“It felt like the world was on fire,” recalls financial writer Andrew Ross Sorkin, whose book Too Big To Fail covers the crisis at its peak. In an interview, he discusses the meltdown, its aftermath, the quest for power on Wall…
The capital markets have recovered nicely from the depths of the financial crisis’s despair, though skittishness remains. What the economy sorely needs now is the next big thing — perhaps a new technology that boosts business …
Two years after Lehman Brothers collapsed and put the financial crisis into meltdown mode, Wall Street and the financial industry are still struggling to rebuild from the ashes. But as the economy recovers, are bank stocks good buys? Here are the bull and bear cases for three of the nation’s biggest banks.
Continue reading Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup
Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup originally appeared on DailyFinance on Mon, 13 Sep 2010 10:45:00.
Filed Under: Investing, JP Morgan Chase, Bank of America, Stock Picks, Citigroup, Video
September marks the anniversary of two events that rocked the markets: the Sept. 11, 2001, terrorist attack and the Lehman Brothers bankruptcy in 2008. Today, many people worry about the possibility of a terrorist attack on the financial system. International economist Rex Ghosh, who has written a novel about just that, discusses the threat.
Continue reading Could Terrorists Create a Market Crash?
Could Terrorists Create a Market Crash? originally appeared on DailyFinance on Sat, 11 Sep 2010 09:15:00.