By Arthur Daret on 2/21/2009 2:26 PM

The White House tries to ease fears over bank nationalization

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By Arthur Daret on 2/18/2009 7:46 PM

So much for the bailout plan helping the markets move higher. What is the market saying?

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By Arthur Daret on 2/5/2009 6:00 PM

Potential of changing Wall Street rules helps stocks reverse. Plans are reportedly being discussed to modify mark-to-market accounting rules for big U.S. banks facing huge markdowns for bad assets. Overseers see the move as a way to help the government buy bad assets from banks at below-market rates, without forcing banks to go through full-fledged fire sales.

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By Arthur Daret on 2/4/2009 7:33 PM

Weaker industry groups performed well today while recent leaders struggled.

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By Arthur Daret on 1/28/2009 4:05 PM

This bad bank set up by the government would purchase risky assets from banks which would allow them to get them off of their balance sheets.

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