NEW YORK — JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was se...
John Tepper Marlin | Posted 07.19.2008 | Business
Phil Gramm designed the 1999 takedown of the Glass-Steagall Pillar. It's just too bad, if you support Obama, to see such a juicy target removed.
Reuters | Chris Reiter | Posted 03.25.2008 | Business
Employees at Bear Stearns Cos were hardly celebrating the day after JPMorgan Chase & Co raised its bid for Bear five-fold. Instead, resignation, bitt...
Silicon Alley Insider | Henry Blodget | Posted 03.25.2008 | Business
Read between the lines of the Bear Stearns-JP Morgan story and it seems clear that the parties who insisted on the original $2 deal price were not JP ...
ABC News | SCOTT MAYEROWITZ | Posted 03.25.2008 | Business
Wall Street investors couldn't applaud enough last week when the Federal Reserve rode in and rescued investment bank Bear Stearns from bankruptcy. Bu...
New York Post | ZACHERY KOUWE | Posted 03.25.2008 | Business
BlackRock boss Larry Fink may want to thank the Federal Reserve for handing him a fistful of new business yesterday. As part of JPMorgan's sweetened ...
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...
AP | JOE BEL BRUNO | Posted 03.24.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s higher offer for Bear Stearns on Monday gave the investment bank control of nearly 40 percent of its ailing ri...
New York Times | ANDREW ROSS SORKIN | Posted 03.24.2008 | Business
JPMorgan Chase was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns, the beleaguered investment bank, in an effort ...
Reuters | Posted 03.23.2008 | Business
Bear Stearns Cos (BSC.N: Quote, Profile, Research) could fetch a higher takeover bid from JPMorgan Chase & Co (JPM.N: Quote, Profile, Research), and a...
New York Times | Landon Thomas Jr. and Eric Dash | Posted 03.20.2008 | Business
James Dimon tramped through the rain on Wednesday evening and strode into the headquarters of Bear Stearns, the embattled investment bank he hopes to ...
Reuters | Posted 03.18.2008 | Business
Visa Inc, the world's largest credit card network, on Tuesday raised $17.9 billion in an initial public offering, the largest-ever U.S. IPO. San Fran...
236.com | Posted 03.18.2008 | Business
Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financia...
Reuters | Posted 03.18.2008 | Business
The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point Tuesday, a substantial cut but smaller than many in finan...
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...
MarketWatch | Steve Goldstein | Posted 03.06.2008 | Business
UBS may have sold a portfolio of Alt-A securities worth 25 billion Swiss francs ($24.1 billion), according to an analyst at J.P. Morgan. UBS was "hig...
Daily Mail | Posted 01.28.2008 | Business
Tony Blair was a step closer to his predicted £40million a year salary today after being signed up by a second financial firm. The former prime mini...
AP | Madlen Read | Posted 01.16.2008 | Business
JPMorgan Chase & Co. said Wednesday its fourth-quarter profit fell 34 percent after its exposure to subprime mortgages -- though much smaller than at ...
AP | Madlen Read | Posted 01.13.2008 | Business
This week's flood of readings on inflation, retail sales and earnings is just what a data-hungry Wall Street has been anxious for. But it could be a ...
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...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
UPDATE 12/2: Marc Ambinder is reporting that Jeb Bush is considering a run for the Senate to...
President Bush let it all out today during an interview with ABC News' Charlie...
this just in: Governor Palin Neglects Alaska Duties for Partisan Stumping on...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Pardon the metaphor, but Obama is trying to put lipstick on the pig that is US...
President-elect Barack Obama and Vice President-elect Joe Biden met in Philadelphia...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
Last night, CNN's Campbell Brown criticized President-elect...
DALLAS — Of all the cajoling, snide remarks and...
Now that Americans have footed the bill for more than a...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
AP | MARCY GORDON, SARA LEPRO and MADLEN READ | Posted 09.25.2008 | Business