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Full coverage of the financial meltdown plaguing Wall Street and the world economy.
Dealwatch
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[Posted on November 20, 2009 at 12:27 PM]
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So the beginning of the end for the Federal Reserve we've known for almost a century has begun with Rep. Ron Paul's proposal to audit the central bank inching closer Continue reading
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[Posted on November 19, 2009 at 5:12 PM]
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AIG's biggest sale yet, the $2.7 billion disposal of Taiwan's Nan Shan Life, has reportedly come up against regulatory hurdles because the buyer is Chinese. Continue reading
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[Posted on November 19, 2009 at 11:03 AM]
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Instead of allowing Lehman Brothers to collapse, the government could have stood by the beleaguered bank and helped it unwind slowly, bankruptcy lawyer Harvey Miller of Weil Gotshal said. Continue reading
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[Posted on November 19, 2009 at 8:25 AM]
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Richard Bove says Goldman Sachs will make a lot of donations to try to assuage anger against the firm. Continue reading
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[Posted on November 18, 2009 at 2:14 PM]
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Ben Garber, economist for Moody's Capital Markets, said he does not think near-term inflation as a result of the government's stimulus and recovery efforts will be a serious problem. Continue reading
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[Posted on November 18, 2009 at 12:47 PM]
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According to Rochdale Securities analyst Richard Bove, Congress is handling the reorganization of the banking sector the wrong way and the unintended consequences will be great. Continue reading
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[Posted on November 17, 2009 at 3:02 PM]
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GMAC's ouster of CEO Alvaro de Molina does not bode well for his candidacy to succeed Bank of America's CEO Ken Lewis. Continue reading
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[Posted on November 16, 2009 at 4:02 PM]
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Rodgin Cohen, dubbed the 'trauma surgeon of Wall Street' by The New York Times, sat down for video interviews with The Deal, sharing his reflections on 'the madness we saw Continue reading
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[Posted on November 16, 2009 at 11:47 AM]
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Three more banks failed this weekend, bringing the grand total of bank failures this year to 123. It's likely that bank failures could reach 150 by the end of the Continue reading
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[Posted on November 13, 2009 at 3:56 PM]
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The successful IPOs of PE-backed retailers Dollar General, Rue21, Vitamin Shoppe and Dollarama will likely encourage more PE portfolio companies to go public. KKR-backed Toys "R" Us is a candidate, Continue reading
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[Posted on November 12, 2009 at 2:35 PM]
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The rumor mongering about the possibility of Jon Corzine replacing Ken Lewis as CEO of Bank of America has reached a point where the former Goldman Sachs CEO has formally Continue reading
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[Posted on November 12, 2009 at 10:06 AM]
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Andrew Ross Sorkin's 'Too Big to Fail' is a big, ambitious book that tries to establish by sheer accumulation of detail and anecdote primacy to explain what exactly happened amid Continue reading
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Complete Crisis On Wall Street archive
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