Auction Rate news from FierceFinance
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More Bear Stearns charges coming?
NPR reports that the indictments against Ralph Cioffi and Matthew Tannin, the two Bear Stearns execs who have already been charged with misleading investors. The new Read more...
ALSO NOTED: Citigroup may sell Japanese consumer finance unit; Morgan Stanley closes infrastructure fund; and much more...
Company News:> Morgan Stanley closes infrastructure fund. Article > More on Read more...
Citigroup works to keep advisers in house
Citigroup certainly got a lot of ink during the credit crunch. We read a lot about disgruntled shareholders, but not a lot about upset Read more...
A way to end the auction rates securities mess?
It's so easy to forget about the auction rate securities mess. But the fact remains that more than $300 billion remains tied up in this near-frozen market. Issuers, lots of municipalities and Read more...
Citigroup earnings worse than expected
Citigroup lost $1.02 per share, lagging behind the average estimate of 95 cents a share. This is one of those downside surprises that Read more...
ALSO NOTED: Analyst: Morgan Stanley holds the most risk; Creative financing at Lehman Brothers?; and much more...
Company News: > Morgan Stanley lands underwriting deal in Saudi Arabia. Article > Apollo struggles Read more...