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Retail broker TD Ameritrade buys Scottrade in $4 billion deal
Retail broker TD Ameritrade has announced it’s buying competitor Scottrade in a $4 billion deal, hoping to shore up the low-cost stock trading industry as it deals with declining revenue and growth. Online brokerages helped popularize trading for the masses in the 90s, but now they’re under pressure as investors move to more passive investing […]
Those brilliant Citigroup execs
Remember the big day Citigroup's stock had on Tuesday? It climbed 38%, a whopping 40 cents. Well, that 40 cents helped four Citigroup executives...
By the bank sword
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...