‘Financial Services’ Archive

Financial reform act: Boondoggle or blessing?

by Laura Huchzermeyer, July 22, 2010, 12:32 pm

It’s been two years since the US financial system began to crash and burn. And it’s been two long years since we’ve known things needed to change. This week, after long debates and lots of head scratching, …

Ford gives Mercury the blues

by Jeff Dorsch, June 11, 2010, 2:10 pm

Well if I had money
Tell you what I’d do
I’d go downtown and buy a Mercury or two
Crazy ’bout a Mercury
Lord I’m crazy ’bout a Mercury
I’m gonna buy me a Mercury
And cruise it up and …

More of Lehman’s art work to hit the auction block

by Laura Huchzermeyer, June 7, 2010, 3:49 pm

Nearly two years after Lehman Brothers hit rock bottom and dragged the rest of the economy down with it, there are still remnants of the financial giant still being sold off.

This fall venerable auction house …

All that glitters isn’t Goldman

by Laura Huchzermeyer, May 5, 2010, 1:14 pm

In case you missed it, last week was kind of a big deal for Goldman Sachs, the tarnished golden child of Wall Street that has come under fire for its dealings with customers during the financial crisis. The …

All flash and no cash; money is going the way of the dodo

by Patrice Sarath, May 4, 2010, 6:00 am

Forget Mars colonies and jetpacks – when the future finally gets here, it’s always a lot more prosaic than the visionaries would believe.  Take cash for instance, or rather, why bother? Nowadays, you can transfer …

Good Riddance to (most) Debit Card Overdraft Fees

by Laura Huchzermeyer, November 12, 2009, 12:49 pm

In college I wound up paying more than $30 for a bean burrito. It wasn’t some special burrito made with gourmet pinto beans and French brie either. Due to some miscalculation on my part I had overdrawn my checking account …

Want to invest in General Motors? You can’t.

by Jeff Dorsch, September 18, 2009, 12:40 pm

So, you’d like to invest some money in the “New GM”? Sorry. General Motors is a privately held company now, with the US Department of the Treasury as its principal shareholder.

Some investors …

After months of dormancy IPOs finally re-emerge

by Laura Huchzermeyer, September 3, 2009, 1:19 pm

There have been several so-called “green shoots” popping up in the economy recently. These little signs of life springing forth from a parched economic landscape give everyone hope that maybe the worst is behind us.

One indication that things …

Good news? Maybe.

by Patrice Sarath, July 13, 2009, 2:54 pm

Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. — Winston Churchill

According to leading economic indicators, we’re pulling out of the recession. Researchers are cautiously optimistic about the signs of …

Broadcom drops bid for Emulex

by Jeff Dorsch, July 10, 2009, 4:00 pm

Scott McGregor blinked.

The CEO of Broadcom, the comm chip maker, was triply rebuffed by the management and board of Emulex on a proposed combination of the two companies, and so he gave up the chase this week.

Broadcom really, really tried to …