Tuesdays Are Always Better Than MondaysYour Saturday-night hangover is finally cleared, and the anticipated response to the credit crisis on behalf of European banks is like an Alka-Seltzer Morning Relief for the economy.
House.gov Has CrashedNot that we expected any reasonable explanations anytime soon, but it would be nice to be able to check.
ByChris Rovzar
the greatest depression
Why Can’t Jamie Dimon Hold His Own Umbrella?At this particular moment in time, doesn’t it seem a little awkward for the JPMorgan CEO to be cruising around with a Fonzworth Bentley?
ByJessica Pressler
scenes from a meltdown
Citigroup to Buy Wachovia’s Banking OperationsThough the FDIC is quick to assure customers that Wachovia has not ‘failed,’ the government spent the weekend helping Citigroup finance a deal.
Bailout Protesters: ‘You Broke It, You Bought It’Unhappy with, uh, the way things have been going lately, hundreds of protesters gathered on Wall Street today. Hank Paulson, are you watching this?
Executive Pay: To Curb or Not to Curb?The issue of whether or not the government should set limits on executive pay as part of its bailout package can seem complicated. But is it?
ByJessica Pressler
Bailout Not So Popular on the HillSenators from both parties responded with a range of emotions at the hearing today, from grudgingly cooperative to Paul Revere–style riding-and-yelling levels of alarm.
ByDan Amira
the greatest depression
The Greatest DepressionJust because there’s a Depression on doesn’t mean we have to be depressed about it.
Mayor Bloomberg Breaks Into ‘Forbes’ 400 Top TenAnd he’s not the only one who’s doing well. We’ve rounded up which of your friends and neighbors (okay, just neighbors) here in New York made the vaunted list this year.
Lehman Staffers Look for NSA LoveWhen confronted with adversity, everyone has their own coping mechanisms — and sometimes those are sex parties and Craigslist.
Look! The ‘Journal’ Redesigned Its Web PageJust in time for an epic international financial crisis, WSJ.com gets a pretty makeover. At least some people are taking care of themselves these days.
ByChris Rovzar
scenes from a meltdown
Barclays in Talks to Buy Lehman AssetsThe British investment bank, which walked away from a deal to buy portions of Lehman last Sunday, is apparently still sniffing around.
ByJessica Pressler
it happened today
Bloody MondayNo matter what happens next, today was a day that will be remembered.