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This deal is getting more confusing by the minute. Weekends tend to be slower when it comes to business news, but this Wachovia buyout is getting interesting. After Justice Ramos filed an injunction to keep the Wells Fargo deal from going through, but …

So, on Wednesday the revised bailout bill rescue plan was passed in the Senate. Friday the House voted for it then the same afternoon President Bush signed it. So what happens now?
Well first the markets should become less volatile. It has also raised …

Just after midnight Congressional leaders and members of the Bush administration came to a tentative deal on the bailout. Nancy Pelosi even said all that had to be done was for the agreement to be put on paper. Even treasury secretary Paulson said …

The government has bailed out a handful of banks and savings-and-loan firms now and spent billions of tax dollars in the process…So the question now is what exactly is preventing such a huge failure of the United States financial system in the future?
To me, it …

Wachovia announced they lost $8.9 Billion and not only had to cut dividends, but also said they were going to lay off 6,350 people and get rid of another 4,400 open position and contract workers by 2009. This is part of their plan to cut …