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Amex, JPMorgan, Bank of New York Mellon Pass Stress Tests

Leaked results from stress tests show that Citigroup, Bank of America, and Wells Fargo will all be asked to raise capital. read more »
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The Best of Get Rich Slowly: April 2009 ∞ Get Rich Slowly

Before we leave April behind completely, here are a few of my favorite posts from the month... read more »
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Six Potentially Devastating Retirement Investment Mistakes

These are six possibly devastating mistakes you don't want to make when saving for retirement. read more »
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Lewis ousted as BofA chairman, remains as CEO

Walter Massey was named chairman after a proposal to split the chairman and chief executive positions was narrowly approved with 50.3 percent of the [...] read more »
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Would You Put Your Money in Redneck Bank? It's Not A Joke.

Redneck Bank has a humorous website, but also is offering a high-yielding FDIC-insured reward checking account. Meanwhile, FDIC has closed banks with[...] read more »
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Housing Prices Declined by 18.6%

It was reported this week that housing prices in the U.S. declined by 18.6% for the year ending February 28, 2009. read more »
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Will BofA CEO Keep His Job? SHareholders Rail at Annual Meeting

Bank of America Corp.'s (NYSE:BAC) annual meeting is turning out to be a raucous affair as Ken Lewis and the board of directors are getting an earfu[...] read more »
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Bank Lobby On Course To Gut Bankruptcy Bill

The bankruptcy reform bill that passed the House weeks ago amid much fanfare is on course to be gutted by the Senate Thursday. read more »
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When Will Inflation Expectations Lift CD Rates?

The expectation of inflation is enough to increase longer-term interest rates as measured by yields on U.S. Treasury notes and bonds. We also know th[...] read more »
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Bankruptcy Bill Watered Down, Still Fiercely Opposed By Banks

Mortgage Bankers Association (who brought us this subprime mortgage crisis according to Sen. Dick Durbin) and the American Bankers Association are am[...] read more »
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What Happened To FHA Reserves?

The growth of the FHA program has also raised concerns. The Wall Street Journal, reports that the “estimated the economic value of the FHA’s insuranc[...] read more »
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AIG dumped $74 Billion in Subprime, CDOs on Fed

The Federal Reserve took on more than $74 billion in subprime mortgages, depreciating commercial leases and other assets after Bear Stearns Cos. and [...] read more »
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What Are Rate Caps?

Rate caps are features of adjustable rate mortgages. Over the life of an ARM, you may pay several different rates. The start rate is usually a below-[...] read more »
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The Golden Treasure Chests - When Bankers Walk the Plank

What really happens when CEO's are forced out--and what they take with them when they leave...golden treasure chests read more »
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Jim Cramer Literally Flips Out on Dan Solin On CNBC (VIDEO)

Definitely worth a watch....Cramer storms onto the show's set to defend himself and trash index funds, which Solin was advocating. read more »
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