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In what would be a bold reversal of former CEO Sandy Weill's original vision for the banking giant, Citigroup Inc. is reportedly in advanced talks with Morgan Stanley to run both banks' brokerage arms as a joint venture, with Morgan eventually acquiring Citi's Smith Barney.
Also See: Robert Rubin Steps Down

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Top Stocks for 2009

posted: 1 DAY 16 HOURS AGO

filed under: Investing

Steve Halpern, editor of TheStockAdvisor.com, surveys nation's leading newsletter advisors and has compiled a list of their favorite stocks for 2009. You can preview 20 of the 75 picks right now.

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Satyam Board Dissolved After Fraud

posted: 1 DAY 15 HOURS AGOcomments: 50

Indian authorities have dissolved the board of embattled outsourcing giant Satyam Computer in the wake of a massive fraud scandal and were working Saturday to name 10 new directors to lead the company.

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New Rules for Rest of Financial Bailout?

posted: 1 DAY 15 HOURS AGOcomments: 1101

filed under: Financial Crisis

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Frustrated with how the Treasury Department spent the first half of the $700 billion bailout package for the financial industry, House Financial Services Committee Chairman Barney Frank proposes new conditions for the second half, including a mandate that at least $50 billion go to preventing foreclosures.

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