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Top executives of the nation's biggest banks said Friday after meeting with President Barack Obama that they will work with the administration on its economic recovery plans, but want more specifics from the White House. ...more
March 27, 2009
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
This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. ...more
December 22, 2007
Morgan Stanley on Wednesday said third-quarter profit sank 17 percent, as the No. 2 U.S. investment bank was forced to write down nearly $1 billion in loans amid the global credit crisis. ...more
September 20, 2007
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