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74Which banks are in the most trouble now?
After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown...
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61Are the short sellers to blame for this market crisis?
Short selling has always been a highly scrutinized practice, but never has the scrutiny been as intense as it has become in the last 24 hours. As the financial system seems to be grinding to a halt and bank...
3 comments
61What happened to the one-time write off for the credit crisis?
The subprime virus has spread! Rewind to the end of last year when the subprime mortgage crisis was just starting to rear its ugly head. The CNBC and Bloomberg announcers were all touting the financial...
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66The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
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