Thursday, June 11, 2009

Thursday News - Ken Lewis; Runaways Still Loose; Breakfast Woes

General Banking News

The Chinese gov't probably took their money and now they're rotting in jail.
NZ runaway millionaires on the loose
http://news.smh.com.au/breaking-news-world/nz-runaway-millionaires-on-the-loose-20090607-bzh6.html

Bank Chief Tells of U.S. Pressure to Buy Merrill Lynch
http://www.nytimes.com/2009/06/12/business/12bank.html?ref=global-home

Fed Memo Said Aid for Bank of America Would ‘Come at a Price’
http://www.bloomberg.com/apps/news?pid=20601103&sid=a2ZP30tM3fpE

Ailing Banks Caught Between Regulators' Competing Visions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/10/AR2009061003756.html

Banks cut borrowing from Fed program to $36.9B
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/11/AR2009061103161.html

Bank Advertising
Funny bankin' doesn't have to mean crisis bankin'

Bank of America

CEO: Government pushed bank to buy Merrill Lynch
http://www.google.com/hostednews/ap/article/ALeqM5iiSKNakDSOAjQNLlJ9S2GiegQXtgD98OM7J00

Bank of America (BAC) NewsBite - BAC Upgraded By Keefe Bruyette Woods
http://www.marketintelligencecenter.com/articles/889989

How Bad is the Bank of America/Merrill Lynch Scandal?
http://business.theatlantic.com/2009/06/how_bad_is_the_bank_of_americamerrill_lynch_scandal.php

Wells Fargo

What does it mean that Wells Fargo is hanging on to its TARP funds?
http://www.minnpost.com/stories/2009/06/11/9435/what_does_it_mean_that_wells_fargo_is_hanging_on_to_its_tarp_funds
Wells Fargo Rally Can't Last: Analyst
http://www.thestreet.com/story/10512628/1/wells-fargo-rally-cant-last-analyst.html?cm_ven=GOOGLEFI

Rally at Wells Fargo: Save jobs and homes now!
http://www.pww.org/article/articleview/15978/

Final Offer?
http://www.journal-topics.com/dp/09/dp090610.6.html

SunTrust

SunTrust sues SouthEast Waffles owner
http://www.tennessean.com/article/20090611/BUSINESS01/906110329/1003/NEWS01/SunTrust+sues+SouthEast+Waffles+owner

BB&T

BB&T Wealth Management tops survey
http://www.bizjournals.com/triad/stories/2009/06/08/daily45.html

BB&T (BBT) NewsBite - BBT Upgraded By Goldman Sachs
http://www.marketintelligencecenter.com/articles/890016

Regions

Regions Bank intends to pay back federal bailout money 'as soon as we are allowed'
http://www.al.com/business/huntsvilletimes/index.ssf?/base/business/1244711773258790.xml&coll=1
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