Wall Street Folly

Obama’s new bank tax unveiled today; Barney Frank continuing assault on Wall Street pay; Geithner’s AIG phone records demanded by House committee; Dudley defends AIG bailout; Banker testimony post mortem; Bank of America’s bonuses getting much shorter on cash; More hedge funders winding up getting jobs at the SEC; Foreclosures at a record and still expected to rise

Posted by WSF On January - 14 - 2010
  • Obama’s Bank Tax Seeks $90 Billion to Repay Bailout
  • US Rep Frank: Determined To Look Into Wall Street Pay
  • Geithner faces demand for AIG phone records
  • Fed’s Dudley Defends AIG Bailout
  • Top bankers forced on to the defensive
  • Wall Street bankers on defensive in grilling over financial crisis
  • Panel Rips Wall Street Titans
  • Bank of America May Trim Cash Part of Bonuses to 15%
  • Hedge funds seen losing staff to the SEC: survey Read the rest of this entry »

Tags: , , , , , , , , , , , , ,

AIG, Bank of America, Barack Obama, Bonuses, Compensation, Goldman Sachs, Hedge funds, JPM Chase, Jamie Dimon, John Mack, Lloyd Blankfein, Morgan Stanley, Politics, Revolving Door, SEC, Taxes, Tim Geithner

After massive redemptions, Cerberus is looking for new blood to keep its fee machine going; Lehman’s European Administrator may claim $100B against parent; Barney Frank said to be in favor of broader audits of the Fed; Health bill longer odds now that Kennedy is gone?; Fed $14B bailout profit so far; Flash trading vs NYSE

Posted by WSF On August - 31 - 2009
  • Cerberus to Raise New Funds After Investors Pull $4.77 Billion
  • Lehman’s Europe Administrator May Claim $100 Billion
  • Frank Said to Back Broader Fed Audits
  • Kennedy Death Cuts Broad Health Bill Odds, Hatch Says
  • Raft of Deals for Failed Banks Puts U.S. on Hook for Billions
  • Fed makes $14bn profit on loans provided during financial turmoil
  • The Flash-Trading Thorn in NYSE’s Side Read the rest of this entry »

Tags: , , , , , , , , ,

WSF

Must see tv: Barney Frank in fine form on The Daily Show; Jon Stewart on Goldman Sachs’ “greatest quarter in the history of quarters”: “They are now dipping their balls in gold” $GS

Posted by WSF On July - 14 - 2009

Barney Frank was in quite the jovial mood as he bantered with Jon Stewart last night on the Daily Show. No hostilities like his last interview with Mark Haines on CNBC….And Stewart gets in another dig at Goldman Sachs…

Read the rest of this entry »

Tags: , , , , ,

Goldman Sachs, Politics, Videos

Video: Mark Haines vs Barney Frank: One of the best / funniest things we’ve seen on CNBC in a long time

Posted by WSF On June - 11 - 2009

CNBC predictably edited out the best part of the Barney Frank / Mark Haines conversation on executive pay which ended in an on air scuffle: Mark Haines’ last line. After a snippy and annoyed Barney Frank proclaimed the interview over, Mark Haines said: “Fine, we’ll manage without you.” No doubt this will show up later on an unedited YouToube version…..

Tags: , , , ,

CNBC, Politics, Videos, WSF

Tim Geithner’s prepared remarks for his appearance today before the House Financial Services Committee

Posted by WSF On March - 26 - 2009

Here's the link to the pdf

Tags: , , , , , , , , ,

Banks, CDS, Economy, Hedge funds, Politics, Tim Geithner, U.S. Treasury

VIDEO

TAG CLOUD

RECENT

Sponsors

Contact Us | Twitter ID | RSS | Feedblitz

Tags

  • Charles Tyrwhitt wine.com Apple iTunes

Twitter