Click here to listen. Until the recent flood of bank bailouts occurred, I'm not sure that the masses knew, or really cared, what financial institutions did with customer funds, so long as the economy was secure. So, in a sense, good came from this massive overhaul as disclosure helped open the eyes ...

Morgan Stanley and Citigroup got $60 billion in bailout cash, and they need to cut $1.1 billion from their budgets for their merger, so, naturally, they're paying $3 billion in bonuses for performance. Sorry, "awards." The HuffPo obtained audio of a conference call with Morgan Stanley's James Gorgma...

The frozen market for initial public offerings of stock is starving banks of much-needed revenue. American investment banks saw the high-margin fees they earn from I.P.O. underwriting drop 64 percent in 2008 to an industrywide $931 million, according to Reuters. Some of the biggest losers include Mo...

It's always fun to predict what's going to happen. The risk of being spectacularly wrong is very high, but that's what makes the exercise so entertaining. 'Tis the season for dwelling, quickly, on what we learned last year -- de-leveraging is really painful and when gas prices are high, people want ...

It might have been Vikram Pandit's big idea to appease investors and raise a bit of extra capital - albeit only after pressure from the US government - but Citigroup's plan to hive off its Smith Barney broking division has not been welcomed by investors....

Third of three parts The contracts were flying out of AIG Financial Products. Hardly anyone outside Wall Street had ever heard of credit-default swaps, but by early 2005, investment banks were snapping them up to insure all kinds of deals in case of default, fueling one of the great financial boo......

Break-ups are never easy. But in the split between Morgan Stanley and Discover Financial Services, there are some particularly hard feelings on both sides. Morgan Stanley and its former subsidiary, Discover, are suing each other over the spoils of a $2.75 billion legal settlement that Discover colle...

Filed under: Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Morgan Stanley (MS), Amer Intl Group (AIG), Wells Fargo (WFC) Wonder what happened to the hard earned money you paid in taxes? I can't account for all of it but $540 billion that went to six financial institutions is being...

Filed under: JPMorgan Chase (JPM), Bank of America (BAC), Federal Natl Mtge (FNM), Goldman Sachs Group (GS), Morgan Stanley (MS), Lehman Br Holdings (LEH), Financial Crisis This post is part of AOL Money & Finance's Best & Worst in Money 2008 feature. In a year of financial chaos, how can on...

This could be a problem since many institutional investors and pension funds are barred from owning stocks below $5 dollars, and that could produce a massive sell-off of the stock that would further reduce the price. “That’s the danger of crossing that $5 threshold,” says Owen Malc...