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For all of you on Main Street who have been watching the turmoil on Wall Street for the past few weeks, Monday's shockwaves rattled even the most steadfast. ...more
September 30, 2008
Wall Street's worst fears came to pass Monday when the government's financial bailout plan failed in Congress and stocks plunged precipitously - hurtling the Dow Jones industrials down nearly 780 points in their largest one-day point drop ever. Credit markets, whose turmoil helped feed the stock market's angst, froze up further amid the growing belief that the country is headed into a spreading credit and economic crisis. ...more
September 30, 2008
St. Petersburg-based financial services giant Raymond James Financial said Thursday that it will become a broad-line commercial bank, a move that should position it to compete more aggressively for new customers and help it become more of a recognized financial brand. ...more
September 26, 2008
William G. Sanders, 49, Tampa Height: 5-foot-8 ...more
September 25, 2008
From the moment Anthony Kim stepped on the first green and saw two golf balls within 2 feet of the cup, he made it clear he wasn't going to give Sergio Garcia anything Sunday in the Ryder Cup. ...more
September 22, 2008
Shares of troubled banks Washington Mutual Inc. and Wachovia Corp. recovered on Tuesday as investors grew hopeful that American International Group Inc. would receive much-needed funding. ...more
September 17, 2008
The bankruptcy filing by Lehman Brothers on Monday and the sale of Merrill Lynch to Bank of America over the weekend rocked Wall Street, so it's no surprise that the ongoing crisis has many average Americans nervous. Before you start pulling money out of your bank account or sell off investments, here are some things to keep in mind: ...more
September 16, 2008
More than 20 customers of a Wachovia bank branch have complained that money has disappeared from their accounts – the result, police say, of a thief having attached a scanning device at the ATM there. ...more
September 11, 2008
The government takeover of Fannie Mae and Freddie Mac promises some real benefits for the Tampa Bay area, which for months has struggled under the force of the nation's housing downturn. ...more
September 9, 2008
An increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan. ...more
September 7, 2008
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