The S&P 500 rose on Friday after the U.S. government said it would throw a $17.4 billion lifeline to automakers grappling with falling consumer demand.   Read More

The bet is that some small amount of money will be given to the auto makers now, enough to serve as some type of bridge loan into early 2009. At that point the Democrats will have the political leverage to develop a broader rescue package in the first weeks of February.    Read More

For the first time in history,the Dow, S&P 500, and NASDAQ finished the week up over 10%.  Despite the gains this week, all major indices ended the month sharply lower.    Read More

The markets have just turned positive, despite weakness overseas and disappointing Chicago PMI data. Keep in mind, the Dow hasn’t posted 2 consecutive days of gains in over a month.    Read More

Barclay's has turned against current progressive thinking and shunned government bailout money. They have decided to raise their own capital by selling GBP 5.8 billion of convertible notes to Middle East investors.   Read More

Following are the day’s biggest winners and losers. Find out why shares of Yahoo! and Safeway popped while Barclays and eBay dropped.   Read More

Following are the day’s biggest winners and losers. Find out why shares of Barclays and The Hartfold popped while Apple and Penn National Gaming dropped.    Read More

In a mood reminiscent of WaMu-JP Morgan, the FDIC says Citi is buying Wachovia's banking operations, and assume the senior and subordinated debt.    Read More

Everyone and their mother’s favorite industry observer are calling Morgan Stanley and Goldman Sachs’ status switch to holding companies the end of the large independent investment bank as we know it.    Read More

It’s information that’s hard to confirm, but one ticket broker with knowledge of spending by investment banks on sports tickets told me that Lehman Brothers most likely purchased the most seats to games out of all the investment banks.   Read More