Goldman Sachs Group Global Treasurer Liz Beshel Robinson is retiring from the bank after 25 years.» Read More
That most recent of bailout plans does more than just save us from another Great Depression. Cramer explains.
Following are the day’s biggest winners and losers. Find out why shares of Chesapeake Energy and XL Capital popped while Pepsico and Domino's Pizza dropped.
"I think we’re clearly becoming socialist," says an irate Jeff Macke on Fast Money. "The only bank stocks to own are..."
Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range. The tech-heavy Nasdaq lost 3.5 percent.
The US government outlined three new initiatives to aid financial institutions amid a historic credit crunch that has frozen lending around the world.
Today, the US Treasury, the Federal Reserve, and the FDIC announced measures to stabilize the financial markets, to build capital to increase the flow of financing to U.S. businesses and consumers, and to support the U.S. economy.
Stocks shot out of the gate Tuesday, a nice chaser to the Dow's biggest one-day point gain in history, after the government announced a plan to buy stakes in the nation's largest financial institutions.
Wall Street looked set for another rally Tuesday, after the Dow recorded the biggest one-day point gain ever on Monday, as world markets continued to surge.
The US government will 1) take a $250 billion equity stake in the form of preferred shares which cannot be redeemed for three years, 2) guarantee bank-to-bank lending, and 3) remove deposit insurance levels for non-interest bearing accounts.
The best stock market day in 75 years will no doubt be followed by a less enthusiastic Tuesday session. But the good news is the international effort to thaw the credit freeze may have finally given the markets at least a temporary jolt of confidence.
With officials suggesting that the government will likely buy bank stocks soon, should you beat them to the punch?
Cramer responds to calls made by legendary investor Julian Robertson.
Big CEOs (Lloyd Blankfein from Goldman, John Mack from Morgan Stanley and Vikrim Pandit from Citigroup) are all meeting with officials from the Fed and Treasury at this moment to agree on a financial market stabilization initiative.
Wall Street looked set to rally Monday following a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown.
The continued turmoil in the financial markets could spark a wave of mergers among banks and remaining brokerage firms in the coming weeks, according to Wall Street executives.
Some veteran investors say that the sell-off has gone much too far and stocks are poised to rally powerfully if the downturn is less severe than investors fear.
The Mad Money host lays out his strategy to get this economy and market back on track.
Treasury Secretary Henry Paulson says the government will now provide cash to financial firms in exchange for equity, as the government steps us rescue efforts.
In this Web Extra the traders talk GE and Goldman Sachs. How are they trading?
After an exhausting week the Dow closed lower Friday to record its worst week ever.