Bank of America Said to Need $34 Billion in New Capital After Stress Tests
Pressure mounts on BofA and Citi Washington sets out Tarp payback rules
Judge rejects opposition to Chrysler sale Carmaker cleared to sell assets
Chrysler creditors ordered to reveal identities Alleged threats ruled as not credible
OUTRAGE OF THE DAY: Taxpayers won’t get Chrysler loans back
Subprime lobbyists spent $370m lobbying for crap mortgages Study reveals decade of spending.
SEC opens new front on Insider Trading The SEC brought its first case alleging insider trading involving credit-default swaps, suing a hedge-fund trader and his Deutsche Bank sales representative.
Brokers Abandon Wall Street The number of brokers leaving Wall Street is rising as a result of slumping markets, widespread job cuts and shrinking paychecks.
U.S. May Set a Debt Test for Banks The Treasury is expected to announce as early as Wednesday that banks must show that they can issue debt without government subsidies before they are allowed to exit TARP.
As Investors Circle Ailing Banks, Fed Sets Limits Seeing opportunity in the nation’s struggling banking system, private equity firms are lobbying to change federal rules that limit their control.
Agreement Reached at Boston Globe The Boston Globe and its largest union reached a tentative agreement, apparently ending for now The New York Times Company’s threat to shut down the newspaper.
Suit: Madoff Family Got Ponzi Funds Bernard Madoff used funds from his Ponzi scheme to support relatives’ business ventures, according to a court filing.
Kraft’s macaroni cheese sales soaring Budget-conscious consumers opt for mac-and-cheese
Rich Americans Default on Luxury Homes as Losses Emulate Subprime Victims