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Financials

JPMorgan's Jamie Dimon Not Worried About A Depression

CNBC | Posted 01.11.2009 | Business

Read More: JPMorgan Chase, Jamie Dimon, Depression, Economy, Financial Crisis, Financials, Finance, Personal Finance, Video, Erin Burnett, Business News

CNBC's Erin Burnett sat down for an exclusive interview with JPMorgan Chase CEO Jamie Dimon today, talking about a range of topics related to the fina...

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Goldman Sachs Going Private?

Clusterstock | John Carney | Posted 12.15.2008 | Business

Read More: Goldman Sachs, Finance, Financials, Economy, Banks, Goldman Sachs Going Private, Financial Crisis, Business News

For weeks now there has been talk that the management of Goldman Sachs might be considering taking the private. Most people dismiss such talk as pure ...

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Short Sellers Moving On To "Safe" Companies

247wallst.com | Douglas A. McIntyre | Posted 12.13.2008 | Business

Read More: Where Are the Short Sellers Going, Finance, Economy, Financials, Financial Crisis, Short Selling, Short Selling Financials, Shorting, Business News

Short sellers are still betting that financial shares will fall but they have boldly moved into shares of companies which are considered healthy, thos...

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"Too Big to Fail" Vs. "Too Big to Be Responsible"

Ryan Mack | Posted 10.23.2008 | Business

Read More: US Economy, U.S. Economy, Corporate Responsibility, FInancial Markets, Corporate America, Corporations, Weak Economy, Financials, Economy, Financial Crisis, Corporate Greed, Bear Sterns, Bankruptcy, Pension Benefit Guarantee Corporation, Tax Breaks, James Cayne, Business Ethics, Bear Stearns Bailout, Bailout, FHA Loans, Financial Ethics, Pbgc, Business News
Ryan Mack

I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.

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Citi Weighs Washington Mutual Takeover Bid

Wall Street Journal | David Enrich and Robin Sidel | Posted 10.20.2008 | Business

Read More: Citigroup, WaMu Takeover, Washington Mutual, Financials, Washington Mutual Takeover, Banks, WaMu Buyer, Washington Mutual Buyer, Business News

Citigroup Inc., moving to take advantage of the turmoil that is hobbling banks throughout the U.S., is considering making a bid for Washington Mutual ...

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Taking Steps To Strengthen Washington Mutual

AP | MICHAEL LIEDTKE and SARA LEPRO | Posted 10.18.2008 | Business

Read More: Washington Mutial, Aig, Lehman Brothers, Banks, Banking Crisis, Financials, Business News

Ailing bank Washington Mutual Inc. appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and nervous bank...

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Wall Street ends lower on concerns over Lehman

AP | BY TIM PARADIS | Posted 10.10.2008 | Business

Read More: Personal Finance, Lehman Brothers, Lehman Bros, Stocks, Fannie Mae Takeover, Freddie Mac Takeover, Financials, Business News

NEW YORK — Stocks tumbled Tuesday, nearly erasing the previous session's big gains, after fresh concerns about the stability of Lehman Brothers ...

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Wall Street pulls back as financials fall

AP | TIM PARADIS | Posted 09.18.2008 | Business

Read More: Financials, Lehman Brothers, Lehman Bros, Stocks, Recession, Bear Economy, Bear Market, Economy, Business News

NEW YORK — Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the gov...

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Short Selling Rules Expire Today

Reuters | Posted 09.12.2008 | Business

Read More: Citigroup, Sec, Freddie Mac, Lehman Brothers, Financials, Fannie Mae, Short Selling Ban, Banking Crisis, Lending Crisis, Short Selling, Shorting Ban, Shorting, Business News

Last month, the SEC imposed a temporary rule that requires investors to borrow stock before executing a short sale in 19 major Wall Street firms such ...

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Freddie Mac Chief Ignored Warnings

New York Times | Charles Duhigg | Posted 08.13.2008 | Business

Read More: Freddie Mac, Financials, Richard F. Syon, Housing Crisis, Fannie Mae, Gses, Mortgage Crisis, Business News

The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial cris...

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Naked Short-Selling Ban Extended Through August 12 -- But That's It

AP | RICHARD JACOBSEN | Posted 08.07.2008 | Business

Read More: Short-Selling, Naked Short-Selling, Sec, Christopher Cox, Fannie Mae, Freddie Mac, Short-Selling Ban Extended, Naked Short-Selling Ban Extended, Financials, Lending Crisis, Banking Crisis, Recession, Economy, Business News

Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance ...

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Why The Merrill Thing Matters: Domino Write-Down Effect

BloggingStocks, Reuters, DealBreaker | Posted 08.06.2008 | Business

Read More: Merrill Lynch, Citigroup, John Thain, Insider Trading, Financials, Economy, Banking Crisis, Merrill Lynch CEO, Business News

DealBreaker's Bess Levin reports that Merrill Lynch's bad news this week is contagious: Emboldened by Merrill's courting of public embarrassment, Cit...

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Why Some People Hate The Housing Rescue

Dealbreaker | John Carney | Posted 08.05.2008 | Business

Read More: Fannie Mae, Freddie Mac, Stocks, Financials, Housing Rescue, Business News

Over the weekend the Senate overwhelmingly passed a the mortgage bailout bill that includes a government rescue plan for mortgage finance giants Fanni...

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Will Skittish Banks Slow U.S. Economy Even More?

New York Times | Peter S. Goodman | Posted 08.05.2008 | Business

Read More: Banking Crisis, Lending Crisis, Financials, Loans, Business News

"The second half of the year is shot," said Michael T. Darda, chief economist at the trading firm MKM Partners in Greenwich, Conn., who was until rece...

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Short-Selling Protection Expanded Could Hurt Computerized Trading: Report

Wall Street Journal | Jenny Strasburg, Kara Scannell and Randall Smith | Posted 08.05.2008 | Business

Read More: Short Selling Protection, Sec, Freddie Mac, Computerized Trading, Financials, Short Selling Laws, Fannie Mae, Short Selling, Shorting Laws, Business News

The rules appear to have had their intended effect of halting the slide in shares of financial companies such as Fannie Mae, Freddie Mac and Lehman Br...

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