Wells Fargo Lowers Q4 Loss

Wells Fargo

Just in case we have not had enough bad news from banks, Wells Fargo (NYSE:WFC) delivers yet another blow.

Roubini: "We Are Still All Doomed"

Nouriel Roubini

If easily depresed, do not watch

Obama's 'Bad Bank' plan lifts Stocks

President Elect Barack Obama

U.S. banks stocks are up today on reports that the Obama administration may adopt a plan to buy bad assets in the financial system and create a so-called "bad bank" to hold them.

Plan to Let Judges Adjust Mortgage Terms Will Sieze Home Loan Market

US Capital

Another abysmal idea from Congress....just stop folks..

New Fed Rules Protect Credit Card Users

Ben Bernanke

It's a start

2009: "Enormous Comeback for Financials"

Bear Market



Wells Fargo: More Bids But Don't Get Happy

Wells Fargo

Classic "good news  / bad news" scenario

Wachovia CEO Will Not Collect Bonus

Robert Steele, Wachovia

We aren't supposed to be impressed are we?

Taxpayer Bailout Bill? Try $7 TRILLION

US Capital

Comes to $24k per person and 9 times the amount spent in Iraq and Afghanistan

US Gov't Largest Citi Shareholder

Uncle Sam

Who is the largest investor in US financial institutions? Yup....Uncle Sam

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