DB
Wall Street Meltdown: Lehman Files for Bankruptcy, Merrill Lynch Is Sold, AIG Seeks Capital
(via biz.yahoo.com)
Now that's a major market headline. Fear strikes Wall Street as several significant events hit the financial sector.
Deutsche Bank Says $200 Oil Would Create Global Economic Collapse
(via www.contrarianprofits.com)
“Two-hundred dollar oil would break the back of the global economy,” Adam Sieminski, chief energy economist at Deutsche Bank AG (DB), told Bloomberg News in an interview yesterday (Wednesday) in Tokyo. “Next step after $200 would be global recession and bad news for everybody.”
Citigroup gets denied: Ackermann wants nothing to do with Citigroup.
(via www.247wallst.com)
This is why I think Citigroup is in a world of hurt....as of right now. If top managers like Ackermann don't want the job then who does.
Dreman Scoops Up Bank Shares
(via www.bloomberg.com)
Bloomberg article on financial stocks. Quotes Dreman as saying: "We've always been big financial owners. We're buying stocks through the selloff." There are few specifics in this article; it's mostly a general overview of financial stocks and what has hurt them recently.
