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• The Capital Crunch Spreads

  Capital levels are tumbling at major banks and brokerages—not just Citigroup—which could crimp earnings and economic growth Read More... Posted Wednesday, November 07, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off) Filed under: BSC, C, LEH, MER, WM, Banking, UBS, Financial Services, DB, CM, COF

• Prisoners of Debt

  A fresh start with bankruptcy? Big lenders keep sqeezing money out of consumers whose debts were canceled by the courts Read More... Posted Thursday, November 01, 2007 12:01 AM from BusinessWeek Online -- | (Comments Off) Filed under: Legal Issues, BSC, JPM, WB, COF, PRAA

• A Record Year for Layoffs in Finance

  Wall Street is hacking jobs in huge numbers due to the subprime mortgage crisis and resulting credit crunch. The purge may not be over yet Read More... Posted Monday, October 22, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off) Filed under: CS, BSC, MER, MS, HBC, CFC, Investment Banking, UBS, Financial Services, COF, Career & Work, Hiring and Firing, IMB