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Eliot Spitzer's relentless pursuit of financial malefactors will earn him little sympathy as he faces allegations he arranged a visit with a prostitute.

MBIA Looks to Pick Up the Pieces

03/07/08 - 12:33 PM EST

New CEO Jay Brown says the company has a 'clear opportunity' to pick up market share after maintaining its credit rating.

After weeks of talk about a bailout, the bond insurer instead says it will raise $1.5 billion through a stock offering.

Volatile markets caused hedge funds to lose 2.46% in January, according to Hedge Fund Research.

Ambac Slashes Dividend

02/29/08 - 07:52 PM EST

The troubled bond insurer's move is an attempt to shore up capital amid pressure from ratings agencies.

Goldman Unloading Debt Backlog

02/29/08 - 04:08 PM EST

The Wall Street titan needs to free up its bloated balance sheet to do more deals.

The billionaire's potentially $1 billion investment in Assured Guaranty could be used to buy other struggling insurers.

Margin Calls Prick Thornburg

02/28/08 - 12:04 PM EST

The jumbo loan specialist could have to free up cash to put up as collateral for its plummeting Alt-A portfolio.

S&P Affirms MBIA, Ambac Ratings

02/25/08 - 05:38 PM EST

The move offers at least temporary reprieve for the troubled bond insurers.

Citi Faces More Pain

02/25/08 - 04:22 PM EST

Oppenheimer analyst Meredith Whitney was among those predicting a continued turbulent road for the banking giant.

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