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Is Spain Heading Towards a Bailout?
Spanish, Italian and Portuguese banks are loading up on bonds issued by their own governments, a move that shifts more of the risk of sovereign default to European... Read »
Chesapeake (CHK) CEO Took $1.1 Bln in Shrouded Personal Loans
Aubrey K. McClendon is one of the most successful energy entrepreneurs of recent decades. But he hasn’t always proved popular with shareholders of the company... Read »
Gartman: Expect Market Correction
Dennis Gartman says a market correction is long overdue and now may be the time for that to happen. According to the editor and publisher of The Gartman Letter,... Read »
RIM Said to Discuss Hiring Bank to Help Weigh Strategy Options
Research In Motion Ltd. (RIMM), the troubled maker of the BlackBerry smartphone, is in talks to hire a financial adviser that can help it weigh strategic options,... Read »
Falcone’s Last Stand for LightSquared
Phil Falcone waited at the bar of the Post House in New York with two colleagues and a $199 bottle of Tignanello. His guest, Carl Icahn, was late. Falcone, the hedge-fund... Read »
JPMorgan (JPM) Said to Transform Treasury to Prop Trading
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon has transformed the bank’s chief investment office in the past five years, increasing the size... Read »
S&P 500 will Drop 43% this Year – Shilling
Economist Gary Shilling spoke about the outlook for the U.S. economy with Bloomberg Television’s Adam Johnson and Stephanie Ruhle yesterday afternoon and said... Read »
Gasparino on Goldman Continuing to Investigate Greg Smith’s Claims Over Malicious Talks in Emails
FBN’s Charlie Gasparino reports that in Goldman Sachs’ (GS) investigation of allegations by former company Vice President Greg Smith that employees referred... Read »
Marc Faber on Why He Has a Bearish Outlook for the Markets
Investment analyst and entrepreneur Marc Faber spoke with FOX Business Network’s Liz Claman about the health of the global economy saying “over the last few... Read »
Icahn Nears Stake in Falcone’s Ferrous
Billionaire investor Carl Icahn is nearing agreement to buy a stake in a closely held Brazilian iron ore mining company from Phil Falcone’s Harbinger Capital Partners... Read »






