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The Obama administration hopes to restore confidence in the nation's ailing financial sector by subjecting 19 of the largest banks to "stress tests" that will gauge whether each institution has adequate capital to survive a severe downturn. ...more
February 26, 2009
Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality. ...more
August 20, 2008
The hope at Lehman Bros. is that a management shakeup Thursday will contain the damage of a stunning quarterly loss - yet some on Wall Street fear this is one more step toward a more dramatic outcome for the embattled investment bank. ...more
June 13, 2008
President Bush's plan to offer a little help for a few homeowners straining to repay adjustable-rate mortgages falls far short of financially rescuing anyone, but if it begins to restore market confidence it will be a success. ...more
December 12, 2007
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