Wall Street Folly

As expected the Senate passes its ill conceived health care bill; Goldman’s Lloyd Blankfein is Financial Times Person of the Year; Dimon, Blankfein and Mack heading to DC in Jaunary for the next round of Congressional inquisitions; Barclays Bob Diamond sells 1.8M shares for £5M; Senate votes to up debt ceiling; Morgan Stanley mints 212 new managing directors; Grassley probing Citi tax breaks; Buffett wants ResCap?; “Squawk Box” broker says U.S. hid evidence; Alexis Glick is leaving FBN

Posted by WSF On December - 24 - 2009
  • Senate Passes Legislation to Overhaul U.S. Health-Care System
  • Master of risk who did God’s work for Goldman Sachs but won it little love
  • Dimon, Blankfein, Mack Among First to Testify at Crisis Panel
  • Senate Votes to Increase U.S. Debt Ceiling by $290 Billion
  • Barclays’ Bob Diamond reveals £5m share disposal
  • Morgan Stanley Appoints 212 New Managing Directors
  • Grassley puts pressure on Treasury in tax dispute
  • Buffett’s back, Billionaire looks to lock up GMAC’s ResCap Read the rest of this entry »

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Barclays, Citigroup, Goldman Sachs, JPM Chase, Jamie Dimon, John Mack, Lloyd Blankfein, Morgan Stanley, Politics, Subprime mortgages

Ugly: $9 Trillion debt forecast; Stephen Roach anti Bernanke op ed; Judge says SEC’s B of A settlement explanation is ‘puzzling’; Teddy Kennedy is dead; Hedge fund holdings of financials: $70B; Sarkozy says France won’t hire banks that don’t accept new compensation limits; Changes at Temasek; Chrysler sues Daimler; US Post Office looking to cut 30K employees

Posted by WSF On August - 26 - 2009
  • Decade of Debt: $9 Trillion
  • Stephen Roach Op Ed: The case against Ben Bernanke
  • US says debt outlook worsening
  • Bank of America Judge Calls SEC Response ‘Puzzling’
  • Senator Edward Kennedy dies at 77
  • Hedge Funds’ Holdings in Financials: $70 Billion
  • Sarkozy to Deny Work to Bankers Bucking Bonus Rules
  • Temasek Steps Back From Singapore Inc. Read the rest of this entry »

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