A maverick like Sen. John McCain is wont to seek advice from unlikely folks.
That’s the mark of a maverick. But would the Republican presidential candidate tap Jim Cramer, the pulse-pumping host of CNBC’s Mad Money, for economic policy?
Whether or not he actually would, it makes Nasdaq CEO Robert Greifeld uncomfortable that, around the same time two weeks ago, both McCain […]
Posted on October 3rd, 2008 by
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From ClusterStock, Oct. 2, 2008:GE had to slash the price of its $12 billion emergency stock
offering to get the deal done… and now the selling pressure is so
intense that the underwriters have given up supporting the deal price
and the stock has alr
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A funny thing happened on the way to the bailout: Stocks tumbled, credit markets seized further, and the dollar rallied Thursday in the wake of Senate passage of the $700 billion bill.Of course, crisis breeds opportunity, and many trade
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Back in July, when he declared his long-term portfolio was 100% in cash backed by T-bills, a lot of people said Todd Harrison was crazy — or clueless.But Harrison, CEO of Minyanville.com, is looking pretty smart these days given the ongoing turmoil in th
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Wells Fargo said on Friday it reached a deal to buy Wachovia for about $15.1 billion out from under Citigroup’s nose.
We still haven’t heard back from Citi, so the question now is whether Citi simply walked away from a deal it - and the market - had seemed so excited about just days ago or […]
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Is the market saying House passage of the bailout plan is in doubt, or the bailout won’t help? Or both?These and related questions are on traders minds Thursday as the stock market’s tumble resumed and credit market’s freeze deepened de
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It’s pretty obvious to anyone paying attention a majority of Americans oppose the bailout plan passed last night by the Senate and heading toward the House.As discussed
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By a healthy margin, the Senate passed the $700 billion bailout package last night, setting the stage for a do-over in the House, which is expected to vote on the bill Friday.The
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