Quantcast

Posts related to ‘MER’

R218533_855025

Cutting Wall St. Bonuses Doesn’t Work (MS)(MER)

Posted: December 9, 2008 at 6:19 am

John Thain of Merrill Lynch (MER) and John Mack of Morgan Stanley (MS) looked like men in hostage video tapes with guns held to their heads as they were forced ...
Read Full Story »
Newspaper

Media Digest 12/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 9, 2008 at 3:46 am

According to Reuters, The Tribune Company filed for Chapter 11.Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans.Reuters reports that ...
Read Full Story »
Merrill_3

Merrill Lynch (MER) CEO Will Seek No Bonus, Perhaps Board Will Reward Him Anyway

Posted: December 8, 2008 at 4:56 pm

After it was reported that Merrill Lynch (MER) CEO John Thain was after a $10 million bonus he was viciously attacked by everyone from the media to NYS Attorney General ...
Read Full Story »
Merrill

Merrill Lynch’s (MER) Thain: The Only Man On Wall St. Who Earned His Pay

Posted: December 8, 2008 at 5:35 am

The board of Merrill Lynch (MER) is fighting with CEO John Thain over whether he should get a bonus. The board will probably win. It is the board. And, since ...
Read Full Story »
Newspaper

Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 5, 2008 at 3:47 am

According to Reuters, car company executives went before Congress and pleaded for billions of dollars.Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says ...
Read Full Story »
Newspaper

Media Digest 12/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: December 2, 2008 at 3:51 am

According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost 20,000 jobs.Reuters reports that Boeing (BA) will sign a new ...
Read Full Story »
Newspaper

Media Digest 11/27/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 27, 2008 at 6:26 am

According to Reuters, markets in Asia and Europe ross about 2%Reuters reports that the downturn in the Chinese economy deepened.Reuters reports that BHP Billiton (BHP) was gloomy about its prospects ...
Read Full Story »
Cammonopoly_wideweb__430x3250

Why Banks Lie: Because They Don’t Have An Answer (C)(BAC)(WFC)(JPM)(MS)(GS)(MER)

Posted: November 25, 2008 at 6:11 am

It was just this last summer that the heads of Merrill Lynch (MER), Lehman, and Morgan Stanley (MS) said the financial crisis had peaked and its energy was dissipating. It ...
Read Full Story »
Data

Citigroup (C): Vikram Pandit’s Grand Strategy Of Cutting People

Posted: November 14, 2008 at 5:32 am

Perhaps it is a remarkable failure of imagination or just animal panic. A day after Citigroup (C) hit a multi-year low and spent time below $10, CEO Vikram Pandit's answer ...
Read Full Story »
Newspaper

Media Digest 11/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 14, 2008 at 4:03 am

According to Reuters, concerns about the global economy are growing as the G20 nations are meeting.Reuters says that Congress challenged banks on how they would use bailout funds.Reuters reports that ...
Read Full Story »
Data

Citigroup (C): Firing Vikram Pandit

Posted: November 13, 2008 at 10:47 am

Citigroup's (C) CEO Vikram Pandit has cemented his reputation as the worst CEO of the new breed of men who replaced the remarkably careless and callous executives who ran Citi, ...
Read Full Story »
Cammonopoly_wideweb__430x3250

Goldman Sachs (GS) Tells Wall St. To Mind Its Own Business

Posted: November 12, 2008 at 5:44 am

Rumors that Goldman Sachs (GS) will have to raise more money have helped push its stock from $123 less than a month ago to $71 yesterday.Wall St. wants to believe ...
Read Full Story »
Newspaper

Media Digest 11/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 12, 2008 at 3:59 am

According to Reuters, Chrysler is running out of time and options for staying in business.Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund.Reuters writes ...
Read Full Story »
Merrill

Merrill Lynch (MER) CEO Slips Blame By Calling Current Environment Similar To Depression

Posted: November 11, 2008 at 12:26 pm

John Thain of Merrill Lynch (MER) spent most of his time at the financial firm saying that the markets would improve as would the fortunes of his company. He was ...
Read Full Story »
Data

Is Citigroup (C) The Exception Or The Rule?

Posted: October 21, 2008 at 9:44 am

Goldman Sachs repeated its opinion that Citigroup (C) is a "sell" and probably would not make a cent until late in 2009. Goldman claims that credit markets are too tough ...
Read Full Story »