WSJ.com: Markets

Businesses Paralyzed Amid Crisis

Sat, 22 Nov 2008 20:43:03 EST

The financial crisis is throwing a pall over the ability of companies, pension funds and philanthropies to expand and invest.

Citigroup Tries to Steady Stock

Fri, 21 Nov 2008 23:25:06 EST

Citigroup's Pandit told employees he has "no desire" to sell any part of the firm. Citi is working to stabilize its shares, which hit a 16-year low.

Geithner Pick Lifts Stocks

Sat, 22 Nov 2008 19:50:40 EST

Stocks rallied on reports that Obama will tap Geithner to be Treasury Secretary. The Dow industrials gained 494 points, but ended down 5.3% on the week.

Bankruptcy Is Option to GM Board

Sun, 23 Nov 2008 01:57:11 EST

Members of GM's board are willing to consider "all options," including an eventual bankruptcy-protection filing, a stance CEO Rick Wagoner opposes.

Will Market History Repeat Itself?

Fri, 21 Nov 2008 22:24:11 EST

None of us can control what the markets do to us. But we need to learn from our parents and grandparents who survived the Great Depression.

Geithner Tapped for Treasury Secretary

Sat, 22 Nov 2008 12:30:03 EST

Obama is likely to nominate Geithner to lead the Treasury. Geithner, president of the New York Fed, has been deeply involved in attempts to arrest the financial crisis and would bring a range of experience.

Turmoil Continues in Banking Sector

Fri, 21 Nov 2008 22:18:12 EST

Three more banks failed Friday, marking the highest volume of bank failures in one day since the Savings and Loan crisis.

Share Declines Pressure Redstone

Fri, 21 Nov 2008 23:07:55 EST

Viacom and CBS shares sank to lows this week, turning up pressure on Redstone as he tries to resolve his family's debt problems.

More Hedge Funds Expected to Succumb

Fri, 21 Nov 2008 20:55:33 EST

More hedge funds will likely have to close this year, amid a steady redemptions drumbeat from pension funds, endowments and others.

Goldman to Offer FDIC Debt

Fri, 21 Nov 2008 20:37:40 EST

Goldman Sachs will issue debt backed by the FDIC under the new Temporary Liquidity Guarantee Program.

Blackstone Pares Size Of Asia-Focused Fund

Fri, 21 Nov 2008 23:23:26 EST

Blackstone Group has cut the size of its planned Asia-focused hedge fund to around $200 million from $500 million to $1 billion.

Maxim in Restructuring Talks

Fri, 21 Nov 2008 20:13:47 EST

The publisher of men's magazine Maxim is in restructuring talks that are expected to turn over the company to creditors, in another blow to star media deal maker Steve Rattner.

U.S. Stocks Surge; Citigroup Sinks

Fri, 21 Nov 2008 19:31:01 EST

Despite Wall Street's late rally Friday, Citigroup fell 94 cents, or 20%, to $3.77 on the day, taking its losses to 60% for the week and 72% for November.

Small Caps Rally in Late Trading

Fri, 21 Nov 2008 19:39:46 EST

Small-cap stocks surged in the last hour of trading, though doubts circulated that the gains would be sustainable after weeks of heavy selling.

'Enron Clause' Applies if IRA Funds are Depleted

Fri, 21 Nov 2008 21:25:35 EST

You wouldn't be penalized for withdrawing less than your required minimum distribution if you don't have enough left in your IRA to do so. But you would be required to withdraw all of your remaining assets.