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8 Dec 2008, 12:59 am
The lawsuits also allege that the Lehman Brothers investments were inappropriate for a money market fund, and that the fund deviated from its stated investment approach. [read post]
8 Dec 2008, 12:50 am
The latest of these new wave lawsuits to be filed involves the Federal Agricultural Mortgage Corporation, or "Farmer Mac" as it is more familiarly known. [read post]
5 Dec 2008, 2:00 pm
Larson ordered MGA to cease manufacturing, marketing, and selling almost every doll in the Bratz line, as well as every ancillary product that makes use of images of those dolls. [read post]
21 Nov 2008, 5:00 pm
Fifteen corporate chieftains of large home-building and financial-services firms each reaped more than $100 million in cash compensation and proceeds from stock sales during the past five years, according to a Wall Street Journal analysis. [read post]
19 Nov 2008, 12:27 am
  Implications of SWFs Since the recent sub-prime mortgage crisis has stuck at the heart of Wall Street, threatening the collapse of many financial institutions crucial to the economic infrastructure of the United States, SWFs have provided a much needed "cash infusion" into the market.[5] Some of the more prominent investments have been made in Citigroup, Morgan Stanley, and Merril Lynch.[6] One major concern that SWFs pose is the possibility… [read post]
15 Nov 2008, 10:33 pm
In 2005, Merrill was racing to become the biggest mortgage player on Wall Street. [read post]
13 Nov 2008, 7:55 am
As the markets burn, the CEOs deposit their bonus checks and the government keeps throwing billions of dollars at problems it won't solve, one question remains unanswered:  What about the 94% of American mortgage holders who pay every month as they promised to do? [read post]
11 Nov 2008, 1:00 am
The deregulation movement that we currently have in the United States began in the late 1970s under the Jimmy Carter administration. [2] With the notion that less government intervention allowed the market to do what it was supposed to and foster more growth, deregulation spread from the Airline Deregulation Act of 1978 to telecommunications, and later banking and financial markets. [3] Many now say the consequence of allowing the financial markets to go unregulated was… [read post]
7 Nov 2008, 2:57 pm
But as we see more and more mortgage foreclosures, I think people will try to reform this law. [read post]
2 Nov 2008, 6:13 pm
He's also received responses to inquires he made on Twitter from a mortgage broker across the country allowing him to close a sale the next day.Professionals are using Twitter during conferences to share a steady stream of news and information.Online shoe retailer Zappos.com Inc., of Henderson, Nev., has more than 450 employees using the service to communicate with one another on topics ranging from politics to marketing plans. [read post]
31 Oct 2008, 11:06 am
Now taxpayers aren't just on the hook for the debts but, arguably, for the fate of every corporation that sells them equity.Interestingly, mortgage fund giants Fannie Mae and Freddie Mac both enjoyed this kind of unspoken guarantee before they were nationalised at the start of this crisis. [read post]
27 Oct 2008, 5:39 pm
USA Today, the International Herald Tribune, the European edition of the Wall Street Journal and CNN are everywhere, not to mention the BBC. [read post]
24 Oct 2008, 9:28 pm
• CNBC reported that "Wall Street Layoffs Could Surge Past 200,000. [read post]
23 Oct 2008, 3:19 am
A September 30, 2008 Wall Street Journal article about the action of the three governments, and the role of the ABN AMRO transaction, can be found here. [read post]
20 Oct 2008, 10:23 am
 Fiduciary Duty and Rise in Litigation Corporate executives, as a member of the board of directors, have a fiduciary duty to the shareholders' of a corporation.[6]  Trust and confidence are place in the directors of a corporation, and they are relied upon to exercise discretion and expertise to act in the best interest of the shareholders.[7] Persons acting in a fiduciary capacity are held to a high standard of honesty and full disclosure… [read post]
15 Oct 2008, 10:48 pm
Losses have come from holdings in the financial sector, from falling values in mortgage-backed securities, and unrealized losses in investment grade corporate bonds. [read post]
14 Oct 2008, 10:04 pm
The other day, a conservative friend of mine and I were discussing the collapse of the financial market. [read post]