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You would expect a year marking the 10th anniversary of the Asian crisis to be hectic, and 2007 didn't disappoint. Coup attempts, subprime fallout, terrorist attacks, scandals, volatile stocks, elections, you name it. ...more
December 27, 2007
This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. ...more
December 22, 2007
Nervous consumers are expected to make November another sluggish month for auto sales despite holiday discounts and a handful of runaway hits such as the new Chevrolet Malibu. ...more
December 1, 2007
Battered by the subprime mortgage crisis, Bear Stearns Cos. on Wednesday cut 4 percent of its staff in a move that could prelude a final push by investment banks to cull their ranks before bonuses are handed out. ...more
November 29, 2007
Billions of dollars in mortgage losses reported during the third quarter could be a prelude to bigger losses in the fourth quarter, as two more financial institutions warned of substantial write-downs Wednesday. ...more
November 15, 2007
Banks and brokers face as much as $100 billion of write-downs because of level 3 accounting rules, in addition to the losses caused by the subprime credit slump, according to Royal Bank of Scotland Group Plc. ...more
November 8, 2007
Stocks rose soundly Wednesday after word that some of the problems dogging big companies such as General Motors Corp. and Bear Stearns Cos. could be on the mend. ...more
September 27, 2007
Wall Street plunged anew Friday, hurtling the Dow Jones industrial average down more than 280 points after comments from a major investment bank exacerbated the market's fears of a widening credit crunch. ...more
August 3, 2007
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