DETROIT/WASHINGTON, Dec. 19, 2008 (Reuters) — General Motors Corp and Chrysler are close to securing emergency loans as part of a U.S. government aid package that would demand sweeping restructuring at the troubled automakers, according to sources familiar with the talks. ... > full story
NEW YORK, Dec. 16, 2008 (Reuters) — Goldman Sachs Group Inc reported its first quarterly loss since going public nine years ago as plunging stock, debt and real estate markets caught up with a Wall Street leader that had sidestepped the worst financial crisis in decades. ... > full story
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Goldman's Hedge Funds Business A Bright Spot In Down Year Dec. 16, 2008 (Morningstar) — Hedge funds may be struggling and closing up shop in the current market environment, but Goldman Sachs Group Inc. (GS) was able to make more money ...
The Bernie Madoff Morality Tale Dec. 16, 2008 (Forbes) — The Bernie Madoff Morality Tale Andy Kessler, . Why, Bernie, why?. . By all accounts, Bernard Madoff had a successful trading business and was a ...
Lehman Revisionism Watch, Unexpected Loan Division Dec. 16, 2008 (SeekingAlpha) — Andrew Ross Sorkin seems to have caught Hank Paulson and Ben Bernanke out in a bit of a fib. They couldn't bailout Lehman, said first Paulson and ...
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