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News about the financial services industry - Forbes.com
The Liquidation Isn't Over
A. Gary Shilling There are 2.1 million unsold houses. Excess inventory is the mortal enemy of house prices, which may fall another 20%.
Bernanke Brings Out The Bears
Steve Schaefer
Timid market takes a fall as Fed chief testifies in Senate.
Financial Reform: Wall Street Sins, But Banks And Their Customers Pay The Price
Bob McTeer
Politicians are making banks take the fall for the mess created by nonbanks and Wall Street investment houses. Ultimately, the banks won't pay the costs--their customers will.
Morgan Stanely Turns It Around
Carl Gutierrez
Firm produces Q2 profit, reverses year-ago loss, thanks to a 53% sales gain.
Self-Dealing Threatens Florida Pensions
Edward Siedle
Public officials' poor disclosure of personal investing imperils public funds nationwide.
Goldman Loses Magic Touch In Trading
Liz Moyer
With the firm caught on the wrong side of some bets and trading customers sitting on the sidelines, profits took a hit in the second quarter.
StreetTalk BlogPoliticians are making banks take the fall for the mess created by nonbanks and Wall Street investment houses. Ultimately, the banks won?t pay the costs--their customers will.... More
With the firm caught on the wrong side of some bets and trading customers sitting on the sidelines, profits took a hit in the second quarter.... More
Critics complain the SEC gave the investment bank a cushy deal. ... More
Remember kids, crime never pays, but institutional influence and deep pockets can absolve you of anything.... More
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