Peter,Earlier this week, on CNBC, banking analyst Meredith Whitney said, “I think that the call this year, the trade this year has been short the regional banks and go long the capital market

It’s difficult to rent a car or buy a plane ticket without a major credit card like Visa (V), MasterCard (MA), or American Express (AXP).We're living in a world where cash is no longer king. Cr

Kevin Depew's Five Things You Need to Know to stay ahead of the pack on Wall Street:1. Under TARP, Neither a Borrower Nor a Lender BeApparently those U.S. banks funded by the Troubled Asset Relief Pr

The names are different, but the issues are the same. Replace Bear Stearns with Iceland. Or Countrywide with Hungary. Or even Lehman Brothers with Ukraine.What started as a US sub-prime mortgage cris

Been away so long I hardly knew the place Gee, it's good to be back home Leave it till tomorrow to unpack my case Honey disconnect the phone I'm back in the USSR You don't know how lucky you are, boy

Banks, it appears, may finally be tired of losing money. The $700 billion bailout plan rushed through Congress was aimed at shoring up the American financial system, providing banks with capital that

Bank stocks took a hit Monday after the House of Representatives rejected a $700 billion bailout plan, creating a crisis of confidence. But stock futures rose Tuesday after lawmakers said they w

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When is the credit crisis going to end? And how will we know? It’s All About the Spreads Credit spreads have been increasing and getting ever more volatile. I’m going to look at them in d

The Securities and Exchange Commission may require some US companies to switch to international accounting rules by 2014. The SEC says the change will make American companies more competitive in the