As it meets in India, the board of Goldman Sachs (NYSE: GS) is apparently still considering whether the roles of chairman and CEO at the investment bank should be split. ... Read Full Story »
Morgan Stanley (NYSE: MS) has just released a "leadership transition" at the company. John Mack, known formerly as 'Mack the Knife," is stepping down as Morgan Stanley's Chairman and is ... Read Full Story »
The arrest of Dominique Strauss-Kahn, head of the IMF, on sexual assault and other serious crimes, immediately raised the question of how the organization would carry on. His able deputy, John ... Read Full Story »
Updated throughout the day. Chrysler is in conversations with banks to refinance its debt ahead of an IPO (Reuters) Regulators have sent a proposal to banks as part of a ... Read Full Story »
It does not seem to matter that the government and much of the public are outraged over Wall St pay. It also does not seem to matter that Goldman Sachs ... Read Full Story »
Larry Summers is gone now. His two years of duty as the head of the National Economic Council are over. He will return to Harvard, where he was once kicked ... Read Full Story »
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as ... Read Full Story »
Lloyd Blankfein of Goldman Sachs Group (NYSE: GS) is the most highly regarded CEO of any large financial services firm by his employees. That is the conclusion of the ... Read Full Story »
It is too easy to say that the average American expects law-breakers to go to prison or at least receive extreme punishment. Neither of those things happened in the SEC ... Read Full Story »