financial news

The news round for today includes only links from some of my favorite blogs. There is news on Lehman, Fannie and from around the shop. All the stories are interesting and show top-notch analysis.Enjoy!WaMu: $4.5 Billion in Loan Loss…

Articles below in the news include talk about Lehman, WaMu, and Deutsche Bank. The stock plummeted in the pre-market as it is downgraded by banking analysts who were not impressed by yesterday's conference call. Hurricane Ike forces an…

Yesterday was a miserable day in the market with the Dow down 280 points in America. Lehman was the watch word of the day as worries about its solvency caused the stock to fall 45%. WaMu didn't do much better. It was down nearly 20%.…

After an amazing day to the upside as a result of the bailout of Frannie, we have to return to the ho-hum of reality. But, I still have a decent number of reactions to and articles about Frannie in my links. Personally, I don't like the…

While everybody's focused on the 'good' news about the Fannie-Freddie bailout and they are partying like it's 1999, it might be a good time to slip in that bad news you were going to announce next week. Let's see if any company is crafty…

The news of the day is obviously the fact that the U.S. government now owns Fannie Mae and Freddie Mac, and thus controls over half of the U.S. mortgage market. This is a step unprecedented since the Great Depression and should remind us…

It seems like the global economy is in a holding pattern right at the border of recession and slow growth. The writedowns continue to trickle in drip by drip, unemployment is rising ad retail sales are sluggish, but there has yet to be a…

Today's round-up looks at the auto industry, financial services, politics, and the economy.North American sales were absolutely horrible for the Big Three automakers despite the fall in gas prices. Even Toyota saw a slump. But, the Big…

Today, we have some interesting posts on personal finance, politics and technology. As well, I add in the usual line-up on the economy, housing, and the finance sector. Definitely read the articles on dream houses. Very nice places.Dream…

Today's news round-up will focus on articles in three subject areas: housing, the economy, and currencies. Enjoy!Top StoryHSBC says super-rich clients moving into cash - Reuters (do they know something we should know?)Global housingThe…