Dust-up over soured mortgage trusts settled, as bank agrees to paybondholders $8.5B
Creditors left holding the bag after Jefferson County goes bust; 'catastrophic mistake'
California eyes selling muni debt in $25 denominations; lower buy-in designed to attract more investors
After S&P lowered ratings on thousands of municipal bonds earlier in the week, traders braced for a massive selloff. They're still waiting.
JPMorgan boss dismisses analyst's claims, says banks can cope with mounting presssures
Like the President, Republican leaders gave thumbs up to TARP, prescription drug plan, foreign wars; 'plenty of blame to go around'
Accord may still leave Uncle Sam still vulnerable, says fund firm boss: 'uncertainty premium'
State hedging against possible credit market chaos; lowest-debt rating of all 50 states
Who will bag Securities America? Sources say Ladenburg and Cetera are leading the pack that's pursuing the struggling B-D. But a PE firm is also thought to be sniffing around the Ameriprise unit.
The average closing cost on a mortgage jumped from around $3,600 to more than $4,000 this year. It's even more expensive in these ten states.
