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Ever wonder what the difference between bankers and pirates are? This little image I dugg is pretty funny in regards to the topic.
Banks have been letting their own companies fail for the past year and the only thing that saves them every time is the …

After selling a lot of its brokerage business, Citibank has decided to regroup and change how it runs its brokerage business in the United States and across North America. The biggest change that it is going to implement is the decision to have the financial …

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 …

Newegg Inc is a venture capital backed online retailer. The company specializes in selling computers, computer hardware, software and other electronics. The company has been known for its pretty good customer service, fast shipping, and selection. It also has some pretty good deals on the …

Bank of America first hit the news as one of the major banks receiving TARP funds. The government “stress tests” found that Bank of America needed $33.9 billion in capital just to survive. When that news came out, they started selling extra stocks and liquidating …