- U.A.E. Leaders Try to Ease Concerns Over Dubai
- Dubai World in Talks on $26 Billion of Debt, Rest Is ‘Stable’
- AIG closes debt for equity deal with NY Fed
- Madoff Investor Rosenman Loses Bid to Recover Assets
- GE, Vivendi Agree on $5.8 Billion Value for NBC Stake
- Cramer reverses his stance on stock-trade levy
- SEC Watchdog Eyes Insider Trading Probe
- Carlyle Group sued over collapsed fund
- CBOE to demutualise ‘within days’ Read the rest of this entry »
Tags: AIG, Bernie Madoff, Carlyle, CBOE, Credit Crunch, Dubai, Jim Cramer, retailers, SEC, Sovereign wealth funds
Goldman Sachs is now completely free of its TARP yoke, agreeing to pay the government $1.1 billion for the warrants it was forced to issue when the firm agreed not-so-willingly to accept TARP funds. The return to Uncle Sam, combined with dividend payments on the TARP preferred: 23%.
Turns out that Strip Clubs aren’t recession resistant. Like most other businesses in this economic downturn, they’ve been squeezed. So how are they making sure that their bottom lines don’t sag? They’re cutting costs and getting creative…. 
Political Schadenfreude: We must confess to having a general disdain for most of the politicians out there, Republican and Democrat alike. But we have a special dislike for Nancy Pelosi. That being said, there’s something so poetically just about hearing that she and her hubby took a bath in AIG stock last year. We must confess, it made us laugh hysterically…. 
It seems like it’s taken forever, but former Bear Stearns CEO Alan Schwartz has finally landed. He’s expected to join Guggenheim Partners later this month 
