Chris Dodd Calls for Investigation Into Lehman Accounting
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
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?
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’
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
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
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
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
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
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
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 »





