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Can Obama save America?
WITH Barack Obama about to inherit the biggest financial crisis since the 1930s, america's 44th president is under pressure to match the deeds of FDR.
News

S&P 500 Weekly Winners & Losers
The S&P 500 continued to struggle this week, dragged down by Citigroup and Bank of america.
Forbes

Obama begins historic train journey to Washington
Barack Obama warned that america faces 'a time of great challenge' as he launched pre-inauguration festivities with a special train trip to Washington, where in three days he will become president of the United States
Financial Times

U.S. Stocks Fall for Second Week; Citigroup Leads Bank Retreat - Bloomberg
Jan. 17 (Bloomberg) -- U.S. stocks fell for a second week, led by financial companies, after Citigroup Inc. said it will split in two and Bank of america Corp. required emergency federal funds for its acquisition of Merrill Lynch & Co. A rally ...
Feed Digest

For Bank of America, the Pressure Mounts Over Merrill Deal
Bank of america's chairman came under fire from investors wanting to know why the bank did not notify them of Merrill's losses in December.
The New York Times

After Hours: Citigroup, Bank of America gain in late trades
Banking stocks remain active as the sector continues to experience major shifts, with the planned split of Citigroup and the injection of more U.S. government funds into Bank of america.
MarketWatch.com

Building A $1 Trillion ``Bad Bank``
The government now has little choice than to create a new 'bad bank' which would take$1 trillion in troubled assets from america's largest financial firms
Time

BofA Bailout Fails To Stanch Bleeding In Financial Stocks
The government threw a lifeline to ailing Bank of america on Friday, but shares of the financial giant and many peers continued to sink.
Investors.com

Washington plots next step after aid to Citigroup and Bank of America
Washington was last night considering fresh plans to clean up the US banking system's deteriorating situation.
Times Online

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Archived "business - americas" news stories.

Available news archives.

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September 2009
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