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It makes more sense to invest for the probability that the world will outlive this collapse -- as surely as it did all others in history -- instead of for the remote possibility that the apocalypse is finally upon us.
It makes more sense to invest for the probability that the world will outlive this collapse -- as surely as it did all others in history -- instead of for the remote possibility that the apocalypse is finally upon us.
Charlie Rose | Posted 07.07.2008 | Business
Raymond J. Learsy | Posted 07.03.2008 | Business
In an interview with Charlie Rose, JP Morgan Chase CEO Jamie Dimon, in his engaging way, asked his audience a seemingly innocuous question: "Who among you is upset with $4 plus gasoline?"
NY Mag | Arianne Cohen | Posted 05.12.2008 | Business
Don't feel too sorry for the soon-to-be-laid-off employees at Bear Stearns: Right now they're getting paid to do nothing. "I'd say 50 percent of my de...
AP | MADLEN READ | Posted 04.16.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s profit fell 50 percent in the first quarter after the bank took a provision of $5.1 billion to strengthen its ...
Reuters Via CNBC | Posted 04.07.2008 | Business
Bear Stearns employees are flooding Wall Street with their resumes as the firm is acquired by rival JPMorgan Chase, but the job market looks bad, inve...
John Tepper Marlin | Posted 03.28.2008 | Politics
Senator McCain's approach to the credit crisis was today described by the LA Times as "dubious". He was speaking In Santa Ana, Orange County - home co...
James Berman | Posted 03.26.2008 | Business
There are only a few moments in an investment lifetime where there is fear so thick and the pricing so low that great riches await those willing to bear the risk of buying. This is one of those times.
New York Observer | Tom Acitelli | Posted 03.26.2008 | Business
"I think that one of the things in this crisis all along has been it's like a mystery novel," David Wessel, the economics editor for The Wall Street J...
New York Post | PAUL THARP and ZACHERY KOUWE | Posted 03.24.2008 | Business
From today's New York Post: Anger has reverberated all week throughout the gloomy Madison Avenue offices, where dethroned chief Jimmy Cayne has walke...
Yvette Kantrow | Posted 03.20.2008 | Media
There's nothing like an apparent "bailout," to get the media's blood pumping. And Bear Stearns, never exactly home of saints, is an easy target.
Allison Kilkenny | Posted 03.20.2008 | Business
Corporations are above the law. In fact, elected officials rush around to accommodate them, even when it requires stealing taxpayer money to mend the damage the corporations caused in the first place.
Steven G. Brant | Posted 03.18.2008 | Business
Maybe when Wall Street falls back to Earth, it will be different kind of Earth -- a more humane and compassionate one -- than the one it was on before.
Reuters | Posted 03.17.2008 | Business
U.S. Treasury Secretary Henry Paulson on Monday defended government moves to rescue Bear Stearns Cos Inc (BSC.N) from bankruptcy, saying it was import...
David M. Abromowitz | Posted 03.17.2008 | Business
The Wall Street holders of overvalued mortgage pools are too important to fail, but homeowners drowning in debt are told to keep paying not matter what.
Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 03.17.2008 | Business
Joseph Lewis, the billionaire investor who bought 9.4 percent of Bear Stearns Cos. last year, lost $1.16 billion on his stake after JPMorgan Chase & C...
Linda Keenan | Posted 03.17.2008 | Business
The pill gave the markets a quick burst, but the fast-acting stimulus soon wore off, leaving investors unimpressed and thoroughly unsatisfied.
AP | STEPHEN BERNARD and JOE BEL BRUNO | Posted 03.14.2008 | Business
NEW YORK — On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos...
Wall Street Journal | LINGLING WEI, RANDALL SMITH | Posted 03.03.2008 | Business
After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and o...
Fortune's Stanley Bing | Posted 02.27.2008 | Business
I just had what I believe to be a very satisfactory discussion with a nice woman who has not yet gone postal at the Postal Service.
AP | Madlen Read, Joe Bel Bruno | Posted 01.16.2008 | Business
The bill for America's excessive borrowing during the housing boom has arrived, and more people are having trouble paying it. JPMorgan Chase & Co. an...
Wall Street Journal | MARK MAREMONT and SUSANNE CRAIG | Posted 01.14.2008 | Business
In the spring of last year, two investment arms of J.P. Morgan Chase & Co. began accumulating shares in Rural Cellular Corp., a small Minnesota provid...
Wall Street Journal | ROBIN SIDEL | Posted 12.03.2007 | Business
J.P. Morgan Chase & Co. is putting its money to work. After years of watching rival Wall Street firms plow their own cash into principal investments,...
Wall Street Journal | VALERIE BAUERLEIN | Posted 11.14.2007 | Business
Bank of America Corp.'s write-down of $3 billion in collateralized debt obligations offered fresh evidence of how much financial giants are struggling...
Portfolio | Jeffrey Cane | Posted 11.12.2007 | Business
The three biggest banks in the nation--Citigroup, Bank of America, and J.P. Morgan Chase--have agreed on the structure of a $75 billion fund intended ...
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...
James Berman | Posted 07.17.2008 | Business