Group Think, Duct Tape and Slam Dunks
BofA
Breaking The Bank : Behind The Financial Meltdown ~ Frontline [Video]
F R O N T L I N E In Breaking the Bank, FRONTLINE producer Michael Kirk (Inside the Meltdown, Bush’s War) draws on a rare combination of high-profile interviews with key players Ken Lewis and former Merrill Lynch CEO John Thain to reveal the story of two banks at the heart of the financial […]
MoreIt’s Goldman Sachs’ Party And They’ll Profit If They Want To
THE GREAT AMERICAN BUBBLE MACHINE ROLLING STONE MATT TAIBBI From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression – and they’re about to do it again The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment […]
MoreBanks Got Cheatsheet For Their “Stress Tests”
Banks Won Concessions on Tests Fed Cut Billions Off Some Initial Capital-Shortfall Estimates; Tempers Flare at Wells WALL STREET JOURNAL By DAVID ENRICH, DAN FITZPATRICK and MARSHALL ECKBLAD The Federal Reserve significantly scaled back the size of the capital hole facing some of the nation’s biggest banks shortly before concluding its stress tests, following two […]
MoreU.S. Lawmakers Smell Something Fishy in Bank of America / Merrill Deal
U.S. lawmakers seek BofA-Merrill probe R E U T E R S Fri Apr 24, 2009 By Kim Dixon and Rachelle Younglai WASHINGTON (Reuters) – Momentum is building among U.S. lawmakers to investigate Bank of America’s (BAC.N: Quote, Profile, Research, Stock Buzz) purchase of Merrill Lynch, amid allegations that federal officials gave the bank’s chief […]
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