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Top Money Stories
Why Oil Won't Fall Below $100
posted: 49 MINUTES AGOcomments: 2
filed under: Crude Oil Prices
David McNew, Getty Images
Lifted by concerns that tensions with Russia could disrupt shipments to the West, crude oil futures spiked more than $5 per barrel to a two-week high Thursday, breaking up a backslide of nearly $35 from its all-time high in July. Will oil ever fall back below $100 per barrel?
Also See: Were Speculators Underestimated?
Also See: Were Speculators Underestimated?
Merrill Lynch, Goldman Settle ARS Probe
posted: 2 HOURS 42 MINUTES AGOcomments: 30
filed under: Investing
Paul Sakuma, AP Photo
With the threat of a lawsuit looming, Merrill Lynch, Goldman Sachs and Deutsche Bank settle with regulators over the marketing of auction-rate securities, joining other major banks who have agreed to buy back more than $40 billion of the securities from investors.
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posted: 36 DAYS AGOcomments: 0
Fed's Role Has Changed in Last Year
posted: 4 HOURS 55 MINUTES AGOcomments: 34
AP
One year since Ben Bernanke said it was not the responsibility of taxpayers to forgive the poor decisions of subprime borrowers and lenders -- then committed many billions to buoy Bear Stearns, Fannie Mae, Freddie Mac and others -- the Federal Reserve chairman returns to the central bank's annual meeting in Wyoming.
Fannie, Freddie Fallout: Winners & Losers
posted: 2 HOURS 51 MINUTES AGOcomments: 0
filed under: BloggingStocks
As concerns swell about a possible government bailout of Fannie Mae and Freddie Mac, investors are dumping shares like there's no tomorrow. BloggingStocks analyst Peter Cohan looks at the winners and losers from the wipeout of Fannie and Freddie shareholders. Quotes: FRE | FNM
Also See: Fannie, Freddie Could Be the Martyrs
Also See: Fannie, Freddie Could Be the Martyrs
Lehman Outlook Dims on New Report
posted: 9 HOURS 1 MINUTE AGOcomments: 1
Getty Images
The outlook for Lehman Brothers darkens further as a newspaper reports that
an intended asset sale has collapsed and a Citigroup analyst
forecasts big losses for the group. Quote: LEH
Also See: Outlook Grim for Investment Banks
From BloggingStocks: The 'Secret Talks'
Also See: Outlook Grim for Investment Banks
From BloggingStocks: The 'Secret Talks'
Is Nintendo in Wii Bit of Trouble?
posted: 10 HOURS 32 MINUTES AGOcomments: 0
filed under: Tech News
A Maryland-based firm is accusing video game maker Nintendo of infringing on four patents that provide key technology for its popular Wii game console. "While Hillcrest Labs has a great deal of respect for Nintendo and the Wii, Hillcrest Labs believes that Nintendo is in clear violation of its patents and has taken this action to protect its intellectual property rights," according the complaint.
AP
According to research firm NPD, the Wii accounted for 49 percent of all console sales in July.
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