Archive for the 'Wall Street Economy' Category

Washington Mutual pools $7 Billion in capital through an investment group

Washington Mutual pools $7 Billion in capital through an investment group
The nation’s largest savings and loan, Washington Mutual, said Tuesday morning that it had raised $7 billion in capital through an investment group led by private equity firm TPG. It also said that it would slash its quarterly dividend.
Related
Washington Mutual Press Release
Washington Mutual also said [...]

April 8th, 2008 | Posted in American Economy, Business Finance, Crack credit crunch, Financial Betting, Financial Business, Financial Life, Financial Risks, Wall Street Economy, Washington Mutual | 3 Comments

Crack credit crunch: Fixing Wall Street means getting investors better information

Crack credit crunch: Fixing Wall Street means getting investors better information
How to crack the credit crunch - Fixing Wall Street means getting investors better information - and the sooner the better
Financial reformers have a chance to give stressed-out markets a desperately needed reality check.
This month’s near collapse of Bear Stearns (BSC, Fortune 500) has brought [...]

March 30th, 2008 | Posted in American Economy, Business Finance, Crack credit crunch, Financial Betting, Financial Business, Financial Life, Financial Risks, Wall Street Economy | 1 Comment