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Premarket roundup: Fannie, Freddie, airlines - CNNMoney.com
Premarket roundup: Fannie, Freddie, airlinesCNNMoney.com - 5 hours ago… weight of the mortgage implosion and credit crisis, but few seem to be in danger, according to Richard Bove, a banking analyst with Ladenburg Thalmann Inc.Video: US Banks In Crisis CBSLehman Shares Dragged Down by Fannie, Freddie Concern (Up
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Global Entertainment & Media Holdings filed for an IPO
Global Entertainment & Media Holdings, a New York City-based blank check company, filed for an IPO to offer 15 million units at $10 each to rasie $150 million. Lead manager: Merrill Lynch. Co-managers: Morgan Joseph and Ladenburg Thalmann. (IPOScoop.com)
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Lehman eyes $2.8 billion loss
Lehman eyes $2.8 billion loss2 min - Jun 10, 2008 June 9 - Major investment bank, Lehman Brothers projected a second quarter loss on the heels of trading and hedging losses. The invesment bank says it plans to raise $6 billion dollars to shore up its capital. Lehman's health has ben under intense scrutiny in recent months; veteran banking analyst Dick Bove comments on the future of the firm. Diane King reports from New York. Speaker: Dick Bove, veteran banking analyst, Lad
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Washington - Analysts: 150 U.S. Banks Could Shut Its Doors Due To Mortgage Crises
Washington - Analysts: 150 U.S. Banks Could Shut Its Doors Due To Mortgage CrisesWashington - As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail over the next year. But after a large mortgage lender in California collapsed late Friday, Wall Street analysts began posing two crucial questions: Just how ma…Read the full post from Vos Iz Neias (Yiddish: What’s News?)
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