a three-and-a-half year…
Fannie Mae (FNM) and Freddie Mac (FRE) announced that they will suspend foreclosures of occupied homes until early 2009. That…
A quick look at bank stocks would indicate that Wall St. is not terribly impressed with the Paulson $700 billion…
According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in…
If the press is right, Citigroup (C) is about to hold a big pep rally with its CEO Vikram Pandit…
Perhaps it is a remarkable failure of imagination or just animal panic. A day after Citigroup (C) hit a multi-year…
Citigroup’s (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who…
Citigroup (C) investors have been remarkably patient with relatively new CEO Vikram Pandit. But, the company’s shares traded under $10…
The head of Toll Brothers (TOL) said the housing market could not get worse, but it has anyway. People were…
Ben Bernanke and Henry Paulson may be holding guns to the heads of major banks to get them to "reset"…
China’s new bailout package has been set up to make the US government look cheap. At $586 billion its ratio…
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion…
Congress does not like the way that most bailout money is going to banks. It wants to see the little…
Barclays (BCS) turned down cash from the UK government. Unlike most large US banks, it did not want to trade…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
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