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Goldman Sachs loves playing the role of white knight. It now say it is willing to commit up to $50 billion to buy bank assets. Goldman plans to talk to regulators to identify appropriate... Read more...
People are still talking about JPMorgan's disclosure in a recent 10q that it lost about $1.5 billion due to collateralized debt obligations. A MarketWatch columnist notes that the loss occurred in... Read more...
The two firms that arguably fared the best though the credit crunch--Goldman Sachs and JPMorgan Chase--might run into a bit of turbulence in... Read more...
The truth hurts; at least it can when it comes to valuations of structured credit products. We're seeing a host of activity these days that seems to be placing a more realistic valuation on certain... Read more...
As the residential mortgage-backed market fiasco continues to unwind, there has been a lot of fear that the commercial market would come under similar pressure soon. For now, commercial... Read more...