crash AIG

Tells a partial story of how financial products emerged

Collapse of Financial Capital Wall Street America

The Last 6 months of 2008, were the worst, that lead to fall of investment banking era, with the downfall or evaporation of firms like
Wachovia,
Lehmen Bros,
Merill Lynch,
AIG,
Forced Goldman Sacs and Morgan Stanley to obtain bank status from pure investment firms,
Washington Mutual,
Rescue of Citigroup by Fed, indirect pumping of lifeline to almost every Bank with TARP.

If TARP concept was used from the beginning, Couldn't we have rescued the downfall of financial firms ?
It took nearly 1 year to officially declare a recession which was sometime 2008 Oct.

CEOs of Merill O Neal, Thain and Lewis of BAC

Thain Failure to Rescue Merrill Shareholders Messes Mr. Fixit

The Weekend Lehman Died

Now only Goldman Sachs, Morgan Stanley are the only major investment banks left in America. How did BAC find enough capital to buy Merill. How effective will the RTC Plan of Federal will be? How assets will get off as losses from balance sheets of commercial banks.

http://finance.yahoo.com/banking-budgeting/article/105802/Street-Scenes:-The-Players-Remaking-Financial-World

What are Investment Trust

Well I thought hedge funds where huge. I had no idea what were Investment Funds until i came across this article. Why foriegn investments are bailing out or investing in finance companies in USA when investors in USA are running away from them.

http://www.moneymorning.com/2008/02/18/outlook-2008-three-ways-to-profit-from-sovereign-wealth-funds-the-next-wall-street/

Finance on Sale

The whole finance sector in USA is down because of credit crunch. Many companies have actually lost money and many of have seen the ripple effect just because they belong to the sector. Most have them have seen their multi year lows. Every one on the street agrees, they got hit more than what it should have been. What ever lets not get into what or why. I kind of enjoy studying this situation.

Lets see.