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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.
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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.
The plan will get "credit flowing again to families and businesses", the government says, and is also expected to include measures to aid financial firms.
Sometimes all the stock market needs is a little tough love. Well, it looks like they're gonna' get it and here's how you can trade it!
Bank stocks rallied ahead of Monday’s expected announcement in which Timothy Geithner will spell out a "comprehensive plan" to stabilize the financial system.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
The Obama administration plan to be announced Monday envisions a smaller, secondary role for the bad bank concept and will also involve less money than first thought.
Pete Najarian has been telling you to keep an eye on Morgan Stanley and Goldman Sachs. Is it time to make a move?
As market participants anticipate possible stagnant growth in the coming quarters, investors might be more apt to get back to "old fashioned" investing with higher-yielding stocks.