The depth and breadth of the housing crisis is forcing regulators to consider and implement quickly some ideas that only recently were unthinkable.
Outflows have continued to slow and more new cash has begun to find its way back to tax-exempt money market funds over the last week.
House Speaker Nancy Pelosi will convene a forum on Monday to launch the development of a second economic stimulus package.
It's a dated snapshot but still fascinating: large loans ran into trouble at a breakneck pace last year, according to a report released Wednesday by federal regulators.
The U.S. Justice Department has subpoenaed several large firms and agencies as part of an investigation to determine whether Lehman misled investors before its Sept. 15 bankruptcy filing.
With just $6 billion in assets left, of what once totaled $83 billion, Reserve Management is liquidating its 18 remaining funds.
After four days of wrangling with Wells Fargo & Co. over Wachovia Corp., Citigroup Inc. said late Thursday it broke off compromise talks with Wells.
Sen. Hillary Clinton has proposed a $150 billion Emergency Stabilization Fund to help small businesses, universities, students and municipalities cope with the credit crisis, with the money coming from the $700 billion financial bailout package.
Money market mutual funds are expected to all participate in the Treasury Department's temporary guaranty program, which will cover investors' assets in the funds as of the end of Sept. 19, analysts said.
The U.K. has been less coordinated in its responses to the crisis than the U.S., said former Federal Reserve Board Chairman Paul Volcker.
Banking companies that do not need capital are having the easiest time raising it, and in some instances they are raking in far more than they initially requested.
Gerald J. Ford made his reputation buying up damaged banks and thrifts during the S&L crisis, fixing them, and selling them for top dollar. Now, he is looking to repeat history.
Connecticut Attorney General Richard Blumenthal has filed motions to remand back to state court the lawsuits he filed this summer against the three major credit rating agencies.
The Securities and Exchange Commission's ban on short selling, which it initiated Sept. 18 as an emergency order to help stabilize the tumultuous market, has finally been lifted.
AdvisorMax coach Katherine Vessenes presents a 60-minute web seminar that will teach you what NOT to do in your initial meeting with a prospect.
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Our industry experts gather to discuss the big issues facing financial advisors and their clients. Read their opinions on the decumulation phase of retirement plans, clients who spend too much money, preserving wealth in the weak economy and much more.
Women control a combined net worth of $4.4 trillion and they bring a new mindset when giving money to charities. Advisors who ignore this potential opportunity should consider this: With the coming generational wealth transfer, women will ultimately decide just where a lot of that money goes.
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The best way to take care of your clients is to support your own staff. On a turbulent day in the market, like last Thursday, your clients and staff will interact. How can you prepare your team to deal with client stress?
The height of any market upswing or downward spiral is accompanied by headlines, but in a 24-hour news environment the financial media can become particularly suffocating for your clients. Clients who obsess over every new headline run the risk of losing sight of their long-term investment goals. Here are five ways to address the issue.
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