Credit Crisis news from FierceFinance
News
Lehman Brothers' near-deal with South Korean institutions
It's not hard to conclude that Lehman Brothers is scouring the globe for capital. The latest: The firm nearly struck a deal to raise almost Read more...
Will Barclays make a move for a U.S. firm?
That Barclays will buy a big U.S. bank is one of those standing rumors. They never seem to come true, but no one is quite willing to discount the idea altogether. As the credit crisis unfolded, many Read more...
Credit crisis crunches Bill Miller
In the annals of investing, Bill Miller remains a big name. Recall that he beat the S&P 500 for 15 years in a row until last year. In 2007, his Legg Mason Value Trust fund fell nearly 7 percent Read more...
Trading gets harder for top firms
Lehman Brothers lost money trading on 40 days in the first half of this year, up from just 3 days last year, reports Financial News Online. Read more...
Is another shoe about to drop in crisis?
Not too long ago, bank executives and regulators were suggesting that the worst of the credit crisis was over. Once Bear Stearns effectively went belly-up, people thought, 'okay, we've had the big Read more...
Goldman Sachs turns bearish on Citi
There has been a lot of talk recently that the worst of the credit crisis is over. When it comes to Citigroup, some would beg to differ. William Tanona, respected Read more...
Bove switches calls on top banks
Richard Bove, of Ladenburg Thalmann, is one of those go-to guys for financial reporters. He gets a lot of ink, for good reason, most would say. He's making news again: He just changed his call on Read more...
Blackstone to make real estate play?
Recall that just before the credit crisis really hit home, the Blackstone Group was raising brows for its aggressive forays into commercial Read more...
Ready for 'write-ups' in the second quarter?
Breakingviews notes another reason to think that the worst of the credit crisis may have passed. Credit default swaps on collateralized debt obligations and leveraged loans have staged impressive Read more...
BlackRock's Fink stays in the news
We've become accustomed to reading about Larry Fink, the CEO of asset manager BlackRock, of late. When CEO jobs at Merrill Lynch and Citigroup opened up, he was thought to be a candidate. When the Read more...