Wall Street Folly

Paulson reassured his investors that his CDO deal was ‘appropriate’; Rep Issa smells politics in the timing of the SEC’s Goldman charges; Blankfein going to DC next week; Goldman comes out swinging with their defense; Tourre now on leave, is deregistered in UK; Goldman’s made political donations to both parties; Goldman’s share buyback; SEC is defending ’sophisticated investors’ with this suit

Posted by WSF On April - 21 - 2010
  • Paulson & Co tells investors it was ‘open’
  • Paulson & Co. Says Its Role in Goldman CDO Was ‘Appropriate’
  • Suspecting politics in Goldman Sachs charges, Rep. Issa asks SEC for information
  • It’s Lloyd’s of Washington next week
  • Goldman takes aggressive line on fraud claims after bumper profits
  • Goldman mounts defense on SEC charges, saying clients knew its products well
  • Goldman Sachs Says SEC Case Hinges on Actions of One Employee
  • Bank Says Losses Prove No Ill Intent
  • Goldman Sachs Donations Loom Over Republicans, Democrats Alike Read the rest of this entry »

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

WSF

Goldman’s earnings beat; Employees rally around Lloyd Blankfein, senior management; Deal said to have been ok’d by senior execs; FSA to probe Goldman; SEC’s vote was partisan at 3-2, split leads to questions about how strong case is; More timing questions; AIG looking for an angle to recoup cash; Dodd says Goldman “shenanigans’ would be barred in reform bill; Politician returning Goldman campaign contribution; John Paulson hedges his bets by giving to Dems, Republicans

Posted by WSF On April - 20 - 2010
  • Goldman Tops Forecast, With $3.46 Billion in Earnings
  • Goldman Employees Rally Around Blankfein
  • What the Committee Knew
  • Goldman’s London Units Face Formal U.K. FSA Probe
  • Financial News: FSA Goldman Probe May Spark Intl Crackdown
  • Goldman Sachs CDO Lawsuit Split SEC Commissioners in 3-2 Vote
  • The SEC’s Impeccable Timing
  • AIG eyes action on Goldman over CDOs
  • Goldman ‘Shenanigans’ to Be Barred by Bill, Dodd Says
  • Kirk to Return Goldman Donations in Illinois Campaign Read the rest of this entry »

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

WSF

SEC case against Goldman smoking gun or water pistol? (and gee isn’t the timing interesting?); If there is a case, were top Goldman guys involved not just Fab?; Fab’s email is key to SEC case (and so were the Bear Stearns hedge fund guys emails, and look where that got the SEC); A look at the word “Selected”; Goldman may face UK, German inquiries; UK’s Brown complains of “moral bankruptcy” of investment banking firms; Chris Whalen thinks that John Paulson could get dragged into the litigation

Posted by WSF On April - 19 - 2010
  • The SEC vs. Goldman
  • SEC faces fight to produce an open-and-shut court case
  • SEC Probes Other Soured Deals
  • Paulson May Face Litigation Following Goldman Suit, Whalen Says
  • Top Goldman Leaders Said to Have Overseen Mortgage Unit
  • Fabrice Tourre email is key to SEC’s evidence
  • Goldman Sachs SEC Case May Hinge on Meaning of Word ‘Selected’
  • Goldman May Face U.K., German Inquiries After Suit
  • Brown Says He Wants Special Investigation of Goldman Sachs
  • Goldman attacked by UK premier Read the rest of this entry »

Tags: , , , , , , , , ,

WSF

At $32B and counting is John Paulson’s fund getting just too big?; Deutsche bank adding to Asia hedge fund support

Posted by WSF On March - 29 - 2010
  • Paulson’s $32 Billion Funds Prompt Too-Big-to-Succeed Concerns
  • Deutsche Bank to Add Staff Targeting New Hedge Funds in Asia Read the rest of this entry »

Tags: , , , ,

WSF

John Paulson (and a few other hedge funds) said to have banked on the Greek debt mess; Will SCOTUS help Ex-Enron CEO Jeff Skilling score a new trial?; AIG makes a $35.5B sale!

Posted by WSF On March - 1 - 2010
  • Hedge funds prosper from buying Greek debt
  • Greeks braced for fresh austerity measures
  • Toyota Chief Apologizes to China
  • Former Enron CEO could see new trial
  • AIG: Prudential Plc Agrees to buy AIA for $35.5 Billion Read the rest of this entry »

Tags: , , , , , , ,

AIG, Hedge funds, Paulson & Co

John Paulson Gold fund not so tempting to investors?; Hank Paulson urges bank restraint on pay; Temasek may be setting up a hedge fund; Guy hands says private equity will still be tough this year

Posted by WSF On February - 10 - 2010
  • Midas Touch Lost? Paulson Hits Hurdles in Gold Fund
  • Paulson, Once a Top Earner, Tells Buffett Bankers Make Too Much
  • Temasek May Set Up Hedge Fund, AsianInvestor Reports
  • Terra Firma’s Guy Hands Predicts Low Buyout Volumes This Year Read the rest of this entry »

Tags: , , , , , ,

Bonuses, Compensation, Hedge funds, Henry Paulson, Paulson & Co, Private equity, Sovereign wealth funds

Derivatives probe: SEC asks John Paulson for info on his winning subprime bets; B of A going on broker hiring spree, it’s bonus pool is over $4B; Dodd knocks Obama’s Wall Street regulation plan;’ Volcker Rule’ meeting resistance; Wire wearing Slaine charged in Galleon insider trading case; AIG to pay reduced bonuses; Madoff victims’ claims decision on the way

Posted by WSF On February - 3 - 2010
  • SEC asks Paulson fund for information
  • BofA push for 2,000 more retail brokers
  • BofA’s Banker-Pay Pool: $4 Billion
  • Dodd Calls Obama Plan Too Grand
  • Senators cool to ‘Volcker rule’
  • Investor charged in Galleon insider trading case
  • Mole Who Wore Wire In Galleon Case Is Identified
  • Despite Critics, AIG Sets Bonuses Read the rest of this entry »

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

AIG, Bank of America, Bernie Madoff, Hedge funds, Insider Trading

Bloomberg Senate poll shows 3-1 confirmation support for Bernanke; Hedge funds like John Paulson’s betting on interest rate rises; Not many AIG execs who said they’d return bonuses have done so; Geithner doesn’t see job growth til the spring; Allen Stanford near ‘breakdown’?; Big sovereign debt sell off possible per Moody’s; Rajaratnam’s lawyers want later trial; Buffett sells more Moody’s shares; Infringment: Microsoft Wordless?

Posted by WSF On December - 23 - 2009
  • Bernanke’s Confirmation Support Runs 3-1 in Favor in Senate
  • Top hedge funds bet on big rise in yields
  • AIG executives’ promises to return bonuses have gone largely unfulfilled
  • Geithner-U.S. job growth unlikely before spring
  • Stanford again seeks bail, Lawyers say he risks ‘breakdown’
  • Moody’s warns of possible sharp sell-off in sovereign debt
  • Rajaratnam Lawyer Opposes Request for Summer Trial on Galleon
  • Buffett Sells Moody’s Shares for Sixth Time After Profit Drop
  • Fortress’s Intrawest Said to Be in Talks on Buyout Loan Payment
  • Microsoft Must Alter Word or Stop Sales, Court Says Read the rest of this entry »

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

AIG, Allen Stanford, Ben Bernanke, Bonuses, Fed, Hedge funds, Insider Trading, Legal, Paulson & Co, Tim Geithner

Goldman bankers should expect to be paid in stock this year; DeTARPing Bank of America sells shares; Citigroup getting left behind; Bernanke has a tough day but probably gets his second term; Feds probed Rajaratnam ten years ago but came up empty; Looking for new revenue, Democrats propose Wall St. transaction tax; More deck chair rearranging at GM

Posted by WSF On December - 4 - 2009
  • Goldman bonuses to be in shares amid effort to quell public anger
  • BofA sells $19.3 billion of securities for TARP repay
  • Bank of America’s $19.3 Billion Is Biggest U.S. Sale Since 2000
  • Bernanke May Get Second Term at Fed Shorn of Bank Supervision
  • Citigroup Said to Need Treasury Stake Sale Before TARP Payment
  • Citigroup Stands Alone
  • Rajaratnam Investigated Decade Ago
  • Geithner says need to cut budget deficit
  • Wall Street Transaction Tax Proposed by Democrats Read the rest of this entry »

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

Autos, Bank of America, Ben Bernanke, Citigroup, Fed, Goldman Sachs, Hedge funds

Apologies for their credit crisis role and millions to assist small businesses from Goldman; Report says that if AIG collapsed, yes, Goldman would have been screwed; B of A’s Moynihan skewered in congressional testimony; Some Citigroup execs get big stock grant; Bernie Madoff’s boats sail away for $2M; Gold hits another record; Foiled Trump settles for AC casino stock consolation prize

Posted by WSF On November - 18 - 2009

  • Report Rebuts Goldman’s Claim on AIG
  • Goldman, Buffett Establish $500 Million Small-Business Program
  • It’s BofA-foonery!
  • Citi Pays Forese, Gerspach, Volk $11.7 Million Shares
  • Boats seized in Madoff scandal sell for $2 million
  • Gold hits record near $1,150/oz as dollar slips
  • Geithner, Bernanke, Schapiro Met Panel Probing Financial Crisis
  • Paulson Hedge Fund Sees BofA Almost Doubling by End of 2011
  • Trump Abandons Casino-Control Bid Read the rest of this entry »

    • Tags: , , , , , , , , , , , , ,

    Bank of America, Bernie Madoff, Citigroup, Credit Crunch, Goldman Sachs, Hedge funds, Politics

    John Paulson disses “The Greatest Trade Ever” — the new book about him — and calls it a “tabloid-style disappointment” filled with “numerous inaccuracies” #johnpaulson #housing #hedgefunds

    Posted by WSF On November - 4 - 2009

    Ouch!:  According to Page Six, John Paulson isn’t very happy with Greg Zuckerman’s new book, “The Greatest Trade Ever“, which explores how he made guzillions on his now legendary bets on the housing market meltdown. Read the rest of this entry »

    Tags: , , , , , ,

    Credit Crunch, Hedge funds, Paulson & Co, WSF

    Smart money: Hedge fund manager Paolo Pellegrini (the guy who helped John Paulson bank on housing bets) shorting U.S. debt #bonds #treasury

    Posted by WSF On October - 27 - 2009

    “I always like to think about assets that are likely to experience a breakdown; the only thing I’m pretty comfortable with right now is U.S. Treasury securities and U.S. agency mortgage-backed securities,” he said in a telephone interview from Beijing today. “I think that those are overpriced so they are attractive shorts.”

    Fund Manager Pellegrini Says Shorting U.S Debt ‘Attractive Bet’ – Bloomberg

    Tags: , , , ,

    Hedge funds, WSF

    JP Morgan earnings beat; Wall Street expects record pay!; B of A emails cite pressure from U.S.; Geithner aides banked; AIG bonuses; Paulson investing $78M in Conseco; Ex-Citadel manager starting a new hedge fund; UBS European asset mgt shake up; Bloomberg buying BusinessWeek; Intel beats

    Posted by WSF On October - 14 - 2009
    • JPMorgan Third-Quarter Profit Surpasses Analysts’ Estimates
    • Wall Street On Track To Award Record Pay
    • London Bonuses May Rise or Match 2008 Payouts, McKinley Says
    • BofA Emails Show Pique at U.S. Over Dividends
    • Geithner Aides Reaped Millions Working for Banks, Hedge Funds
    • AIG Advised to Limit Its Next Round of Bonuses
    • AIG Execs Returned $19M Of $45M In Pledged Repayments Read the rest of this entry »

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

    WSF

    U.S. claims “direct proof” against ex-Bear Stearns hedge fund managers; G-20 pay limits would hurt Citi and B of A most; Ohio may go after B of A for billions over Merrill deal; SEC looking at new securities lending rules; UBS chief forecasts its own health; John Paulson mulling merging CIT with IndyMac; JPM Inv banking co-CEO leaving; Stanford moved to new digs after scuffle; AIG’s Cassano is back in U.S.

    Posted by WSF On September - 29 - 2009
    • U.S. Says It Has ‘Proof’ of Crimes by Cioffi, Tannin
    • Banker-Pay Limits May Hurt Most at Citigroup, Bank of America
    • BofA Sued by Funds Over Merrill
    • FDIC Prepayment Likely for Banks
    • SEC Weighs New Rules for Lending of Securities
    • UBS chief forecasts return to health in a year
    • Paulson’s plan
    • JPMorgan’s Winters to Leave; Staley Will Run Investment Bank
    • Cassano is back in US
    • BNP Paribas To Reimburse Aid With Rights Issue Read the rest of this entry »

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

    WSF

    UBS bound? McCann in settlement talks with B of A; The witch hunt continues as Goldman is subpoenaed on trading huddles; Hedge funds are hiring again!; FDIC running out of cash?; John Paulson said to be buying Citigroup; Blackstone fund of funds business booming; New AIG CEO’s contract expected to pass muster with pay czar; Foxwoods to restructure debt to head off default

    Posted by WSF On August - 27 - 2009
    • McCann in Bank of America Talks, Setting Up UBS Move
    • Goldman Subpoenaed on Huddles
    • Hedge funds hiring again after downturn
    • FDIC insurance fund may need a hand itself
    • Hedgie Paulson Mad About Citi
    • Blackstone Gem
    • US thrifts earn $4M in 2Q; 40 on ‘problem’ list
    • Rules Eased on Bank Buyouts Read the rest of this entry »

    Tags: , , , , , , , ,

    WSF

    Paulson bets on B of A; Ouch: Citigroup forced to hire consutants to assess senior management competance; Citi says Andrew Hall compensation deal exempt from Czar review; Will Judge’s bail refusal for Madoff Lieutenants chill other witnesses into not talking?; US & UBS have a deal; Record budget defcit; Foreclosures continue to set record highs; Lehman sued AIG; Amaranth Settles; Sugar shortage?

    Posted by WSF On August - 13 - 2009
    • Paulson Bought 168 Million Shares of BofA
    • Huge Bonus Hangs Over Pay Review
    • SEC Is Ready to File Case Against Pequot
    • UBS and US strike tax evasion deal
    • U.S. Posted Record Year-to-Date Budget Gap in July
    • U.S. Foreclosure Filings Set Third Record-High in Five Months Read the rest of this entry »

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

    WSF

    VIDEO

    TAG CLOUD

    RECENT

    Sponsors

    Contact Us | Twitter ID | RSS | Feedblitz

    Tags

    • Charles Tyrwhitt wine.com Apple iTunes

    Twitter