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a.k.a. the "Oracle of Omaha" for his savvy investments, is shopping his way through the financial crisis. Even before Washington passed the bailout bill, his Berkshire Hathaway holding company had put $3 billion into General...
Statement drives up stock price; investors wonder if sales will be enough CHARLOTTE, N.C. - Even though the company didn't disclose all the assets it would sell, newly appointed Chairman and Chief Executive Edward Liddy did say...
A woman is reflected in the window of a Wachovia branch office in New York. NEW YORK — Wachovia (WB) broke its engagement with Citigroup (C) on Friday — potentially creating a thorny legal battle — by agreeing to sell itself to...
Some will benefit from tax breaks, but impact on markets will take time Four days after the Bush administration's financial rescue package ran off the rails in Congress, the House of Representatives gave the plan a second look...
By CORKY SIEMASZKO DAILY NEWS STAFF WRITER Updated Friday, October 3rd 2008, 12:42 PM The House of Representatives passed the Wall Street bailout bill, 263 to 171, to have stave off the worst economic crisis since the Great...
