Ben Bernanke and Hank Paulson spoke Monday to alternatively discuss the need for another economic stimulus package and make the case for the bailout efforts taken to date. …
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Rather than resolving the crisis, the government’s plan to inject capital into big banks is “merely the appetizer and soup course” in what will ultimate be a multi-course meal, says Christopher Whalen, managing director at Institutional Risk Ana
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Less than a week after the U.S. government’s historic decision to inject capital into the nation’s biggest banks, regulators around the world continue to take dramatic actions to alleviate stress in the global banking system. The most recent actions inclu
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If anyone has a steady enough business to fund a deal in these uncertain times, it’s a utility. Exelon’s $6.2 billion bid for NRG is two-thirds the size of NRG’s bid last May for energy provider Calpine. That probably says more about how cheap assets are today than whether an Exelon-NRG deal makes more sense.
Calpine […]
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From All Things Digital, Oct. 17, 2008: A lot has been written about the need for drastic layoffs at Yahoo, including reports that the troubled company was preparing to fire from 3,000 to 3,500 of its 15,000 employees. …
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