Ambac has confirmed a $1.5bn plan to preserve its AAA credit rating
alanwellspun | Commented 
BBC NEWS | Business | Plan to save bond insurer Ambac
Posted by dandare (#1) 1433 days ago (http://news.bbc.co.uk)
Commentary on Bernanke report on monetary policy, particularly "I don't anticipate stagflation
GE to buy Merrill Lynch lending unit - washingtonpost.com
Posted by alanwellspun (#1) 1506 days ago (http://www.washingtonpost.com)
Bargain! Real estate unit not included in the deal GE take corporate finance,equipment,finance,franchise,energy and healthcare finance units.
Goldman's Blankfein Hits $68 Million Gold Mine
Posted by jaydasree (#1) 1506 days ago (http://www.reuters.com)
A $68 million bonus, nice work if you can get it.Happy Christmas
Accessible article explaining Barclays claim that Bear Stearns covered up losses and tried to use the Everquest IPO to dump dodgy CDO's
US Recession has started says Bill Gross
Posted by dandare (#1) 1509 days ago (http://www.ft.com)
In an interview for the FT, PIMCO's Bill Gross said the US recession has started, interest rates would have to come down to 3 percent next year
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