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Is it that easy to say "let them fail?" Republican Senators Richard Shelby and John McCain said it yesterday on national TV. But saying it and…
An angry backlash is brewing at the country's smaller, healthier banks. At least two banks, Minnesota's TCF and Louisiana's Iberiabank, have…
A few weeks ago, Treasury Secretary Tim Geithner unveiled the Financial Stability plan, the next phase of government intervention into the…
Yesterday, I mentioned a book coming out next week called "House of Cards." It's about the collapse of Bear Stearns. Another excerpt was…
Now that Northern Bank's been busted for hosting a golf tournament, the other bank lemmings are lining up to do their part. Today, Morgan Stanley…
I just read a very compelling interview with respected Harvard historian Niall Ferguson. Here's the interview by the Toronto Globe and Mail, and…
Wall Street sure doesn't think much of President Obama's speech last night. Not that I want to care what Wall Street thinks, but let's face it,…
As we watch the stock market sink to 1997 levels, this article in Wired Magazine should send chills down your spine. It says a formula created by…
Remember the Saturday Night Live sketch with Will Farrell and Christopher Walken? Walken plays a famous record producer, and he keeps telling band…
Marketplace Senior Editor Paddy Hirsch explains Fed Chairman Ben Bernanke's latest plan to get the economy moving — and the risk involved.