Be scared. Be very, very scared. Congress, sign on the dotted line quickly before the world ends. I've seen this movie before and if "Bush-Cheney: The Sequel" goes the way of the original, we're in trouble. ...more

September 26, 2008

St. Petersburg-based financial services giant Raymond James Financial said Thursday that it will become a broad-line commercial bank, a move that should position it to compete more aggressively for new customers and help it become more of a recognized financial brand. ...more

September 26, 2008

Goldman Sachs Group, seeking to improve not only its balance sheet but its standing with investors, has undertaken a huge capital-raising program that includes an investment of at least $5 billion from Warren Buffett and a common stock offering for another $5 billion. ...more

September 25, 2008

Here's the truth about why Treasury Secretary Hank Paulson wants $700 billion of your money to bail out stupid financial companies. It's not about protecting you, the unwitting American. It's about protecting people such as him. ...more

September 24, 2008

I see that the same people who brought us the war in Iraq now want to sell us "bailout" program for Wall Street. While a bailout may be needed, I wonder how many of your readers would like to get one of those "no collateral, no review, no oversight" loans from the guy (Paulson) who was CEO of Goldman-Sachs. ...more

September 24, 2008

Congratulations, Raymond James, you're now the nation's largest investment bank. How? Because every other investment bank bigger than Raymond James Financial Inc. bit the dust last week or agreed to shotgun weddings with larger "commercial" banks that are perceived as more stable - stable by Wall Street standards. ...more

September 23, 2008

The reorganization of Morgan Stanley and Goldman Sachs marks a historic end to a period when investment banks drove Wall Street and leaves open what - if anything - will assume the role of taking big risks that have powered the market's booms and busts. ...more

September 23, 2008

Local stockbrokers and investment advisers ought to be tearing their hair out about now as they try to calm frantic investors, right? ...more

September 20, 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