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Morgan Stanley Made Money on Facebook Share Drop
CNNFORTUNE -- Here's another example of how on Wall Street for the big banks it's heads they win, tails they win. Even as Facebook's shares dropped, causing losses for regular investors, Morgan and other underwriters of the company's IPO likely racked up...Tags: Initial Public Offerings, Manhattan (New York City), Trials, Buyback, St. John's University
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FBI Probes JPMorgan's $2 Billion Trading Loss
KTLA NewsNEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. "All I can say is that we have opened a preliminary investigation," Robert...Tags: American International Group, Banking, Tampa, Massachusetts Institute of Technology, Police Investigations
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Stocks Surge Following Good News on Jobs, Europe and China
CNNNEW YORK -- Investors around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy. All three major stock indexes closed the day up more than 4%, but only the...Tags: Banking, Economy, Business and Finance, S&P 500, Federal Reserve, Stock Activities
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Tags: Banking, Consumers, Economy, Business and Finance, Federal Reserve, File Sharing
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Angry Customers Move Their Money in 'Bank Transfer Day' Protest
KTLA NewsLOS ANGELES -- Hundreds of protesters marched through the streets of Downtown Los Angeles Saturday as part of a nationwide movement against big banks. Saturday's demonstration was organized by the occupiers and a coalition of labor unions and community...Tags: Banking, Webster Financial Corporation, Occupy Wall Street, Politics, Long Island
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Report: Dodgers Looking to Auction Media Rights
KTLA NewsLOS ANGELES (KTLA) -- The Dodgers are looking make some money from their media rights a year ahead of schedule as they prepare to take on a new owner. The Wall Street Journal reported Saturday that lawyers for the beleaguered team sought permission...Tags: Auction Service, Fox Sports (tv network), Entertainment, Bud Selig, Jamie McCourt
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Bank of America Halts Foreclosure Sales In 50 States
Associated PressWASHINGTON -- Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states. The move, along with...Tags: Banking, Foreclosures, Lawyers, Charlotte, Christopher Dodd
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Tags: Banking, Foreclosures, Economy, Business and Finance, San Francisco, Jamie Dimon
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Feds to Sell Off Pasadena-Based Indymac
PASADENA -- A seven-member group of investors has teamed up to buy the remnants of failed lender IndyMac Bank for $13.9 billion, federal regulators said Friday. The Federal Deposit Insurance Corp. said a holding company led by Steven Mnuchin, co-chief...Tags: Michael S. Dell, Banking, Economy, Business and Finance, Seattle, George Soros
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Economic Crisis Could Help Southland Home Buyers
ONTARIO-- 'Going once, going twice... third and last call, sold! For $354,000!' And just like that, more than 100, once-pricey pieces of southland real estate were gone... sold at auction this weekend in Ontario. Some 500 people packed the Convention...Tags: Perris (Riverside, California), Auction Service, Hawaii, Real Estate Buyers, Marketing
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Obama's Cabinet Begins to Take Shape
WASHINGTON -- President-elect Barack Obama on Friday selected the head of the Federal Reserve Bank of New York as his nominee for Treasury secretary, choosing a vigorous advocate of government intervention in the troubled economy who nonetheless...Tags: Banking, American International Group, Henry Paulson, Jack Welch, Bears Stearns Cos.
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Dow Closes Above 10,000 for First Time in Year
Associated PressNEW YORK -- The Dow Jones industrial average has reclaimed 10,000 for the first time in a year. The Dow crossed five figures in afternoon trading Wednesday, seven months after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market'...Tags: Banking, Entertainment, Credit Ratings, Lehman Brothers Holdings Inc., China
May 24, 2012
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Oct 8, 2010
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Oct 14, 2010
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Jan 2, 2009
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Sep 28, 2008
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Nov 22, 2008
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Oct 14, 2009
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