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Behind Ken Lewis’s departure: Merrill

October 1, 2009 by links · Leave a Comment 

It was part of the corporate lore at Bank of America: Whenever legendary boss Hugh McColl would buy a bank in Florida, Texas, or Georgia in the 1980s and early 1990s, he’d call his trusted lieutenant Ken Lewis to his Charlotte office and order Lewis to fix the new acquisition to fit his revolutionary vision of a branch network stretching from coast to coast.

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Behind Ken Lewis’s departure: Merrill

Australia gets OK to sue Lehman

September 28, 2009 by quinlan · Leave a Comment 

Read full story for latest details.

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Australia gets OK to sue Lehman

Fortune 500’s top stock: Freddie Mac

September 18, 2009 by quinlan · Leave a Comment 

With apologies to the Beatles, the list of the best-performing Fortune 500 stocks in the year after the collapse of Lehman Brothers reads like a stroll down Penny Lane.

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Fortune 500’s top stock: Freddie Mac

Stocks poised for cautious start

September 17, 2009 by links · Leave a Comment 

U.S. stocks were poised to open higher Thursday as investors appeared cautious after the recent runup.

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Stocks poised for cautious start

Stocks in tug of war

September 15, 2009 by blog100 · Leave a Comment 

Stocks struggled Tuesday morning as investors weighed a stronger-than-expected retail sales report against ongoing concerns that the recent market rally has outpaced the economic recovery.

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Stocks in tug of war

Stocks ready to slip as reports awaited

September 15, 2009 by blog100 · Leave a Comment 

U.S. stocks appeared headed for a lower open Tuesday as investors await several economic reports, including a government reading on August retail sales.

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Stocks ready to slip as reports awaited

Lehman lessons: 401(k) pain

September 14, 2009 by links · Leave a Comment 

Just one year ago, the world’s financial sector was plunged into chaos and panic as Lehman Brothers — one of the biggest investment banks — collapsed. Consumers learned some hard lessons, including how to cope with substantial 401(k) losses.

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Lehman lessons: 401(k) pain

Ex-Bear chief sees Lehman silver lining

September 14, 2009 by quinlan · Leave a Comment 

The collapse of Lehman Brothers was “unfortunate” but spurred the global policy coordination that ultimately saved the financial system, former Bear Stearns chief executive officer Alan Schwartz said in his first interview since Bear’s fall last year.

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Ex-Bear chief sees Lehman silver lining

Behind the scenes at Disney’s first fan convention

September 14, 2009 by links · Leave a Comment 

Last Friday, Johnny Depp came onto a stage at the Anaheim Convention Center and wowed the crowd by appearing in full costume as Captain Jack Sparrow, the star of the Pirates of the Caribbean films. On the same stage, actors John Travolta and Nicholas Cage dropped by, and singer Miley Cyrus performed — all surprises for star-struck fans who bought tickets to attend “D23 Expo”, Walt Disney’s first-ever in-house convention for its faithful.

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Behind the scenes at Disney’s first fan convention

Stocks slip on global rout

September 14, 2009 by quinlan · Leave a Comment 

Stocks stumbled Monday, taking a cue from overseas markets, as a growing trade rift between the U.S. and China raised worries about the strength of the recovery.

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Stocks slip on global rout

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