Hidden Traps Make Bank Stocks a Bad Deal

Billionaire investor George Soros said yesterday (Monday) that the U.S. recovery would be a slow one because of all the "basically bankrupt"...

CIT Offers Debt Exchange, Draws Up Bankruptcy Plans

In what is being viewed as a last-ditch effort to avoid filing for protection from its creditors, commercial lender CIT Group Inc. (NYSE: CIT) is...

It's the Best Investment in North America - and It Isn't the United States

The U.S. stock market has run up magnificently in the last six months. The U.S. economy has begun to recover, but its performance has fallen short of...

Citigroup Lifts Curtain on $36.5 Billion in TARP Money; Will Other Banks Follow?

By Mike Caggeso Associate Editor Money Morning Citigroup Inc. (C) is lifting the curtain on the $45 billion in taxpayer capital it received, saying...

With the Senate Bailout Vote Set for Tonight, Odds Makers are Betting on Success

By William Patalon III And Jason Simpkins Money Morning Editors The U.S. Senate plans to vote tonight (Wednesday) on a $700 billion banking-bailout...

Jim Rogers: "Nowhere does it say you're supposed to bail out investment banks"

By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report A year ago, a share of The Bear Stearns Cos. Inc. (BSC) would have cost you...

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