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Whitney more cautious on second quarter

Meredith Whitney, of Oppenheimer, is telling clients that broker-dealers' second-quarter earnings are under pressure, reports MarketWatch. One new twist comes from the credit defaults swap market. Read more...

Banking industry future still cloudy

So is the worst really over? We've been hearing as much from lots of executives as of late. But not everyone is buying it. Case in point: Former Fed official Vincent Reinhart says banks face an Read more...

Are prime consumers the next big worry for banks?

We've spoken ad nauseum about the risks of subprime debts that have filtered through the financial system in many surprising ways. But a lot of prime borrowers have been silently struggling through Read more...

William Ackman's bet against MBIA: A winning move?

One of the most publicized of the bond insurance bulls was William Ackman of Pershing Square Capital Management, who pressed his case in part with presentations given over the Internet. He received Read more...

Double-edged sword: Rising commodities prices

We tend to think of big farm-type companies as hedgers, who take the other side of bets waged by hedge funds. But when you get down to this, there's a fine line Read more...

SPOTLIGHT: Icahn and Yahoo

The AP reports that Carl Icahn is building a stake in Yahoo, aiming to wage some sort of proxy war designed to compel the company to re-enter talks with Microsoft. So far, he has amassed a 3.6 Read more...
Tags: Carl Icahn   Yahoo   Microsoft  

C&L: Executive Moves

> Lehman's Rick Rieder to launch hedge fund> Citigroup shifts Alberto Verme Read more...