Bollywood Blockbuster: Wach and Wells
What may be a surprise to Citi’s CEO Vikram Pandit, his new bride Wach has left the nest and is...
Archive
HOUSE PASSES BAILOUT BILL
263-171 in favor of the bill.
Wachovia Tumult: Citi Blasts Wells Fargo-Wachovia Deal
Citigroup Inc. today came out firing after Wells Fargo & Co. swooped in to ink a takeover deal with Wachovia...
New Bailout Proposal Gets “Thumbs Up” from Senate
The Senate passed a re-vamped version of the $700 billion bailout proposal last night. The next nut to crack, winning...
A Very Model of a Modern Major Funding Vehicle
The full-court press from Congress and the Bush Administration will likely yield some form of banking bailout. Whether higher levels...
CREDIT CRISIS: U.S. Stock Markets Open with Optimism
The U.S. markets just opened. As of 9:33 a.m. ET, the markets are rebounding on the expectation that the bailout...
CREDIT CRISIS: Morning Recap of the Asian and European Markets
The tremendous plunge in U.S. stock markets yesterday -- the largest one-day drop in U.S. history -- sparked some declines...
CREDIT CRISIS: Bailout Proposal Rejected
President Bush's plea this morning to urge Congress to pass the $700 billion bailout was not enough to win over...
Bailout Package Appears Set to Fail House Vote; Dow Plunges 500
WSJ IS REPORTING THAT THE HOUSE APPEARS POISED TO REJECT THE BAILOUT BILL.
CREDIT CRISIS: Citigroup Emerges as Wachovia’s White Knight
In an odd twist, the Federal Deposit Insurance Corp. announced today that Citigroup Inc. will purchase the banking operations of...
