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Talks stall, fate of bailout unknown

At one point, it looked there would be an agreed-upon bailout plan. But then it all fell apart, leaving the fate of the plan up in the air. The combatants will try again today. At the White House, a... Read more...

Valuations are the big issue in bailout

Let's say that the government agrees to some sort of bailout. At some point, the RTC-like entity will use taxpayer money to buy distressed securities. And therein lies the big challenge. How do you... Read more...

Bill Gross to save the economy?

One of the biggest winners in the credit mess has been Bill Gross, the co-chief investment officer at PIMCO. He famously went long on agency bonds and Read more...

Bill Gross wins big on Fannie, Freddie

The credit crunch has been cruel to some fund managers, notably Bill Miller of Legg Mason, who kept on buying as financial stocks kept on tanking. On the other hand, Bill Gross of on-fire Pimco, went... Read more...

Bill Gross: Writedowns to hit $1 trillion

According to the Financial News Online write-down-o-meter, banks collectively wrote off $205 billion as of June. Since then, the total has marched higher. Is that number set to explode to even higher... Read more...