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Investment Service

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Displaying items 1-5
  • Paterson: Statement on economic crisis

    Gov. Paterson issues a sobering assessment of the day's financial turmoil: ???Clearly, however, we are entering uncharted waters. Of the five largest, independent investment banks, only two are left standing today: Goldman Sachs and Morgan Stanley. Bear Stearn
  • Gov. Paterson: All politics is local

    All politics is local -- and Paterson remembers the lesson today. In a smart move, as Congress and the WH hash out an unprecedented $1 trillion federally backed facility to take over bad mortgages from banks, Paterson writes Treasury's Paulson...

    Obama, McCain: Cautious in econ-crisis

    by Mark Silva Count both Barack Obama and John McCain, the candidates for president, as avowedly cautious in the face of the $700 billion bailout that the Bush administration proposes for banks and other financial institutions holding bad mortgage debts.....

    Storm clouds brewing for bailout plan?

    by James Oliphant It's still too early to tell, but is bipartisan support for the Paulson Plan eroding? Tuesday's Senate Banking Committee hearing kicked off with strong words from the ranking Republican on the panel, Sen. Richard Shelby of Alabama....

    Bailout crisis partly created in DC room

    by Frank James After nearly every disaster involving Americans, there's the usual investigation to figure out why the plane crashed or the ship sank and to affix blame. The difference between most calamities and the present financial-markets meltdown is...