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News
Small banks flex their muscles
CNNMoney notes the final versions of a bill that would establish the new, much discussed consumer watchdog exempts thousands of small banks and credit unions from heightened examination and... Read more...
The CEO merry go round
CIT chief executive Jeffrey Peek has become the latest big-name CEO to step down amid the gargantuan credit crunch that has proved the undoing of so many top executives. The list is worth reviewing:... Read more...
JPMorgan at risk in Lehman controversy?
It was big news when the Lehman Brothers estate claimed that Barclays owes it $8 billion. Now it looks like it might have some reverberations that could touch JPMorgan Chase, notes TheStreet.com.... Read more...
Citi to support novel attempt at mortgage relief?
Citigroup is said to be seriously considering supporting a plan that would let troubled mortgage owners save their homes via bankruptcy court, reports CNNMoney.com. The idea--spearheaded by Senator... Read more...
Should Lehman Brothers have been saved?
Whether or not Lehman Brothers should have been saved will be debated for years. The government took action to broker a deal that essentially kept Bear Stearns out of bankruptcy court. And it later... Read more...
Days of reckoning for private equity
Not every deal out there is blowing up. We recently noted that several in the top 10 were holding up fine. But to be fair, the private equity world is bracing for lots of pain in their portfolios.... Read more...
Did JPMorgan bring down Lehman Brothers?
A filing in bankruptcy court in New York contains an explosive charge by Lehman's biggest creditors: JPMorgan froze $17 billion in cash and securities on the Friday night before its failure. The... Read more...



