Thursday, April 29, 2010

Big Investment Banks Need Another 250 Billion: Bloomberg

April 29 (Bloomberg) -- JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among U.S. investment banks that may be forced to raise an additional $250 billion in capital, cut executive pay and divest some of their most lucrative assets under a bill on the U.S. Senate floor today, analysts say. (By Dawn Kopecki) Entire Story