Lehman Money Managers May Get $400 Million at Bain, Hellman (Bloomberg)
Oct. 6 (Bloomberg) -- Lehman Brothers Holdings Inc. 's ``key'' money managers will get retention bonuses valued at $400 million when their investment-management business is bought by Bain Capital LLC and Hellman & Friedman LLC.
Pope: financial crisis shows futility of money (USA Today)
Pope Benedict XVI says the global financial crisis show the futility of money and ambition.
Libor reflects money mkt freeze; policy response eyed (Reuters via Yahoo! News)
A slight fall in London interbank offered rates for three-month dollars on Monday offered a faint glimmer of hope that money market strains might be easing, but conditions remained poor and lending virtually non-existent across all maturities.
Pope: Meltdown Shows Money Is "Nothing" (CBS News)
Pope Benedict XVI says the global financial crisis shows the futility of money and ambition.
Money crisis: 3 safe places to stash your cash (Money via Yahoo! Finance)
With stocks and bonds in turmoil, and the housing market still in the dumps, you're probably wondering: Are there any safe places to stash your money in this market?
Kirk up in campaign money race (Daily Herald)
U.S. Rep. Mark Kirk continues to outpace Democrat Dan Seals in the money race as the two head into the final month of campaigning in the Northern suburbs.
"Mad Money's" Cramer: Get out of the market now (Newsday)
Former hedge fund manager who hosts "Mad Money" nightly on CNBC shocked the business world by going bearish, saying the market's unsafe for investment for the next five years. Jim Cramer, the wildly animated cheerleader for the stock market, who on his popular television show tends to be more bullish than most analysts, retreated yesterday, urging stockholders to dump their holdings as ...
Vanguard, Fidelity On Outside As Firms Opt For Money Market Guara (Fox News)
Vanguard, Fidelity On Outside As Firms Opt For Money Market Guara
Money-Market Rates Climb as Banks Hoard Cash, Crisis Deepens (Bloomberg)
Oct. 6 (Bloomberg) -- Money-market rates climbed worldwide as banks hoarded cash on speculation the seizure in credit markets is deepening and may prompt more financial institutions to collapse.
FundWatch: Fidelity, Vanguard stll mum on money fund gurantee program (Market Watch)
NEW YORK (MarketWatch) -- As the Oct. 8 deadline approaches for money market funds to join the Treasury Department's guarantee program, almost all of the industry's players have joined -- except, that is, for three of the largest companies.