Private equity firms are likely to invest in more bank deals as they look to take advantage of depressed share prices and if the government steps up to help, a new study predicts.
The U.S. Federal Reserve made it easier for buyout shops and others to invest in banks on Monday, relaxing some rules regarding minority shareholder investments. Many investors […]
Posted on September 26th, 2008 by
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From Silicon Alley Insider, Sept. 26, 2008:The Wall Street collapse is terrible for tech, obviously. But it could be worse.
Forrester Research says the financial sector’s troubled firms
(Lehman, Merrill, Bear Stearns, AIG, Fannie, Freddie) all tog
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Some AIG employees want former chief executive Maurice “Hank” Greenberg back at the insurer’s helm — at least based on comments scribbled on a portrait painted by artist Geoffrey Raymond.
Dozens of AIG employees signed the portrait — set up across the street from AIG’s Pine Street headquarters on Monday. Among the annotations: “Please, please come […]
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Updated from 5:20 p.m. EDT Stocks rallied Thursday in response to reports Congress has reached “an agreement in principle” on the $700 billion plan to buy bad debt from banks.
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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 […]
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From paidContent.org, Sept. 24, 2008:And to think what they could’ve gotten from Microsoft… Yahoo (NSDQ: YHOO), whose stock continues to languish, has hired Bain & Co. …
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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 […]
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Shortly before 2:00 p.m. EDT Thursday, news broke that Congress has reached “an agreement in principle” on the $700 billion bailout plan.The agreement would provide the funds in installments, starting with $250 billion immediately,
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