Business / Tags / Mutual

+9
Interesting
90% Credible

Mortgage Mess Gets Messier

BUSINESS / NEWS Wed Dec 12, 2007 @ 8:15am neoform
BusinessWeek -- News from Washington Mutual, H&R Block and IndyMac show the troubles keep piling up Sometimes bad news comes in threes. While the Federal Reserve cut interest rates Dec. 11 to ease the financial and housing crises, the market was confronted with yet.. Read More
+7
Interesting
100% Credible

Bankruptcy Law Backfires as Foreclosures Offset Gains

BUSINESS / NEWS Thu Nov 8, 2007 @ 4:26pm neoform
Bloomberg -- Washington Mutual Inc. got what it wanted in 2005: A revised bankruptcy code that no longer lets people walk away from credit card bills. The largest U.S. savings and loan didn't count on a housing recession. The new bankruptcy laws are helping drive f.. Read More
+6
Insightful
80% Credible

The Best-Managed Mutual Funds

BUSINESS / OPINION Fri Mar 23, 2007 @ 8:18am neoform
BusinessWeek -- Meet the champs of the 2007 Standard & Poor's/BusinessWeek Excellence in Fund Management Awards There are more than 6,000 mutual funds, but, hey, how many can you name? Chances are the ones you know are offered by giants such as Fidelity, T. Rowe Price.. Read More
+1
Under Rated

WaMu Ditches the Wholesale Mortgage Biz

BUSINESS / NEWS Tue Apr 8, 2008 @ 8:17am neoform
BusinessWeek -- Word is the private equity cash infusion Washington Mutual is in line for comes with a condition: Cut the bank's risk in mortgage lending Troubled thrift giant Washington Mutual (WM), once one of the biggest players in residential mortgages, will stop.. Read More
+1
Under Rated

Funds: Running with the Bears

BUSINESS / NEWS Thu Apr 3, 2008 @ 8:15am neoform
BusinessWeek -- As recession looms, investors could do worse than to hedge their positions using bear-market mutual funds, which bet against upturns in the market With the U.S. economy facing the likelihood of a recession, is it too late to jump on the bear-market ban.. Read More
+1
Under Rated

Mortgage Meltdown / Washington Mutual to close 190 offices / It will shut 12 Bay Area home loan centers, expects to lose $1 bill

BUSINESS / NEWS Tue Dec 11, 2007 @ 8:14am neoform
SF Gate -- Washington Mutual Inc., the nation's largest savings and loan, said Monday that problems in the mortgage and credit markets are forcing it to close offices, lay off more than 3,000 workers and set aside up to $1.6 billion for loan losses in its fourth qua.. Read More
+1
Under Rated

Some investors want money out of Sudan

BUSINESS / NEWS Wed Mar 21, 2007 @ 11:07am neoform
USA Today -- When mutual fund investor Eric Cohen discovered in September that Fidelity Investments owned a big stake in PetroChina, which has an oil project in war-torn Sudan, he and two friends started FidelityOutOfSudan.com. Their aim: to push the Boston-based fund.. Read More
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