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The conventional wisdom was that 2008 would be the worst year for bank losses in years, but that it would…
Sandy Weill created Citigroup (C) because he wanted to run the world’s largest financial services company. He had lost this…
Citigroup Inc. (NYSE: C) has issued a statement regarding the many news reports on the possible combination of Smith Barney…
Usually when there are rumors that management is being changed at a company, its shares go up. There are stories…
According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the…
No one seems to have liked that way SEC chief Christopher Cox handled his job during the financial crisis. Congress…
According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions…
Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove…
Yesterday was a rather odd day in more than one way. The reaction to Goldman Sachs Group (NYSE: GS) was…
This is a very important week for earnings from brokerage firms (or the new bank holding companies). Tomorrow morning we…
A man runs from a burning house covered with soot and with his hair and clothing aflame. A fireman stops…
According to Reuters, the House passed a $14 billion bailout bill. Reuters reports that according to Mastercard (MA) retail sales…
No matter how far down bank stocks go and how hard regulators try to keep short sellers out of financial…
John Thain of Merrill Lynch (MER) and John Mack of Morgan Stanley (MS) looked like men in hostage video tapes…
According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close…
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