Surprise Rejection of Bailout Deal Causes Record Decline in U.S. Stocks, Paves the Way for a Better Accord

By William Patalon III,Jennifer Yousfi and Jason Simpkins Money Morning Editors In a move that will reverberate from Wall Street to Main Street, the...

Although the Bailout Bill Was Rejected, It's No Time to Panic

By Martin HutchinsonContributing EditorMoney Morning Unless you’re the chairman of the George W. Bush Presidential Library hoping for one last...

After Reloading With Wachovia's Banking Business, Citigroup Takes a New Aim at the U.S. Banking Market

By Jason Simpkins Associate Editor Citigroup Inc. (C) will acquire Wachovia Corp.’s  (WB) banking operations for $2.l6 billion, a deal that will...

Credit Crisis Update: Foreign Stocks Dive Monday on Trio of European Bank Bailouts

By Jennifer YousfiManaging Editor World markets plunged today (Monday) after several European governments had to step in and prop up three key banks...

Congress Unveils Bailout Plan, but Will the Markets Respond?

By Jason Simpkins Associate Editor After some late-week political wrangling that also consumed most of the weekend, congressional leaders late...

The $700 Billion Bailout Plan Will Remain the Top Story of the Week

By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report Even with a congressional compromise having been reached, the $700 billion...

Buy, Sell or Hold: Suncor Energy Inc.

Q: Please tell me about Suncor Energy. Thank you.  Reader Joseph A. Kurtz. On July 21, when oil was trading at some $125 a barrel and in an apparent...

Since You Asked ... Here's How I Would've Fixed the Fiasco

I was speaking to a standing-room-only crowd at a North Carolina investing conference recently when a sharply worded question soared over the...

JPMorgan Chase Biggest U.S. Bank With Its Purchase of Failed WaMu

By Jennifer YousfiManaging Editor JPMorgan Chase & Co. (JPM) became the largest U.S. bank, based on deposits, with its purchase of the most...

Republican Opposition to Paulson's Bailout Plan Stalls Talks

By Jason Simpkins Associate Editor An insurrection among Republicans in the House of Representatives today (Friday) torpedoed any chance that the...

Although Congress Squelches the "Paulson Plan" it's Still $700 Billion to You and Me

By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report Did U.S. taxpayers dodge a bailout bullet? Maybe not completely. To be...

While Lawmakers Reach Credit Crisis Compromise, Money Morning Bailout Plan Expert Displays Doubt

By Jason Simpkins, Jennifer YousfiAnd William Patalon IIIMoney Morning Editors Congressional negotiators late yesterday (Thursday) reached a...

GE Cuts Earnings Forecasts Amid U.S. Credit Turmoil, Shifts Focus to Industrial Businesses in China

By Jason Simpkins Associate Editor General Electric Co. (GE), yesterday (Thursday) reduced its annual profit forecast for the second time this year...

Dear Hank: Here's How to End the Credit Crisis at No Cost to Taxpayers

By Shah Gilani Contributing Editor While it's clear from the current credit crisis that our financial system is at a critical juncture, it's just as...

Credit Crisis Update: U.S. Stocks Skid as Bailout Bogs Down, President to Address the Nation

By Jennifer Yousfi Managing Editor U.S. stocks dropped for the third straight day yesterday (Wednesday) on worries that increasingly rancorous...

Buffett's Goldman Deal Has Big Benefits, but What Else is Berkshire Up To?

By Jason Simpkins Associate Editor Investing icon Warren Buffett took his own advice Tuesday - getting "greedy when others are fearful" -...

Global Investing Roundups

Oil Prices Slide on Demand Drop; Home Prices and Sales Fall in August; Nike Adjusted Earnings Up 10%; GM to Sell Strasbourg Plant; Digg's New Dough;...

Confidence Crisis for Hong Kong Bank Tied to Lehman Bros. Rumors

By Jennifer YousfiManaging Editor Rumors of a capital crisis due to overexposure to distressed U.S. securities drove shares of a Hong Kong bank...

How Complex Securities, Wall Street Protectionism and Myopic Regulation Caused a Near-Meltdown of the U.S. Banking System

[In Part III of his three-story investigation of the credit crisis,Money MorningContributing Editor Shah Gilani details how the very complexity of...

Why China is Still the World's Best Long-Term Profit Play

By Jason SimpkinsAssociate Editor While a recent crop of economic data suggests that China is not fully insulated from the economic turmoil that has...

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