Bank of America to divulge lawyers' advice

10 Huge Bailouts From the Financial Meltdown

By: steph10

The Huffington Post has reported that it has been a little over a year since Congress and former President Bush gave the Treasury Department the authority to distribute hundreds of billions of taxpayer dollars to failing banks, auto manufacturers, and AIG. The Freddie Mac and Fannie Mae bailouts, in the amounts of $50.7 billion and $44.9 billion, ...

about 1 month ago

If stocks drop, corporate bonds may feel the heat

By: BiodunIginla

Monday, October 5, 2009 Fri Oct 2, 2009 3:20pm EDT John Parry, Judith Stein, and Biodun Iginla for the BBC - Analysis NEW YORK - If U.S. stocks were to enter another bear market amid fears of a second recession, this year's spectacular corporate bond market rally is in danger of reversing. Yield-seeking

about 1 month ago

US bank failures top 100 for year

By: patelashishme0932

The number of US bank failures this year has topped more than 100 after US federal regulators shut down a trio of small Florida banks. Bank failures have cost the Federal Deposit Insurance Corporation (FDIC) fund that insures deposits an estimated $25bn this year. More US banks have now failed this year than in any year since 1992. The ...

about 1 month ago