The FMHR traders discuss whether an opportunity exists in financials as growing concerns rise over the health of the global banking system.» Read More
I keep looking for signs of economic light at the end of the tunnel, and yet this credit card crisis scares me too much to get hopeful yet, says Patricia Chadwick, founder & president of Ravengate Partners.
For nearly 700 lucky Merrill Lynch employees, 2008 was a million-dollar year, even though the brokerage firm lost $27 billion.
Did you watch the the hearings held on Wednesday? Isn’t Congress stupid?
Cramer makes the call on viewers' favorite stocks.
The Dow closed higher as Wall Street bank executives squirmed before Congress over how they used $176 billion in bailout money.
Plus, the Mad Money host reacts to bank CEOs' congressional testimony.
The Treasury Department will soon release documents providing information about the lending activities of the biggest 20 financial firms receiving government aid under the controversial program.
Wall Street bank executives found themselves eating a little humble pie on Wednesday, after being called before Congress.
Bank CEOs who received federal bailout money will be grilled on Capitol Hill today about how they put their TARP money to use, and Barney Frank, chairman of the House Financial Services Committee, will be running the show. He told CNBC the past mistakes of the financial services industry must be avoided.
Bankers will be in the hot seat Wednesday. But the markets could focus again on whether there's a credible plan in the works to rescue the banking system, after the disappointing lack of details in the plan unveiled by Treasury Secretary Timothy Geithner.
Considering the steep drop in financials Tuesday, should you buy bank stocks on the dip?
UGH. How depressing was that? After days of hype, leaks and anticipation, Tim Geithner, the Treasury Secretary cum Eagle Scout tip-toed onto the stage and told America... not much. ... And it was just over four months ago, in late September when Hank Paulson made an equally mealy-mouthed pitch to Congress. He left a blank check for $700 billion but few new converts.
Goldman Sachs has moved a three-day conference from the Las Vegas Strip to San Francisco amid what the bank is calling a broad review of its activities.
The Treasury secretary should be careful. This analyst could easily undo his big announcement Tuesday.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The Dow finished modestly lower Monday as anxious traders await news of the government's bank rescue plan.
Cramer talks TARP, bad banks and rescue plans. Plus, new stock calls.
As Wall Street speculates about whether former investment banks will give back TARP money, Goldman Sachs rose in overnight trading after seeing heavy stock and options volume during Friday regular session.
A wide range of measures to ease the credit crunch will be announced Tuesday and they may now include financial aid to several insurance companies, according to a source.
Cramer has a few ideas on how to rectify the president’s less-than-stellar first few weeks in office.