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1% rate cut Monday morning.... :p

Out of the Gate: WaMu falls after job cuts Friday June 20, 10:35 am ET WaMu shares slip at market open after bank announces 1,200 layoffs, or 2.6 pct of work force NEW YORK (AP) -- Shares of Washington Mutual Inc. declined at market open Friday after the nation's No. 1 savings and...

Merrill shares fall on rumors of profit warning Friday June 20, 10:15 am ET NEW YORK (Reuters) - Merrill Lynch & Co (NYSE:MER - News) shares fell 5.5 percent Friday on rumors that the investment bank may issue a profit warning and take additional write-downs on its mortgage holdings...

:D

Oil rebounds on word Israel practiced Iran attack Friday June 20, 10:17 am ET By John Wilen, AP Business Writer Oil prices bounce back after Pentagon says Israeli exercises were demonstration to Iran NEW YORK (AP) -- Oil futures rebounded Friday as Pentagon officials said a large...

Ford, GM financial arms may incur writedowns: Lehman Friday June 20, 7:43 am ET (Reuters) - Ford Motor Co's (NYSE:F - News) and General Motors Corp's (NYSE:GM - News) financial arms may need to write down $1.1 billion and $1.5 billion, respectively, said a Lehman Brothers analyst, who...

Large U.S. banks' stocks in capitulation mode: Merrill Friday June 20, 10:04 am ET (Reuters) - U.S. large-cap regional banks' stocks now appear to be in "capitulation mode" and will likely trade below fair value in the near term as more dividend cuts and capital raises, high credit risk...

Puke 'em out longs...

Citigroup CFO Warns Further Writedowns Possible Thursday June 19, 12:52 pm ET Citigroup could take substantial write-downs for subprime mortgages, leveraged buyout loans and other assets in the second quarter, the company's chief financial officer said on a call with investors. Shares...

Cut rates now !!! :D

RBS issues global stock and credit crash alert By Ambrose Evans-Pritchard Last Updated: 11:44pm BST 17/06/2008 The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major...

Oil hits record near $140 a barrel on dollar, fire Monday June 16, 10:10 am ET By John Wilen, AP Business Writer Oil futures shoot to a record near $140 a barrel on falling dollar, North Sea fire NEW YORK (AP) -- Crude oil futures hit a record near $140 a barrel Monday as investors...

08:49 LEH Lehman Brothers: CFO Erin Callan, COO Joseph Gregory out at LEH - CNBC (23.75 )

Fed: High energy, food prices keep economy weak Wednesday June 11, 5:26 pm ET By Jeannine Aversa, AP Economics Writer Federal Reserve blames high energy, food prices for a weak economy heading into summer WASHINGTON (AP) -- The economy remained "generally weak" heading into summer...

:D

http://finance.yahoo.com/q/bc?s=WM&t=3m JP Morgan to buy WAMU for $2/shr :p

Oil prices soar after Energy Department report Wednesday June 11, 10:49 am ET By John Wilen, AP Business Writer Oil prices soar to near $137 a barrel after Energy Department reports falling supplies NEW YORK (AP) -- Oil prices are soaring in response to a government report that the...

Cut rates now Benny Boy.. Save us !! :D

Gas pushes above $4, oil falls on profit-taking Monday June 9, 11:46 am ET By John Wilen, AP Business Writer Gas prices pushed to new record above $4; oil prices retreated as investors took profits NEW YORK (AP) -- Retail gas prices rose further above a national average of $4...

Fund Manager: Why $200 Oil Would Be a 'Good' Thing Posted Jun 06, 2008 11:56am EDT by Aaron Task in Investing, Commodities, Recession "99% of investors need to focus less on the big picture and more on what their stocks are doing," says fund manager Howard Lindzon. But Lindzon does have...