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Today’s featured ebook download is Causes and Effects of the Lehman Brothers Bankruptcy (123 KB, 26 pg) – I argue that the demise of Lehman Brothers is the result of its very aggressive leverage policy in the context of a major financial crisis. The roots …

Ken Lewis announced yesterday that he would be resigning as CEO of Bank of America effective at the end of the year. At the time of the announcement, there was no replacement in mind.
According to CreditSights Inc. analyst David Hendler had this to say about …

The chairman of Wells Fargo agreed last year to help the company through the financial crisis, now Dick Kovacevich will be stepping down from the job as he sees that the financial crisis is over, I suppose. After 23 years of being with the company, …

Given the current economic situation that the United States is in, consider and discuss the following.

Question:
Many consider that the government’s failure to act on and help prevent the collapse of Bear Stearns as the starting point of the current financial crisis. In your opinion was …

Goldman Sachs posted a $2.29 billion loss today, its first loss since becoming a publicly traded company in 1999.
It lost $4.97 per share in the quarter ended Nov. 30, last year in the same quarter it earned $3.17 billion or just over $7 a share.
Other …