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Search for Bargains Drives Rebound

Investors ventured back into the market yesterday in search of bargains, helping it stage a partial rebound from one of the worst trading days since October.

Posted to washingtonpost.com (Weblog) by Anonymous on 12-02-2008
A Bailout For Small Business?

First, Michael Greenwald's M&M Appliance in Northwest Washington was slammed by the housing slump. When construction of subdivisions and apartment buildings dropped off, demand from commercial developers for his high-end refrigerators, stoves and dishwashers slowed to a trickle.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-27-2008
Stocks Gain for 4th Day Despite Weak Data

NEW YORK, Nov. 26 -- Stocks gained for the fourth straight session, as optimism about President-elect Barack Obama's plans for handling the economy outweighed Wednesday's flurry of discouraging economic data.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-26-2008
Yahoo Searching for New CEO and an Identity

The day after Yahoo announced the imminent departure of chief executive and co-founder Jerry Yang, the stock market applauded.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-18-2008
Deadline Nears for Banks as Treasury Program Progresses

NEW YORK, Nov. 10 -- Publicly traded banks have until Friday to apply for capital injections from the Treasury Department, and it will take "a few months" for the government to invest all of the $250 billion that was set aside for preferred-stock investments in financial firms, according to...

Posted to washingtonpost.com (Weblog) by Anonymous on 11-10-2008
Citigroup Plans to Ease Mortgage Terms for At-Risk Borrowers

Citigroup plans to announce today that it is launching a mortgage-modification program for 500,000 at-risk borrowers in regions facing rising unemployment rates and steep declines in home values.

Posted to washingtonpost.com (Weblog) by Anonymous on 11-10-2008
A Quiet Windfall For U.S. Banks

The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention...

Posted to washingtonpost.com (Weblog) by Anonymous on 11-09-2008
As Suitors Fight Over Wachovia, Fed Tries for Deal

A high-stakes battle over who will gain control of the nation's fourth-largest bank intensified over the weekend, with the Federal Reserve acting as a go-between in the pursuit of Wachovia by both Citigroup and Wells Fargo.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 10-05-2008
On the Line for Others' Losses

After World War II, a far-flung insurance company in China run by an American businessman took a risky bet insuring that about 20 boats filled with Americans would make it back to the United States.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-16-2008
The Last Two Investment Banks Fight for Position

NEW YORK, Sept. 16 -- With one competitor in bankruptcy and two others married off to commercial banks, senior executives at Goldman Sachs and Morgan Stanley rushed to defend the prospects for what has fast become an endangered species on Wall Street: the stand-alone investment bank.

Posted to washingtonpost.com (Weblog) by washingtonpost.com on 09-16-2008

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