Cramer has been a fan of this stock for quite some time. However, he's just found another reason to buy and it's a big one.» Read More
The legendary investor just finished his second bad year in a row. So LM's a sell. But there's more to it than that, Cramer explains.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Investors in a $5 billion cash management fund run by General Electric have become the latest victims of the subprime mortgage meltdown. A short-term cash management fund, which attempts to keep the value of each share at one dollar, is instead offering investors just 96 cents on the dollar.
Stocks closed lower as credit worries about Citigroup and other big financial institutions sparked a broad selloff.
Bill Miller at Legg Mason just sent a letter to his investors. He correctly identifies the key issue: "The issue for the stock market and for the global economy is the extent to which the slowdown in U.S. consumption will spill over into a decline in global production next year"
Investors in $5 billion of commercial paper, or short-term debt, from KKR Financial Holdings have hired a bankruptcy lawyer to advise them on a request to delay repayment, the Wall Street Journal reports.
Private equity is all the rage -- and while financial services companies typically have been shielded from such deals, that is beginning to change. KBW, a boutique investment bank specializing in financial services companies, recently penned a report that revealed possible private equity targets.
As the bulls and bears fight it out on Wall Street, analysts say investors would be wise to look for value beyond the fray.
Not sure what to do with your money right now? On today’s “Street Signs” CNBC’s Erin Burnett asked someone who has nearly $1 trillion in assets. In a rare interview - Chip Mason, the Chairman, CEO and Co-Founder of Legg Mason, offered his advice. Mason said, "In my view most things are inline for higher market prices next year....