Chris Dodd Calls for Investigation Into Lehman Accounting

editor|Mar 20, 2010| 

In a letter to Attorney General Eric Holder, Sen. Chris Dodd (D – Conn.), the chairman of the Senate Banking Committee, urged the Justice Department to create... Read »

Greek PM: Greece One Step From Being Unable to Borrow

Ron Haruni|Mar 19, 2010| 

After warning yesterday officials in Brussels that Greece will be forced to turn to the IMF if European leaders fail to offer it a concrete financial aid package... Read »

Cintas: How High Will It Go?

Ockham Research|Mar 19, 2010| 

Business services provider Cintas (CTAS) has experienced decent appreciation in their stock over the past month, essentially the up-trend started soon after they... Read »

Dodd Bill Allows Wall Street Firms for ‘Backdoor Bailouts’

editor|Mar 19, 2010| 

Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., raised ’serious concerns’ about a provision in the financial reform bill, released this... Read »

Palm Gets Slapped with $0 Price Target

Ockham Research|Mar 19, 2010| 

On Thursday, Palm Inc (PALM) reported results for the quarter that ended in February that were quite a disappointment to the market and one analyst in particular.... Read »

Fed Must Disclose Bailout Documents, Court Orders

editor|Mar 19, 2010| 

A federal appeals court in Manhattan ruled today that the Fed must release records of the unprecedented $2 trillion U.S. loan program launched primarily after Lehman... Read »

Icahn Offers to Acquire Lions Gate Entertainment

editor|Mar 19, 2010| 

Billionaire investor Carl Icahn confirmed on Friday that he is now launching an all-out bid to take over Lions Gate Entertainment Corp. (LGF). The move by Mr. Icahn... Read »

Stephen Roach Says Take Out the Baseball Bat on Paul Krugman

editor|Mar 19, 2010| 1

Stephen Roach, Chairman of Morgan Stanley (MS) Asia, said a baseball bat should be taken to economist Paul Krugman for suggesting that if China doesn’t move... Read »

States Accuse Wall Street Firms of Deceptive Practices

editor|Mar 18, 2010| 

FBN’s Elizabeth MacDonald just broke some Wall Street developments. She is basically reporting that due to their $440 billion budget shortfall, states and towns... Read »

Greenspan Acknowledges Missteps but Defends Fed Policy on the Housing Bubble

editor|Mar 18, 2010| 

Former Federal Reserve chairman Allen Greenspan, whose reputation has been tarnished by the global financial crisis, argues that his 2002 to 2005 policy of low interest... Read »