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A First Since Depression: U.S. To Buy Bank StocksThe government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the sell... |
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S&P Questions Whether California Can Borrow $4BA credit rating agency on Friday questioned whether California will be able to raise $4 billion by selling bonds, just days before state officials planned to start offering them for sale on the market. ... |
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Report: Chrysler, GM In Merger, Acquisition TalksPublished reports say General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to the Wall Street Journal. ... |
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Man Bound Teen's Hands On Flight In 'Horseplay'The attorney for a man accused of binding the hands of a teenage girl on a Southwest Airlines flight and trying to do the same to her sister said it was merely "horseplay" and pointed out that the girls didn't scream. ... |
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Paulson Endorses Plan To Invest In Bank StocksThe government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the sell... |
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Banking Basics Pay Off For Wells Fargo Amid ChaosWith its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history. Now it's finally expanding east of the Mississippi with a $12.2 billion acquisition of Wachovia Corp., a golden opportunity that the San Francisco-based bank was able to seize lar... |
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