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We don't speak much of GE here, but the financial crisis has really hurt GE Financial. Fortune notes that the world still tends to think of GE as a diversified industrial company, but the fact is... Read more...
Is there any doubt that the bailout plan has become a political issue now? Substantively, the bailout plan that passed the Senate was really not much different from the one that was soundly rejected... Read more...
The idea that we need a big failure to get past a financial crisis has long been out there. That's one reason a lot of people assumed that the Bear Stearns implosion signaled the worst was over. Of... Read more...
The stock market really reacted when news filtered out that the state-run Korea Development Bank was interested in buying a large chunk of Read more...
It's fair to say that the financial crisis has been unkind to a lot of value-oriented fund managers. The mindset--by on valuation dips--has proved to be a loser's strategy. Anyone buying on the likes... Read more...
Martin Lipton, the legendary lawyer, says the financial crisis stems from the invention of the junk bond so many years ago. As the New York Times notes, Michael Milken begs to differ. He tells the... Read more...
Gerald Corrigan, the ex-head of the New York Fed who's now with Goldman Sachs, will reprise a role for which he is known: he will study the latest financial crisis and issue recommendations. Read more...