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The Treasury Department's efforts to stabilize the financial system may push a number of banks out of business. In the past few weeks, as many as 67 financial firms have received a portion of the $700 billion bailout approved by Congress. But absent from the list of companies approved...
"There are a handful of midsize banks that a lot of investors feel like we should have heard from by now about TARP," says Kevin Fitzsimmons, a bank analyst at investment firm Sandler O'Neill. "But we haven't, and there is a growing sense of unease about it."
For a man who rode into the 2008 MTV Music Awards on an elephant and spends most of “Thr33 Ringz” trying to convince the listener that he is the “ringleader” of R&B, T-Pain does little to push the...
The government is also keeping a close eye on the country's banks. Though heavily exposed to the domestic property market, they haven't yet needed the kind of cash injections seen elsewhere in Europe and the U.S. But with credit markets freezing over, the government has guaranteed deposits and...
The handful of presidential scholars I talked to agreed: announcing your presidential ambitions as an undergraduate is a bad idea. But wanting it? That was a different question. “What JFK once said is that wanting to be president is not a normal ambition,” Carl...