Some weeks are good, some are bad. Last week was a bad one. Housing, credit crunch, etc, all weighed. Banks reported worse than expected earnings. Get the whole picture below.
With the big investment banks done reporting this week, one thing has become clear, Goldman Sachs is in a class by itself. Unlike the other banks, Goldman anticipated the credit crunch and put...
Lehman Brothers reported better than expected earnings today, even with the credit crunch swirling around. Fortune columnist Peter Eavis writes an interesting article that asks whether Lehman was...
Lehman Bros reported earnings today and showed by the credit crunch is only part of the picture. Third quarter net income fell by 3.2% as the wrote off half a billion dollars in fixed income...
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