Financial blogger Barry Ritzholtz of The Big Picture has some questions for Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke ahead of their appearance on Capitol Hill on Tuesday, starting with a biggie:
You two gentlemen have been wrong about the Housing crisis, missed the leverage problem, and understated the derivative issue. Recall the […]
Posted on September 25th, 2008 by
Filed under: options news, stock news | No Comments »
Stocks jumped early Thursday as momentum appears to be building for bipartisan support of a $700 billion bailout plan that President Bush and other policymakers say is urgently needed but the majority of Americans oppose, judging by formal polls and our c
Sphere: Related Content
Posted on September 25th, 2008 by
Filed under: stock news | No Comments »
Like a leaky boat, Wall Street just keeps sinking amid controversy over the proposed government bailout. And Fed chief Ben Bernanke has poured more cold water on the investing mood by saying global markets remain under extraordinary stress.
Stock futures are pointing lower as Congress has shown some reluctance to rubber-stamp the $700 billion bank rescue […]
Posted on September 25th, 2008 by
Filed under: options news, stock news | No Comments »
From ClusterStock.com, Sept. 25, 2008:The same GE (GE) that just last week was vociferously declaring that it was above all this Wall Street mess has now slashed its estimates for the quarter and full-year. …
Sphere: Related Content
Posted on September 25th, 2008 by
Filed under: stock news | No Comments »
Has Japan ever really gotten over the excesses of the late 1980s? Or has the hangover turned into a malaise — in which assets that the banking system there seemed designed to preserve rather than clear — that has made recovery something forever elusive? With the United States facing its biggest bailout ever, U.S. policymakers […]
Posted on September 25th, 2008 by
Filed under: options news, stock news | No Comments »
From ClusterStock, Sept. 25, 2008:Bush actually spoke frankly about the economy last night (”America
could slip into a financial panic”), and now Congress appears to be
getting closer to rubber-stamping the Hanke-Panke Wall Street Bailout.
Th
Sphere: Related Content
Posted on September 25th, 2008 by
Filed under: stock news | No Comments »
Excluding the value of Lehman Brothers’ Seventh Avenue headquarters, Barclays is only shelling out $250 million for the other Lehman assets it snapped up last week when it bought the bankrupt investment bank.
That’s a bargain next to the $400 million the British bank agreed to pay in early 2007 for the right for 20 years […]
Posted on September 25th, 2008 by
Filed under: options news, stock news | No Comments »
2008 certainly marked the end of an era on Wall Street, but also in Washington, D.C.In the accompanying video, Henry and I talk with NYU Stern School professor and former Washington policymaker Lawrence White about the sweeping changes in America’s financ
Sphere: Related Content
Posted on September 25th, 2008 by
Filed under: stock news | No Comments »
