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Bernanke Defends Merrill Lynch Deal
Ben Bernanke, Chairman of the US Federal Reserve, is answering quesitons in Congress today, defending his role in the Bank of America takeover of Merrill Lynch. BofA CEO Kenneth Lewis claims that Bernanke threatened to have him removed if the takeover deal fell apart, a claim...
President Obama & NY Attorney General Cuomo Outraged by AIG
""Taxpayers of this company are now supporting AIG, and they deserve at the very least to know how their money is being spent." Andrew Cuomo, New York Attorney General. " When word got out that AIG, the failed... Bank of America's Virginia Hammerness, Executives are "Idiots"
Granddaughter of Bank of America founder A.P. Giannini, 75-year old Virginia Hammerness, chastised current bank executives as "idiots" and said her grandfather must be "rolling over in his grave" over the way they... Greg Fleming Leaves Merrill Lynch
Days after Merrill Lynch merged with Bank of America, Greg Fleming, Merrill's COO for more than 20 years, has announced his resignation. Fleming was one of the architects of the merger. Fleming will apparently...Wall Street Mess and the Foreclosure Crisis
"When America woke up this Monday morning, the news that hit them is certainly something that one will not expect. Investment giants Lehman Brothers and Merrill Lynch were suffering from losses so huge that the... Are the Republicans the party that wrecked America?
That is the view of James Kunstler in his most recent blog entry. Kunstler has been forecasting the current financial crisis for a long time now." We should be frightened... Targeting of U.S. Citizens by Gov't Agencies: Root Cause of Wall Street Finan...
GET POLITICAL w/ VIC LIVINGSTONCould government "targeting" of American citizens outside the bounds of the judicial system be one of the root causes of the Wall Street financial meltdown that threatens to devastate the global economy?Victims of so-called "organized gang... End of wall street bull fight, Investment bank dead, the Winner is the Commer...
Opinion Solarlife, Money talks politcs: "people" VIDEO Wall street bull fightInvestment banks go, Commercial bank returned as winnerBorrowed money for speculation against saving accounts for business... US stocks head for lower open ahead of Fed meeting
"NEW YORK - U.S. stocks headed for a lower open Tuesday, a day after Wall Street's worst day in years, as nervous investors awaited a decision from the Federal Reserve on interest rates. ... Wall Street: 20 Billion Dollar Bail-out for AIG
American International Group, Inc. (AIG), the insurer at the center of the troubled Wall Street financial system, is bailed out by New York State Governor Paterson, who directed a one-time lifting of state...
created by Rhonda J Mangus | 1 year ago | updated 45 wks ago
792 views | 28 recommendations | 9 comments
792 views | 28 recommendations | 9 comments
Wall street black hole, who are the Key player's ? profiles Lehman, Merill Ly...
Robert Willumstad, chairman chief executive AIG, Quote: If AIG went down, a number of banks' balance sheets would be mullered - there would a dangerous risk to the stability of the global financial... The Collapse of the Shadow Banking System
NYU Professor, Nouriel Roubini called the sub prime collapse and more recently the Lehman collapse months before it happened. He speculated over the weekend what a failure of Lehman might mean. The... Bank of America Corporation (NYSE: BAC) Buys Merrill Lynch (NYSE: MER)
Interview with Tom Barkley, assistant professor of finance in the Whitman School of Management at Syracuse University. Lehman Bros & Merrill Lynch Learn a Lesson.
The International Institute of Nonviolence News&Opinion By: Rev. Jermano 158 year old Lehman Brothers filed for chapter 11 Bankruptcy today with 60 billion in debts, and Bank of American has offered to... Wall Street banks fight for life
It's bloodbath in stock market everywhere. The meltdown started after one of biggest investment bank on the Wall street Merrill Lynch was bought over by Bank of America. Merrill Lynch, the Wall Street investment...
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