When shareholders vote on Bank of America Corp.'s acquisition of Merrill Lynch & Co. today, they are expected to transform the bank into a business befitting its name and change the face of Wall Street. ...more

December 5, 2008

Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company. ...more

November 22, 2008

Market forces are great. Until they're not. After nearly three decades of conservatives insisting that government has no business meddling in the private sector, the Bush administration on Friday announced a sweeping plan to spend hundreds of billions of taxpayer dollars bailing out financial institutions that bet wrong on the mortgage market. ...more

September 23, 2008

This is the peak of the hurricane season in the financial markets. ...more

September 19, 2008

There is just one problem with the genius of capitalism. From time to time, it veers off into barking madness. ...more

September 18, 2008

More than 200 years after it was born at the base of a buttonwood tree, Wall Street as we have known it is ceasing to exist. ...more

September 17, 2008

Lehman Brothers, a 158-year-old investment bank choked by the credit crisis and falling real estate values, filed for Chapter 11 protection in the biggest bankruptcy court filing ever on Monday and said it was trying to sell off key business units. ...more

September 16, 2008

Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business and said a sale of the entire company is possible. ...more

September 11, 2008

The bank executives who promised months ago the worst of the financial crisis had passed are looking less and less credible to investors. And that could pose a problem as the industry releases what are expected to be dismal second-quarter earnings over the next few weeks. ...more

July 15, 2008

Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings to go private. ...more

July 15, 2008