SIPC May Rescue Madoff Victims
Dec 31st, 2008 · The Securities Investor Protection Corporation is the FDIC of brokerage firms. Professor John Coffee talks about what responsibilities SIPC may have to help out firms who invested with Bernie Madoff.
Dec 31st, 2008 · The Securities Investor Protection Corporation is the FDIC of brokerage firms. Professor John Coffee talks about what responsibilities SIPC may have to help out firms who invested with Bernie Madoff.
Nov 13th, 2008 · Pulitzer Prize-winning journalist Gretchen Morgenson discusses the unprecedented collapse of Merrill Lynch, America's most famous brokerage house.
Oct 23rd, 2008 · The economic downturn is affecting the New York City real estate market. Many Manhattan building projects are not progressing as they normally would. Dana Rubenstein of the New York Observer newspaper and Steve Siegel of the global brokerage CB Richard Ellis offer their insight.
Sep 22nd, 2008 · The decision by Goldman Sachs and Morgan Stanley to become bank holding companies marks the end of the brokerage model that has dominated Wall Street since the Great Depression. Here, a look at what the move means and the future of investment banking.
Sep 15th, 2008 · Markets have tumbled after the investment bank Lehman Brothers filed for bankruptcy, and the brokerage firm Merrill Lynch agreed to be bought by Bank of America. Financial experts explain what's happening on Wall Street today and discuss the larger picture for the U.S. economy.
Sep 15th, 2008 · Bank of America will buy the ailing brokerage house Merrill Lynch for $50 billion. We examine whether Bank of America is overextending itself.
Sep 15th, 2008 · To avoid bankruptcy, the nation's largest brokerage firm, Merrill Lynch, agreed to sell itself to Bank of America for $50 billion. The fourth-largest U.S. investment bank, Lehman Brothers, couldn't find a buyer and decided to file for bankruptcy. The question swirling in the markets is: "Who's Next?"
Sep 15th, 2008 · Merrill Lynch announced Sunday that it has agreed to be sold to Bank of America for about $44 billion. The brokerage firm sees the sale as shoring up the company. Insurance company American International Group also faces rough waters after suffering staggering losses due to the credit crisis.