Norman Lepoff, M.D.
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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
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Economy- Long Term, Financials Look Good by Michael Filloon
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- Investing Ideas -SampleSeeking Alpha - Investing IdeasCramer's Picks
- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
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- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael Granby
Latest Comments253 Comments
Cramer's Lightning Round: Honeywell Is a Winner (11/24/08)
Cramer's Mad Money - Cramer at Gunpoint (11/10/08)
Cramer's Stop Trading! The CAT in the Hat Is Back (11/10/08)
Cramer's Mad Money - Does the Rate Cut Matter? (10/29/08)
Cramer's Lightning Round - Who Needs Citi? (10/28/08)
breed at 50. According to Cramer, it was the safest of them all.
Who needs Cramer is the real question?
Nothing To Ship - Cramer's Stop Trading! (10/22/08)
Cramer should be taken off the air!
I do not watch CNBC any more. Switched to FOX. Cramer is a flake.
We've Only Just Begun - Cramer's Mad Money (10/22/08)
Must Settle - Cramer's Stop Trading! (10/20/08)
Dividends Protect You - Cramer's Lightning Round (10/17/08)
Bank on Yield - Cramer's Mad Money (10/17/08)
Dividend Cuts: Time to Sell?
Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08)
A Trader's Market - Cramer's Stop Trading! (10/13/08)
Bulls Take a Stand - Cramer's Stop Trading! (10/10/08)
Well????
Bulls Take a Stand - Cramer's Stop Trading! (10/10/08)