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Wachovia turnaround underway?

August 12, 2008 — 8:08am ET | By Jim Kim
The pressure is on for Robert Steel, the new CEO of Wachovia, who has raised the number of jobs the bank will cut. The AP reports that in a quarterly SEC filing, the bank... Read more...

Richard Bove: Sell Goldman Sachs

August 11, 2008 — 6:45pm ET | By Jim Kim
Analyst Richard Bove has reiterated his sell recommendation on Goldman Sachs and cut his earnings estimates. For the year ending November 30, he now predicts $14.16 per... Read more...

The case against a Citigroup break up

May 15, 2008 — 6:59am ET
A post at Naked Capitalism makes some astute points about the value of a Citigroup break up. A break up only makes sense if parts can be sold in a way that improves the... Read more...