This is the best they could come up with? In the wake of Lehman Brothers' (NYSE: LEH) failure this weekend, 10 major banks, (more) [more]
What an extraordinary day! [more]
We went into the weekend thinking Bank of America (NYSE: BAC) might rescue Lehman Brothers (NYSE: LEH). In a twist that demonstrates how fluid the current environment is, Lehman is out, with B of A announcing it will acquire Merrill Lynch (NYSE: MER) in an all-stock deal valuing the broker-dealer at $29/share or 1.8 times stated tangible book value. [more]
As the dust settles on the first stage of the rescue of Fannie Mae and Freddie Mac (we'll call them F&F), it's time to chalk up winners and losers. Which column(s) are you in? (more) [more]
The much anticipated (scoff!) follow-up article to Is It Time to Buy the Banks? is now available on The Motley Fool: Time to Buy the Banks, But which Banks to Buy? [more]
I thought CAPS members might be interested in this article, in which I examine China's stance with respect to the GSEs, Fannie Mae and Freddie Mac.
Alex Dumortier (XMFMarathonMan)