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If your stock portfolio has been hit hard because you were too heavily invested in the financial sector, sob. ...more
September 28, 2008
On the surface, U.S. companies' second-quarter earnings were fairly respectable when you strip away the financial sector - profits for Standard & Poor's 500 members rose about 10 percent from a year earlier after falling sharply the two previous quarters. ...more
August 6, 2008
Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday - stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac. ...more
July 12, 2008
Linda Ledesma needed a little extra money to help pay the rising costs of living in Florida. ...more
June 24, 2008
TAMPA - Linda Ledesma needed a little extra money to help pay the rising costs of living in Florida. So she decided to sell her burial plot in Sylvan Abbey cemetery in Clearwater. The newspaper classified ad noted its scenic location "in Garden of Ascension, near waterfall, under shade tree." ...more
June 23, 2008
There are new signs that the worst of the global credit crisis is yet to come, and that banks and brokerages caught up in the market turmoil may lose $1 trillion by the time it has passed. ...more
June 19, 2008
Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbled under the weight of its own wagers on high-risk mortgages. ...more
May 30, 2008
Don't panic. That advice could probably serve as a stand-in for "hello" at many brokerages these days. With Wall Street stumbling - particularly since the beginning of the year - uneasy investors are calling on financial advisers with an urgency not seen since the start of the decade. ...more
January 23, 2008
An internal audit warned last year that the state board that invests local government money should have a special committee to review overall risk in the agency's investments, and that it was relying on too few brokerages when buying securities. ...more
January 4, 2008
It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. ...more
September 4, 2007
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