WaMu free checking -- give or take $5
Washington Mutual Inc., which has made free checking a cornerstone of its marketing campaign, is about to start imposing a $5 fee on noncustomers who come into a branch and cash a check drawn on a WaMu personal account....Toyota to unveil natural gas Camry
Stocks end mixed as investors await bailout
Chrome is new but not so shiny
Remixed MySpace Music tries to catch the beat again
McCain's image as reformer takes a hit
Obama sounds populist tone
After declining 553 points in three days the Dow Jones Industrial Average was up 196.89
What we were posting:
GE (GE) Cuts Guidance, Its Credibility Destroyed
GE (GE) was one of the last men standing in corporate America. The company said the credit issues facing the economy would not damage GE Financial. The conglomerate indicated that it could make its way through the downturn.4:53 a.m.
No one lied, but a lot of people at GE must have miscalculated....
Faber Says U.S. $700 Billion Rescue Plan Isn't Enough (But Stocks to Rally 14% after Passage)
Bailout will encourage stupid acts by big firms, says Wilbur Ross (AGO)
Washington Mutual seeking private equity takeover - WSJ (WM)
The Great Deleveraging (and what it means)
Deleveraging is Deflationary. Ignore the talk of any immediate Inflationary effect. That comes later. Anyone telling you to buy gold now is a fool, a liar, a knave or a nut. The time for AU will come but it is most assuredly not now....10:49 a.m.
House Speaker Pelosi reassures market on rescue plan
FDIC May Need $150 Billion Bailout as Local Bank Failures Mount
What would Jesus short?
The Church of England was accused by a think-tank today of using short-selling tactics to maximise profit on its £5 billion investments....2:51 p.m.
Oil Deals (not) for the Geographically Challenged
In a move aimed at fueling China's insatiable appetite for energy assets, China's Sinopec group has agreed to acquire Tanganyika Oil Co., a Canadian company producing oil in Syria, for C$1.9 billion ($1.8 billion)....6:23 p.m.
J.P. Morgan to buy WaMu's operations: report (WM)
Report: U.S. seizes Washington Mutual (WM)
The Wall Street Journal's Early Reporting on the Seizure and Sale of Washington Mutual (WM)
Rescue Plan Talks Set Back by Republican Alternative (Update4)
Progress unravels on mortgage-relief plan
Replay of JP Morgan/ Washington Mutual Conference Call Available (JPM; WM)
FDIC: Bank Acquisition Information (Washington Mutual)
FDIC on Washington Mutual (JPM; WM)
Asian Stocks Fall, US Futures Down; Bailout Plan Worries