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Hedge funds were once the poster boys for bad financial behavior, but as the TARP drama unfolds we have heard less about them. Still, the issues regarding funds have not gone away. Jim Cramer has... Read more...
After a frenzied weekend of haggling and posturing, the administration and Congress hacked out a 110 page document that will be voted on today in the House. Passage is by no means guaranteed. There... Read more...
Even as Congress seems to be moving toward a final version of the bailout plan, it's clear that the American public is not buying it. This is how the New York Times puts it: "Americans' anger is in... Read more...
Wow! To think that just a month or so ago, people were saying that the worst of the credit crunch had passed. That line of thinking clearly was way too premature. Not only did the Bush Administration... Read more...
After the news hit that Congress would not seek a bill to hike taxes on the carried interest of private equity funds, many people, including me, thought the issue was dead. Turns out that judgment... Read more...
About 300 banks, many of them community banks, have filed a class-action lawsuit in U.S. District Court in Boston against TJX, a company from whom 45.7 million credit and debit cardholders were... Read more...