Washington Mutual

US Sliding Fast

Figures from Citigroup suggest that US consumers are in a mood to spend up a bit this festive season, which starts tonight, a day after Thanksgiving.But more realistic analysts wonder if this in fact be the worst season in 22...

Lone Suspect Robs Carmel Valley WaMu At Gunpoint

Nov 27, 2008

CBS 5 CrimeWatch CARMEL VALLEY (BCN) ― A lone suspect robbed a Washington Mutual bank branch at gunpoint in unincorporated Carmel Valley Wednesday afternoon, the Monterey County Sheriff's Office announced. The armed suspect...

The Money Squeeze: As yule cheer turns to fear, traditions change

The nation's ongoing economic nightmare is reshaping how families celebrate the holidays. Goodwill is the new toy store, philanthropy is replacing Hanukkah presents and annual dinners are now potlucks.

Friedman: All fall down

I spent Sunday afternoon brooding over a great piece of New York Times reporting by Eric Dash and Julie Creswell about Citigroup. The front-page article, entitled "Citigroup Pays for a Rush to Risk," actually left me totally...

BRIEF: Leumi blames loss on capital market woes: The bank lost NIS 84 million in the third quarter.

Nov. 27--Bank Leumi (TASE: LUMI) posted a NIS 84 million loss in the third quarter of 2008, compared with a net profit of NIS 1.01 billion during the corresponding quarter of 2007. The bank attributed the loss to the effect of...

Deathbed Stocks Revisited

Over the past 11 months, we've been chronicling companies that appear to be on their deathbeds. 0 comments Plus, over the first 20 months of the service's existence, CAPS data show that newly minted five-star stocks offer the...

BW Online | December 1, 2003 | The Corporate Donors

BusinessWeek's first annual ranking of America's most philanthropic companies Just a few miles from the lakefront mansions and pristine skyscrapers of downtown Minneapolis, the streets of the Hawthorne neighborhood were once...

Citi’s Indian champions

Buster BY THE time this piece appears in print, Citigroup could well have been practically nationalised by the US Fed. I am hoping that things will not come to such a pass. But even if it does, there is no taking away from the...

JPMorgan Cazenove cuts 2 pct of staff-sources

LONDON, Nov 27 (Reuters) - JPMorgan Cazenove, a joint venture of JPMorgan and Cazenove, is to lay off almost two percent of staff on Thursday as the UK-focused stockbroker anticipates slower business next year, people familiar...

End of retail? Tell that to shoppers

IF THERE'S A RECESSION on, you'd be hard-pressed to tell it from the swirl of activity in the Westfield Southcenter mall area, even on a midweek, rainy pre-Thanksgiving night. Just down the street from Southcenter is a large...