- 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: Deutsche Bank, Hedge funds, John Paulson, Paulson & Co, Revolving Door
At $32B and counting is John Paulson’s fund getting just too big?; Deutsche bank adding to Asia hedge fund support
On March - 29 - 2010
- FDIC Stands Between J.P. Morgan and a WaMu Payoff
- M. Stanley to underwrite US’s Citi stock sale-CNBC
- Greece to Issue Seven-Year Bond
- Dubai World guarantees revealed
- AIG Unit Feels Effects of Pay Limits
- Junk bonds sell in record volumes Read the rest of this entry »
Tags: AIG, Bonuses, Citigroup, Compensation, Dubai, FDIC, Greece, JP Morgan, Junk Bonds, Morgan Stanley, Politics, Revolving Door, Sovereign debt, Sovereign wealth funds, TARP, tax refunds
- UBS’s U.S. Brokerage Unit Said to Fire Almost 200 Workers
- Lehman Examiner’s Report Misleading, Lawyers Say
- Bernanke says Fed is receptive to selling security holdings
- Greek aid plan wins backing
- Euro Rises From 10-Month Low as Trichet Welcomes Greek Solution
- JPMorgan, Lehman, UBS Named as Conspirators in Muni Bid-Rigging
- Ex-Cazenove, UBS Workers Said to Face Charges in Trading Probe Read the rest of this entry »
Tags: Bankruptcy, Barclays, Cazenove, Euro, Greece, JP Morgan, Lehman Brothers, Municipal Bonds, Newspapers, Radioshack, Revolving Door, Sovereign debt, UBS
- Tax-Break Battle Flares
- States Sue to Block Health Law
- Corzine to lead MF Global
- Moffat to Waive Indictment in Galleon Case
- AIG Increases Compensation for Most Top Managers Who Remained
- GMAC Said to Plan Sale of U.S. Factoring Unit to Wells Fargo
- Greece woes push euro to 10-month low
- New Jersey Cuts Workers’ Benefits Read the rest of this entry »
Tags: AIG, Economic stimulus, Euro, Galleon, GMAC, Insider Trading, Jon Corzine, JP Morgan, Lawsuit, MF Global, Obamacare, Raj Rajaratnam, Revolving Door, tax refunds
- TARP Panel Finds Fault With GMAC Bailouts
- Citicorp eyes $20bn profit
- Geithner warns of rift on EU regulation
- Mexico’s Slim becomes ‘world’s richest’ person
- Forbes: The World’s Billionaires
- Court finds former partner of Cazenove guilty on five counts of insider dealing
- Nomura Departures Rise as Former Lehman Bankers Leave Read the rest of this entry »
Tags: Bailouts, Bill Gates, Billionaires, Carlos Slim Helu, Cazenove, Citigroup, GMAC, Insider Trading, Lehman Brothers, Nomura, Revolving Door, TARP, U.S.. Treasury, UK, Vikram Pandit; Tim Geithner, Warren Buffett, Wealth
- Goldman Sachs Says Greek Swaps Not ‘Inappropriate’
- Wall Street Bonuses Rise 17%
- TCW Investors to Pull $1.3 Billion From Credit Funds
- UBS hires fifth former Merrill executive Read the rest of this entry »
Tags: Bonuses, CDS, Compensation, Goldman lSachs, Greece, Hedge funds, Merrill Lynch, Revolving Door, TCW, UBS
- Goldman Sachs Sues 7 Managers for Credit Suisse Move
- Dollar Rally Drives Euro Near Nine-Month Low as Metals Retreat
- Merkel Slams Greek ‘Scandal’ as Goldman Role Examined
- Top Earners Averaged $345 Million in 2007, IRS Says
- Junk Bonds Erase 2010 Loss as Spreads Fall Most Since September Read the rest of this entry »
Tags: Credit Suisse, Euro, Goldman Sachs, Greece, IRS, Junk Bonds, Lawsuit, poaching, Revolving Door, U.S. Dollar, Wealth
- SEC staff monitors stocks & bond-age
- Banks told to comply on bonuses or lose UK banking licences in shock FSA ultimatum
- Pali Capital Defections Roll On As Firm’s Future Uncertain
- Leveraged loan financing comes out of deep-freeze
- Greece wins Europe’s backing for moves to avert financial disaster Read the rest of this entry »
Tags: Bonuses, Compensation, FSA, Greece, leveraged loans, Porn, Revolving Door, SEC
- 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, Bonuses, Christopher Dodd, Compensation, Galleon, Hedge funds, Hiring, Insider Trading, John Paulson, Paulson & Co, Raj Rajaratnam, Revolving Door, SEC
- Republican Brown Wins Massachusetts Seat in ‘Tsunami’ Election
- Bernanke Seeks to Defuse Criticism Over AIG With Call for Audit
- New York Fed Says AIG Phrase Marked for Deletion Was Inaccurate
- Pandit’s gambit
- Pandit Is Running Out of Time to Clean Up Citigroup
- Morgan Stanley Reports Full-Year and Fourth Quarter Result
- Bank of America Announces 2009 Net Income of $6.3 Billion
- Bank Of America 4Q Loss Narrows Amid Merrill Results Read the rest of this entry »
Tags: AIG, Bank of America, Barack Obama, Ben Bernanke, Fed, Morgan Stanley, Obamacare, Revolving Door, Scott Brown, Sovereign wealth, Twitter
- Goldman Sachs Still Shines for MBAs Who Ignore ‘Hype’
- Soros, Citadel Hire Hedge-Fund Analysts From Galleon
- UBS Lays Out Employee Ethics Code
- Murdered Merrill Banker’s Wife Appeals Her Conviction
- Ex-Merrill Banker Bayly Won’t Be Retried in Enron Barge Case Read the rest of this entry »
Tags: Citadel, Convictions, Enron, Ethics, Galleon, George Soros, Goldman Sachs, Legal, MBA, Revolving Door, UBS
- Fund Boss Made $7 Billion in the Panic
- Goldman Sachs threatens Spanish move
- Citigroup ‘Lottery Ticket’ Warrants May Pay U.S. Lowest Return
- TCW Loses Mutual-Fund Head Redell to Gundlach’s Startup Firm
- Cosmetic Surgery Tax Out, Tanning Tax In For Sen Health Bill
- Twitter Is Said to Be Profitable After Making Search Agreements
- Citadel Broadcasting files bankruptcy protection Read the rest of this entry »
Tags: Appaloosa, Bonuses, Citigroup, Compensation, Dave Tepper, Goldman Sachs, Hedge funds, Revolving Door, Taxes, Twitter
- Steven Cohen’s ex-wife dished to FBI
- Finra Probes Wall Street’s Trade Huddles
- Last Days of BofA’s Hunt For a CEO: Pay, Politics
- Banking Panel Backs Bernanke for New Term
- Discord Behind TARP Exits
- Pimco’s Gross Boosts Cash to Most Since Lehman Failed
- Harvard Swaps Are So Toxic Even Summers Won’t Explain
- Judge sets January 2011 trial for Stanford defendants
- TCW defections reach 40
- Bing! Information Designs sues Microsoft for trademark Read the rest of this entry »
Tags: Allen Stanford, Ben Bernanke, Fed, FINRA, Harvard, Microsoft, Pimco, Revolving Door, SAC Capital, Steven A. Cohen, TARP, TCW
- Firms Face New Curbs on Pay
- Top bankers’ bonus rate to top 100%
- ‘What banker wants to be in the UK?’
- City tells Darling: your super-tax is pushing us out of Britain
- Darling Forces U.K. Banks to Swallow ‘Poison Pill’ of Bonus Tax
- Citi Is Eager to Pay Back Bailout Aid
- BofA Repays $45 Billion TARP Funds
- Cioffi’s Lawyer Says SEC ‘Not Likely’ to Settle Suit Read the rest of this entry »
Tags: Bank of America, Bear Stearns, Bonuses, Citigroup, Compensation, Hedge funds, Pay czar, Revolving Door, TARP, Taxes
- BofA Breakup Is New Snag in CEO Hunt
- Bernanke to defend his record and the Fed’s
- Bernanke Has Support of Majority of Senators on Banking Panel
- SEC Steps Up Insider-Trading Probes
- U.S. Taxpayers May Reap $3.17 Billion in TARP Warrant Auctions
- GM fires CEO Henderson. The board wants an outsider.
- Rothstein Charged in Ponzi Scheme
- Wells Fargo to shut 122 branches in state
- Merrill Sued by Client in Hong Kong Over $13 Million in Losses Read the rest of this entry »
Tags: Autos, Bank of America, Ben Bernanke, Fed, GM, Insider Trading, Merrill Lynch, ponzi schemes, Retailing, Revolving Door, SEC, TARP, Wells Fargo
- Whitney Says Goldman Sachs Lost ‘Tremendous’ Talent
- Small Businesses Turn to Goldman
- New Link Seen in Galleon Insider-Trading Case
- Geithner: ‘The credit crunch is not over’
- A Hedge-Fund King Comes Under Siege
- Lehman Brothers Creditors File $824 Billion in Claims
- Thain self be true
- Morgan Stanley’s Mack Welcomes Regulation by Fed Read the rest of this entry »
Tags: Autos, Bank of America, Bankruptcy, Chrysler, Citadel, Credit Crunch, Fed, Galleon, Gold, Goldman Sachs, Hedge funds, John Thain, JP Morgan, Ken Griffin, Lehman Brothers, Meredith Whitney, Merrill Lynch, Politics, Raj Rajratnam, Revolving Door, Tim Geithner
- AIG’s Benmosche Threatens to Jump Ship
- Madoff Former NYC Penthouse Gets $1 Million Price Cut
- Picower’s Widow Seeks Madoff Trustee Deal After Filing of Will
- Goldman chief defends employees’ pay
- Ambac, MBIA Tumble as Losses May Overwhelm Bond Insurers
- Fed’s Fisher Says Growth May Be Suboptimal Into 2011
- Dodd’s reform plan takes aim at the Fed Read the rest of this entry »
Tags: AIG, Bernie Madoff, Bonuses, Compensation, Economy, GM, Goldman Sachs, Politics, Revolving Door
- Deutsche Bank Boosts Banker Pay After Record Sales and Trading Share Business Exchange
- Citadel Securities Head D’Souza Leaves After a Year
- F.D.I.C. Chief Criticizes Reform Plan
- Tanking Gov. Paterson may ‘reassess’ his election bid
- Sex show host Robin Byrd forks over $500 to Sen. Schumer’s campaign Read the rest of this entry »
Tags: Bonuses, Citadel, Compensation, Deutsche Bank, FDIC, New York, Political Contributions, Politics, Porn, Revolving Door
Shocker? Bank of America is apparently having trouble rustling up qualified external CEO candidates $BAC #TARP
On October - 28 - 2009
Can this really be a surprise? With all of the abuse that CEOs at banks that are still beholding to Uncle Sam have received (getting raked over congressional coals, earning non-competitive pay, etc.), what sane superstar CEO type would want the headaches of being at the helm of B of A? So of course the pool of candidates will be small. Very small. It’s a case of adverse selection. According to Bloomberg:
Bank of America Corp.’s search for a new CEO has slowed as directors sift through outside candidates that are in short supply, according to people familiar with the process. Read the rest of this entry »
Tags: Bank of America, Compensation, Revolving Door, TARP
- Wall Street Reacts With Skepticism, Anger on Moves to Cut Pay
- Pay Master Navigated Some Conflicting Demands
- Fed Hits Banks With Sweeping Pay Limits
- Citigroup Taxpayer Ownership Doesn’t Prevent Lobbying
- CIT and Goldman Strike a Deal on Debt
- Apollo Pulls Off a Turnaround With Funds
- After a Decade-Plus Together, Calpers Reviews Apollo Ties Read the rest of this entry »
Tags: Amazon, Apollo, Apple, Autos, Bonuses, Calpers, CIT, Citigroup, Compensation, Fed, GM, Goldman Sachs, Lobbyists, Nokia, Revolving Door
- Geithner: Wall Street pay “offensive”
- Morgan Stanley Profit Beats Estimates on Investment Banking
- Buffett Says Wall Street Pay Must Have ‘Downside’
- U.S. bailout program increased moral hazard: watchdog
- TARP ‘Extremely Unlikely’ to Yield Taxpayer Returns, Audit Says
- BofA knew of Merrill losses in November: report
- Bear Manager Cioffi Redeemed $2 Million From His Fund Read the rest of this entry »
Tags: Bank of America, Bear Stearns, Bernie Madoff, Bonuses, Compensation, Deutsche Bank, Fed, Junk Bonds, Merrill Lynch, Morgan Stanley, Revolving Door, TARP, Tim Geithner, Warren Buffett
- Galleon Clients Abandon Ship
- ‘Pirate’ Raj facing mutiny
- Rajaratnam’s Letter to Employees
- Galleon’s Traders Seek Legal Advice, Update Resumes
- Hedge funds brace for fallout from insider-trading bust
- Thin Line Separates Insider Trading and Research Read the rest of this entry »
Tags: Galleon, Hedge funds, Insider Trading, Legal, Raj Rajaratnam, Revolving Door
- For Bank of America’s Dealmaker, One Deal Too Many?
- Ken Lewis farewell memo
- He’s not even cold
- A look at potential successors to Lewis
- Lewis departure catches BofA board off guard
- J.P. Morgan Hopes to Heal N.Y.-London Lacerations
- Super rich are $300 billion lighter
- CIT Draws Up Bankruptcy Option Read the rest of this entry »
Tags: Autos, Bank of America, CIT, GM, JP Morgan, Ken Lewis, KKR, Revolving Door, TV, Wealth
- Khadafy booted from Camp Trump
- Palin Attacks Fed on Hong Kong Visit, Wants ‘Responsible China’
- Ken and Linda Lay’s condo for sale for $12.8 million
- MCapital delays launch amid lack of seed funds
- Yale Endowment Posts a 25% Loss
- Harvard, NYU Law Students Left Hanging as Firms Slash Offers Read the rest of this entry »
Tags: Donald Trump, Endowments, Fed, Harvard, Hedge funds, Ken Lay, Law School, Moammar Khadafy, NIMBY, Real Estate, Revolving Door, Sarah Palin, terrorist thugs, Yale
- BofA to provide more documents in Congress probe
- Traders eye fund launch
- Bank of America, JPMorgan Trim Overdraft Fees Amid Criticism
- Ex-Bear Fund Manager’s Bail Needs Review After Trip, U.S. Says
- UBS Is Said to Fire About 150 Brokers in U.S. Wealth Management
- Geithner Says ‘Time Is the Enemy’ of Financial Rules Overhaul
- SEC Aggressively Reviewing Insurance Securities, Schapiro Say
- SEC, CFTC Chairmen Urge Tougher Rules for Derivatives
- Government: Half of Madoff accounts show no loss Read the rest of this entry »
Tags: Bank of America, Bear Stearns, Bernie Madoff, Fed, Hedge funds, JP Morgan, Lehman Brothers, Politics, Revolving Door, SEC, Tim Geithner, UBS, Wells Fargo, Yahoo
