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Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more
October 14, 2008
Few questions confound economists more: What might tip China into the meltdown that so many have feared for so many years? ...more
October 3, 2008
Billionaire investor Warren Buffett said he offered to shore up $800 billion of municipal bonds guaranteed by troubled MBIA Inc., Ambac Financial Group Inc. and FGIC Corp. in a bid to gain 33 percent of the debt insurance market. ...more
February 13, 2008
They stake out their spots in front of the tax collector's office near Gulf Harbors, soliciting signatures from people entering and leaving the building. ...more
January 24, 2008
A downgrade of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for cities to issue new bonds and forcing further write-downs at financial services companies, analysts said Friday. ...more
January 19, 2008
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