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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

FINTAG COMMENT Fiddling. Now the US has decided to interfere with capitalism by ramming a huge lever into the largest cog of all, the unexpected rears its ugly head. Banks don't want any government bail out money and are trying to hand it back. They are however hampered by the small print of the ... Read more

With a new Administration in the wings, and the financial crisis, if not resolved, somehow moving into a state where we can think about something besides today's Dow Jones, thought leaders are starting to emerge with suggestions on lessons learned and what to fix.  Some of the most interestin ... Read more

Financial services, as a sector, has been clobbered.  Bankruptcy, forced takeover, government support -- no news here, the situation is dire.  Basically, if a firm is associated with subprime or CDS or, now, consumer credit, the news is horrible.  I'm not telling you anything you do ... Read more

Day traders might appreciate high market volatility, but lending banks like the once proud Lehman Brothers and Merrill Lynch, who rely on successful short term funding to keep their banks solvent, do not. With the former heading into bankruptcy, and the latter being purchased by Bank of America, i ... Read more

CIT Group, Inc. (NYSE: CIT) has had a lot of news this week. A lot this year for that matter.   Last night there was word that it had reached a loan agreement with Goldman Sachs Group (NYSE: GS).  And even earlier this week came challenges from Carl Icahn over the removal of management and [...] ... Read more

Wal-Mart Stores Inc. (NYSE: WMT) presented today at the Goldman Sachs retail conference.  This was one of the new CEO Mike Duke’s first presentations at a brokerage conference since taking the top position at Wal-Mart.  Goldman Sachs was looking to see how customer spending and behavior ... Read more

Here is an interesting clip from a very outspoken Former Assistant Treasury Secretary on the bailouts, the dollar, and Goldman Sachs. .... Craig Roberts: Bank bailout was a fraud and it won't succeed. Don't not know what sort of stupidity the Treasury Secretary and the Federal Reserve will re ... Read more

Goldman Sachs (GS) has now paid back the TARP fund which removes the firm from what it must consider the government’s most draconian pay restrictions, those applied to companies living on taxpayer bailout dollars. Goldman still has to face an angry Congress which is considering  ... Read more

It's time to breakup Goldman Sachs, Citigroup, and for that matter any bank or holding company deemed too big to fail. It's not just the "too big to fail" hazard that is troubling, it's also the power these corporations have and the potential to abuse that power that is also troubling. ... Read more

Our government paid $173 billion for 80% of AIG, . Our Congresspeople are outraged over $165 million of bonuses. There's a lot more to be outraged over -- like who got the $173 billion. At the top of the list -- surprise, surprise -- is Goldman Sachs, the same place our previous Treasury Secretary H ... Read more