crikey / Voted

CEO tells employees that more than 52,000 of them would lose their jobs, bringing the total for the past year to 75,000 read more »
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Expected losses of $3.9 billion, or $5.92 a share, in the third quarter after $5.6 billion in write-downs. Now selling best assets to raise capital. read more »
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The train crash continues in slow motion and will last beyond the election read more »
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All the birds are not yet home to roost and recapitalization is vital. read more »
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Former chief economist of the International Monetary Fund warns that a BIG investment bank is going down. read more »
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Lehman get $6 billion in capital to stay afloat.$2.8 billion lost in the second quarter while hedges, especially commercial mortgage related position read more »
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For a while it looked like JP Morgan had escaped the worst effects of the credit crash but hat first quarter profit fell by half read more »
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Title says it all really. Its not just the Fed that cant afford to let Bear Stearns go read more »
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