Originally published at A Thousand News.com . Please leave any comments there. Stocks tumbled in morning trading today as sluggish corporate earnings reinforced investors concerns about a global... analysts said. That has offset indications that government efforts to thaw the credit markets and encourage banks to lend to each other is beginning to take hold. Read the rest of this entry »

A few weeks ago, my bank was taken over by the FDIC and promptly sold to JP Morgan Chase. Almost immediately "Istanbul (Not Constantinople)" started playing in my head. To relieve my stress from being... This week I finally posted it on my blog . Here is my favorite verse: Even JP Morgan Chase was once two different banks Why they changed it I can’t say Maybe they made more money that way   Enjoy!

Ok, me and the Uber are not too happy with his bank right now.  Evidently Wachovia is quite deceptive about their banking practices.  What's happened is this:  When B signed up for his account they told him the online banking was like a personal checkcard registry and that there would be two balances listed, a posted balance for transactions that had cleared and an available balance that would include...

Originally published at LBL-news.com | финансовые новости, форекс, сообщество трейдеров . Please leave any comments there. Федеральная резервная система (ФРС) США одобрила поглощение банка Wachovia Corp, ставшего одной и жертв финансового кризиса, банком Wells Fargo & Co., передает Reuters. Ранее согласие на слияние дала Федеральная торговая комиссия - государственный антимонопольный орган....

Американский банк Citigroup, крупнейший по размеру активов в стране, вышел из переговоров о покупке четвертой по величине финансовой организации США Wachovia, сообщает Reuters. При этом руководство Citigroup объявило, что подаст к Wachovia иск на сумму в 60 миллиардов долларов за нарушение действовавших договоренностей. Кроме того, Citigroup также отметил, что согласен купить финансовую организацию...

Well, to everyone who's been following the Wachovia/Wells Fargo/Citigroup fiasco, this won't be a surprise. Citigroup has walked away from negotiation talks with Wells Fargo as of 5:30 PM today. They won't interfere with the much-praised Wachovia merger, but they want "damages" for leaving the deal -- to the tune of $80+ billion. I don't quite forsee that happening, considering the rumors that HSBC...

 I can't say I'm not glad to see you going down in flames.  A little Karma does an evil empire good.   Your mid-atlantic lack of customer service and ethics comes home to roost.  Sucks to be on the other side of the table, eh?

...at LBL-news.com | финансовые новости, форекс, сообщество трейдеров . Please leave any comments there. Один из крупнейших в мире банков - американский Citigroup подал жалобу в Верховный суд штата Нью-Йорк на американские банки Wachovia и Wells Fargo. Citigroup намерен получить более 60 млрд долл. в качестве компенсации понесенных убытков, передает Associated Press. Read the rest of this post

Anyone who's been following the financial news these past few days knows about Wachovia/Citigroup merger, so I'm not going into it. I'll simply elaborate that I've learned enough things about my company's activities over the past year to make me feel really naive. It was a bit sad, however, to pull up Google Finance and see this: Screenshot of Wachovia activity at 10:17 AM EST To think...

1100 People deported out of the country in ICE raids in the past seven days. Congress refuses to pass a federal bailout to support long standing financial institutions. Citibank overtakes Wachovia and three (count 'em three!)super banks remain. Maybe people will finally start to wake up, get angry, and take a stand...