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Freddie Mac in Trouble, Volcker on the Credit Crisis, The Farm Bill, World's Fastest Murder Trial, and More!

by Addison Wiggin & Ian Mathias Freddie Mac losses $151 million… even after admittedly fudging its books Capitol Hill “worried about the failure” of Freddie and Fannie… a few startling stats not to be overlooked Dollar inches down… Paul Volcker on the event that could bring us “back to the ’70s, or worse” Bloated farm bill squeezes through [...]

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A few facts about credit card networks

I thought it might be interesting to give you a rough idea of the immense size of the credit, debit and prepaid card processing market. Here is some data on the top 3 operators of retail electronic payment networks (2006...

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American Express Bank sues Credit Suisse

A federal lawsuit filed Wednesday in Miami alleges Credit Suisse schemed to steal $127 million in Chilean bank business from American Express Bank.

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Kardashians Deny Improper Use of Brandy's Mom's Credit Card

Reality TV star Kim Kardashian and her siblings denied allegations they improperly ran up more than $120,000 in charges on the credit card used by R&B singer Brandy's mother, according to court papers, People magazine reported.

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Expert Group: Expert Group Inc., Expert Credit Fix U.S.A.

MIAMI, FL (MARKET WIRE) Expert Group Inc. (PINKSHEETS: EXPT) is proud to announce that Expert Credit Fix U.S.A. offers online payment system through PayPal to facilitate our sales and growth by accepting all major credit card including Visa, Master Card, Discover and American Express for payment of one of the 3 major credit restoration packages being offered, as we gear for a direct marketing campaign...

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Freddie Mac plans to raise $5.5bn to overcome credit crunch losses

Freddie Mac, the second largest US mortgage-finance company, posted a loss that was narrower than analysts estimated and said it will raise $5.5bn in capital to help overcome rising credit costs.

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American Express Blue Vs Blue Sky

I got the following question from a reader : What is the difference between the Amex Blue and the Blue Sky? I am thinking of getting a card to use for airline rewards. My understanding is that the Blue card has membership rewards and that it is a great program. I also know that you can [...]

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LMP Capital and Income Fund Inc. as of March 31, 2008

NEW YORK--(BUSINESS WIRE)--LMP Capital and Income Fund Inc. (NYSE: SCD) announces its portfolio composition as of March 31, 2008.

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Wall Street Won't Tell You It's a Bear Market

pennysleuth.com | Meet the Editors | Archives | Contact Us Editor's Note: Today, we have a special edition of Penny Sleuth. Author Stephen McClellan is here to tell it to you straight. No beating around the bush in this column. While he doesn't specifically discuss penny stocks, his analysis is still important to anyone with money in the market. Enjoy… Wall Street Won't Tell You It's a Bear Market...

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Stroock & Stroock & Lavan: Julia Strickland Named as Top Woman Litigator

LOS ANGELES, CA (MARKET WIRE) Stroock & Stroock & Lavan LLP (www.stroock.com), a leading national law firm with offices in Los Angeles, New York and Miami, announced that partner Julia Strickland has again been selected by the Los Angeles Daily Journal as one of the Top 75 Women Litigators in California.

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Fitch Rates Fannie Mae's $4.6B Preferred Stock 'AA-'; on Watch Negative

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' to Fannie Mae's (FNM) newly issued $2.6 billion of mandatory convertible preferred stock and $2 billion of non-convertible preferred

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The Latest Twist in Student Loans (BusinessWeek Online)

BusinessWeek Online - Because of the credit crunch, conventional lenders are making it tough for any but the most creditworthy borrowers to qualify for private college loans. Now, a new breed of student lender is trying to get students to return the snub — by writing off the Sallie Maes and Citibanks of the world [...]

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Freddie Mac given greater flexibility

Shares in Freddie Macrose more than 9 per cent yesterday after the mortgage financier was granted greater flexibility to support the beleaguered US housing market. The...

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The Daily Booyah!: 'Mad Money' Recap: Woodward Governor's Big Wind Power Play

TheStreet.com Booyah! Newsletter 'Mad Money' Recap: Woodward Governor's Big Wind Power Play Late Downdraft Dents Wall Street's Gains 5/14/2008 5:21 PM EDT No Big Ripple for Merck Vioxx Verdict 5/14/2008 5:16 PM EDT SEC Charges Broadcom Executives 5/14/2008 5:07 PM EDT Brocade Ekes Past Profit Expectations 5/14/2008 4:33 PM EDT Banks Face Mountain of Plastic Consumer credit cards have joined mortgage...

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Fannie Mae: Company Analysis : BharatBook.com

Fannie Mae: Company Analysis : BharatBook.com - bharatbook

Description This report is an incisive study of all the aspects of an industry along with an outlook for potential developments. The report aims to provide the reader with appropriate information for sharper decision-making. It covers important segments of the industry and analyses market dynamics. The report also contains an assessment based on PEST analysis, covering the relevant political, economic,

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The US stock market in 2007, and expectations from the market for 2008.

Here is how TraderThoughts.com assess the US stock market of 2007 and looks forward to 2008. Very little has changed this week on the price front in the broad market. The front line indexes were largely unchanged for the week, barring Thursday's fierce sell-off partly fueled by events in Pakistan. In this relative quiet of the holiday season, investors and analysts alike are likely to be unsure of...

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Payment Card Competitor Tracker: Quarter One, 2007

Payment Card Competitor Tracker: Quarter One, 2007 Introduction The Payment Card Competitor Tracker provides expert analysis and opinion on the strategic moves of leading competitors in the payment cards market. Produced on a quarterly basis, the Tracker is a global product and consistently covers players such as American Express, Barclaycard, Capital One, Citigroup, Discover, GE Consumer Finance,...