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Merrill Lynch Won't Discuss Lehman Brothers Exposure

Posted by sumib 1320 days ago (http://money.cnn.com)
Category: Economy | Tags: lehmann brothers merrill lynch
Merrill Lynch & Co. (MER) dodged analyst questions regarding Lehman Brothers Holdings Inc.'s (LEHMQ) bankruptcy exposure.
On Thursday's third-qu[...] read more »
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Cuomo Seeks Recovery of Bonuses at A.I.G.

Posted by sumib 1320 days ago (http://www.nytimes.com)
Category: Economy | Tags: aig aig insurance
Recently bailed out by the federal government, A.I.G. is afloat only because of billions of dollars in government loans. With more and more taxpayer [...] read more »
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Morgan seals deal with Mitsubishi

Posted by sumib 1323 days ago, popular 1322 days ago (http://money.cnn.com)
Category: Tech | Tags: mitsubishi morgan stanley
Morgan Stanley wrapped up plans to sell a part of itself to Mitsubishi UFJ for $9 billion, the two companies said Monday, reviving hopes that the Wal[...] read more »
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Europe Unified On Proposal to Protect Banks

Posted by sumib 1323 days ago, popular 1322 days ago (http://www.washingtonpost.com)
Category: Economy | Tags: europe financial crises
Morgan Stanley wrapped up plans to sell a part of itself to Mitsubishi UFJ for $9 billion, the two companies said Monday, reviving hopes that the Wal[...] read more »
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Stocks snap back after days of steep declines

Posted by sumib 1323 days ago, popular 1322 days ago (http://www.buffalonews.com)
Category: Stocks | Tags: stocks rise us stocks
U.S. stock prices shot higher in early trading today, giving some relief from the huge losses posted last week.
At 10:30 a.m., the Dow Jones indus[...] read more »
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Panicky Sellers Darken Afternoon on Wall Street

Posted by sumib 1325 days ago (http://www.nytimes.com)
Category: Stocks | Tags: wall street
Until 3 p.m. on Thursday, it seemed as if the stock market might escape another dark day. Then the selling hit — and hit and hit again, mimicking tra[...] read more »
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G-7 Commit to `All Necessary Steps' to Stem Global Meltdown

Posted by sumib 1325 days ago, popular 1323 days ago (http://www.bloomberg.com)
Category: Economy | Tags: g-7 global meltdown
Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failin[...] read more »
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GM, Chrysler in merger talks: source

Posted by sumib 1325 days ago, popular 1323 days ago (http://www.reuters.com)
Category: Economy | Tags: chrysler gm
General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when[...] read more »
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Apparel chains report dismal September sales

Posted by sumib 1326 days ago, popular 1325 days ago (http://ap.google.com)
Category: Economy | Tags: abercrombie
Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the[...] read more »
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Jobless claims fall from 7-year high

Posted by sumib 1326 days ago, popular 1325 days ago (http://money.cnn.com)
Category: Commodities | Tags: america unemployment
The number of out-of-work Americans filing new claims for unemployment insurance last week edged off a seven-year high but was higher than economists[...] read more »
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US government may take ownership stakes in banks

Posted by sumib 1326 days ago, popular 1326 days ago (http://ap.google.com)
Category: Economy | Tags: us banks government ownership
News that the Bush administration is considering taking ownership stakes in a number of U.S. banks helped restore a relative calm over global financi[...] read more »
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Wobbly world markets plunge Dow below 10,000

Posted by sumib 1329 days ago (http://www.newsday.com)
Category: Stocks | Tags: dow plunges
As a crisis of confidence overtook stock markets around the world and credit markets remained frozen, the Dow Jones industrials dove below 10,000 for[...] read more »
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Wachovia: A Split May Boost the Banking Industry

Posted by sumib 1329 days ago (http://www.businessweek.com)
Category: Economy | Tags: wachovia
For Washington policymakers, the prospect of a grinding, slow-motion legal fight between Citigroup (C) and Wells Fargo (WFC) for the spoils of troubl[...] read more »
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Fuld Targeted by Lawmakers as Surrogate for Wall Street Excess

Posted by sumib 1329 days ago (http://www.bloomberg.com)
Category: Economy | Tags: us foreclosure wall street
Lawmakers lashed out at Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, peppering him for two hours with queries about excessive [...] read more »
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U.S. loses 159,000 jobs in September, worst one-month drop in five years

Posted by sumib 1332 days ago, popular 1331 days ago (http://www.latimes.com)
Category: Economy | Tags: us unemployment
Economists say the accelerating pace of unemployment, combined with the most severe credit crisis since the Great Depression, makes the label of 're[...] read more »
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