- ‘Smoking gun’ memo reveals Toyota workers’ safety fears
- Fox holds ‘Wall Street’ sequel
- Goldman Deal-Maker Now Advocates Regulation
- Pali Capital: Lawsuits, poker and the death of a boutique bank
‘Smoking gun’ memo reveals Toyota workers’ safety fears – The Times of London
Toyota was forced today to turn over to United States congressional investigators a “smoking gun” memo produced by its own factory workers that warned management as far back as 2006 of systemic threats to car safety.
The two-page memo, which was drafted by a group of long-term Toyota employees and sent directly to Katsuaki Watanabe, the president of the company in 2006, condemns “safety sacrifices” made by the company in pursuit of profit…..
Fox holds ‘Wall Street’ sequel – Variety
With an invite from the Cannes Film Festival likely coming, 20th Century Fox is pushing back the release of Oliver Stone’s “Wall Street: Money Never Sleeps” from April 23 to Sept. 24.
Insiders say the film has a strong shot at being included in the fest, which runs May 12-23. Fox would not comment…..
Goldman Deal-Maker Now Advocates Regulation – NY Times
For 18 years, Gary G. Gensler worked on Wall Street, striking merger deals at the venerable Goldman Sachs. Then in the late 1990s, he moved to the Treasury Department, joining a Washington establishment that celebrated the power of markets and fought off regulation at almost every turn.
Today, he is emerging as one of the nation’s archreformers, pushing to impose some of the most stringent new financial regulations in history. And as the head of the Commodity Futures Trading Commission, the leading contender to oversee the complex derivatives contracts that played a central role in the financial crisis and, in turn, the Great Recession, he is in a position to influence the outcome…..
Pali Capital: Lawsuits, poker and the death of a boutique bank – Reuters
But last month, Pali itself shattered. The firm said it was winding down after failing to sell itself to a group advised by former Bear Stearns Chief Financial Officer Sam Molinaro.
The bank’s swift demise surprised industry observers. As with many firms that suddenly fail, not everything at Pali was what it seemed.
For all his enthusiasm and charm, Reifler had a combative side. Most conspicuously, he had a tendency to sue, launching at least a dozen lawsuits against people and companies over the last 10 years…..
Tags: Autos, CFTC, Citigroup, Gary Gensler, Goldman Sachs, Gordon Gekko, implosions, Movies, Pali Capital, recalls, Toyota
