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Welcome to Krasneys On Everything Money Blog. These articles are a compilation of current articles that we find interesting and hope you will as well.

JPMorgan, American Express Will Tap Stock Markets to Repay TARP

Tuesday, 02 June 2009 12:06 Written by Jonathan Krasney

June 2 (Bloomberg) -- JPMorgan Chase & Co. and American Express Co., told by regulators last month they don’t need fresh capital, will raise $5.5 billion after the Federal Reserve said any firm seeking to repay the U.S. rescue funds must first tap equity markets.

GM Files Bankruptcy to Spin Off More Competitive Firm

Monday, 01 June 2009 14:45 Written by Jonathan Krasney

June 1 (Bloomberg) -- General Motors Corp., the world’s largest carmaker until its 77-year reign ended last year, filed for bankruptcy protection in the U.S. with a plan to create a 21st-century company that can compete in world markets.

New Normal of 2% GDP Growth Coincides With Bullish Biggs

Tuesday, 26 May 2009 11:43 Written by Jonathan Krasney

May 26 (Bloomberg) -- Americans may have to get used to unemployment greater than 8 percent for the first time since 1983 and an economy that won’t grow much beyond 2 percent as a consequence of the lost confidence in consumer credit that shattered financial markets.

VIX Falls to Lowest Level Since Lehman’s Bankruptcy

Wednesday, 20 May 2009 12:38 Written by Jonathan Krasney

May 20 (Bloomberg) -- U.S. and European options are trading at their lowest levels since Lehman Brothers Holdings Inc.’s September collapse after benchmark indexes rallied more than 33 percent over the last 10 weeks.

Fed Is Said to Seek Capital for at Least Six Banks

Wednesday, 29 April 2009 14:13 Written by Jonathan Krasney

April 29 (Bloomberg) -- At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said.

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JPMorgan, American Express Will Tap Stock Markets to Repay TARP

GM Files Bankruptcy to Spin Off More Competitive Firm

New Normal of 2% GDP Growth Coincides With Bullish Biggs

VIX Falls to Lowest Level Since Lehman’s Bankruptcy

Fed Is Said to Seek Capital for at Least Six Banks

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