Posted In: Health, Mergers and Acquisitions
Reports out this morning say mega pharmaceutical company Pfizer is in talks to buy competitor Wyeth in a potential $60 billion deal. Pfizer may be considering the move because it's running out of options. Ashley Milne-Tyte reports.
The Obama's team is keeping quiet on specific details of their plan to help consumers through the second half of the TARP fund. Ashley Milne-Tyte reports what the new administration might do.
The term "zombie bank" comes from the Japanese, who use it to describe banks kept on life support by the government. So when does a bank become a zombie -- beyond help and unable to get off the operating table? Ashley Milne-Tyte reports.
Bank of America, considered one of the "good" banks in the financial meltdown, is now looking for help. As it's been closing the buyout of Merrill Lynch, the bank has been seeking more bailout funds from the government. Ashley Milne-Tyte reports.