A little cross-promotion action...wrote an article on whether we should be buying bank stocks now...
There's been much outcry over making sure banks use their TARP money for lending...rather than corporate jets, Vegas vacations, dividends, repurchases, or even shoring up their reserves. [more]
It's kind of a running joke that the market drops every time Fed Chairman Ben Bernanke opens his mouth. [more]
Wow, talk about a bombshell this morning. Satyam's Chairman B. Ramalinga Raju admitted to making up earnings and cash, dropping an already battered share price by over 90%. You can read all about it in Rick Munarriz's piece: Satyam: Slumdog Millionaire [more]