Why BofA Decided Against a Countrywide Bankruptcy For Now
Exclusive details about internal deliberations inside Bank of America about a potential bankruptcy filing for the bank's ailing Countrywide unit. The board this summer considered - and rejected -- a bankruptcy option for Countrywide.
Goodbye to Bank of America Debit-Card Fee
After being criticized by consumer groups and by politicians, Bank of America now says it is backing away from a plan to institute a $5 monthly fee for debit-card users.
Goodbye to Bank of America Debit-Card Fee
After being criticized by consumer groups and by politicians, Bank of America now says it is backing away from a plan to institute a $5 monthly fee for debit-card users.
How Jon Corzine’s Trades Imperiled MF Global
As MF Global works to save itself through a possible sale in whole or in pieces, details are emerging about CEO Jon Corzine's role in taking on risk that imperiled the company.
MF Global Has Restructuring Lawyers on Hand
MF Global has a weekend deadline to sell all or parts of the company before markets open on Monday. As it discusses strategic options with possible buyers, Jon Corzine's firm also has hired two prominent law firms that specialize in bankruptcy and restructuring.
IPO Market: Signs of Life?
The market for initial public offerings has stalled in recent months. But Groupon is set to shoot out of the IPO gate next week, with Zynga perhaps on its heels. Are two prominent IPOs a harbinger of hot market, or just an anomaly?
CBS News Interview: Ruth and Bernie Madoff Attempted Suicide
According to Ruth Madoff’s first interview since her husband was convicted of a massive Ponzi scheme, she and her husband attempted suicide together.
Netflix: Whitney Tilson Changes His Mind
Money manager Whitney Tilson lost gobs of money betting against Netflix. Now, he's taking the other side of the trade.
Groupon IPO: A Preview
Deal Journal's Shira Ovide joins the Digits show to discuss Groupon's financials, the unusually small number of shares the company plans to sell, and the precedent of Google, which -- like Groupon-- had a much derided lead-up to its IPO.
Is Yahoo’s Stealth ‘Poison Pill’ Killing Odds of a Takeover?
Kant would have a field day with this conundrum: Expectations of a Yahoo takeover may be hampering chances of a Yahoo takeover.
Here’s the Einhorn Presentation that Killed Green Mountain Shares
Here is David Einhorn's 110 PowerPoint slides slamming Green Mountain Coffee, the latest subject of Einhorn's ire.
Citigroup Takes The Credit Card Business Out of the Trash
Citigroup changed its mind about junking its private-label credit card business. Read the internal Citigroup memo explaining the strategy shift.
