The bailout of Bear Stearns could be the first of a wave of financial lifeboats. Relax -- it's not so bad.
ABC News | Russell Goldman | Posted 03.19.2008 | Business
As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...
ABC News | Russell Goldman | Posted 03.19.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
Posted 03.18.2008 | Business
Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...
The Huffington Post | Posted 03.17.2008 | Business
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
Loretta Napoleoni | Posted 03.17.2008 | Business
The collapse of Carlyle Capital and the rescue of Bear Stearns signal the end of nearly two decades of easy money, cheap credit and soaring global debt.
ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
NY Times | LANDON THOMAS Jr. | Posted 03.17.2008 | Business
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...
New York Times | STEVEN LEE MYERS | Posted 03.17.2008 | Politics
As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...
AP | TOM RAUM | Posted 03.17.2008 | Politics
WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...
AP | MADLEN READ | Posted 03.17.2008 | Business
NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...
Mortgage News Daily | Posted 03.17.2008 | Business
The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...
CNN/Money | Colin Barr | Posted 03.17.2008 | Business
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...
Huffington Post | Posted 03.17.2008 | Business
UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...
AP | ANDREW TAYLOR | Posted 01.23.2008 | Business
WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...
Reuters | Posted 01.09.2008 | Business
Former British prime minister Tony Blair is expected on Thursday to join U.S. bank JPMorgan Chase & Co Inc (JPM.N) as a senior adviser, according to a...
AP | Posted 12.18.2007 | Business
A 710-year-old copy of the declaration of human rights known as the Magna Carta _ the version that became part of English law _ was auctioned Tuesday ...
Posted 12.06.2007 | Politics
Harried homeowners seeking mortgage relief from a new Bush administration hotline Thursday had to contend with a bit of temporary misdirection from th...
The McCain campaign implied on Wednesday that Barack Obama's commitment...
Before the largest crowd of his campaign, Democratic presidential contender Barack...
When Katie Couric told Haaretz that "The glory days of TV news...
There is one more John McCain gaffe that...
As we have observed throughout the last several years,...
In a flagrant political act, the State Department has...
**UPDATE 7/25** ThinkProgress now reports that the bar...
** Update below: Nas delivers Fox petition to Stephen...
BARCELONA, Spain — Christian Bale swept into Barcelona on Wednesday night to attend a...
If you're wondering about the recent articles claiming that a study found...
HOUSTON — A "dead zone" in the Gulf of Mexico off...
WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at...
Ann Handley | Posted 03.25.2008 | Business