Reuters:Â Â Chinese investors are holding a large amount of gold. Reuters:Â Â Bernanke sees tighter policies as the economy improves. Reuters:Â Â The Congressional Oversight Panel says that the US plan to help homeowners…
There have been many ways which companies exit bankruptcy court. Historically, many companies have used tax loss carryforward strategies as well. But selling a claim against assets for recovery in bankruptcy is…
Reuters:Â Â GM says most of its cost cutting is done and its sales chief left. Reuters:Â Â Spot gold hit a record above $1,050. Reuters:Â Â The Senate healthcare bill weighs in at $829…
Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
Reuters:  Wealth management firms are starting to target the not-so wealthy. Reuters:  Gold’s record price drew a muted response. Reuters:  Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and Palm (NASDAQ:PALM) are heating up the smartphone…
Bank of America (NYSE:BAC) sent a letter to one of its harshest critics, Senator Christopher Dodd, head of the Senate Banking Committee, saying that it will not raise the rates that it…
Douglas A. McIntyre Updates throughout the day. Update 2.40 PM EST:Â Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and…
SEC regulations for public companies say that compensation committees for the boards at public companies recommend pay for senior managers and those recommendations are then given to the entire board of directors…
There has been a great deal of risk that Bank of America’s (NYSE:BAC) Ken Lewis would leave as the firm’s CEO. He was replaced as the company’s chairman. He has been part…
Douglas A. McIntyre Reuters:Â Â A bear market could kill the extraordinary rally in corporate bonds. Reuters:Â Â Treasury will announce three more funds are buying toxic assets. Reuters:Â Â Bank of America (BAC) will select an emergency…
Updates throughout the day. Update: Jeff Bewkes, CEO of Time-Warner (TWX)Â who says “Time, Inc. is not for sale.” (Atlantic First Draft of American History Conference) Update:Â Â John Paulson and Angelo Gordon may…
When Ken Lewis finally leaves Bank of America (BAC) he will get a $125 million goodbye from the financial firm, unless the federal government’s pay czar decides to challenge the package. Most…
Douglas A. McIntyre Reuters:Â Â The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters:Â Â US car sales plunged in September with Ford (F) up and GM…
Updated throughout the day. Update: RADVision (RVSN) is trading down over 33% on rumors that the Cisco (CSCO) buyout of Tandberg will cost it nearly 40% of its revenue. (Morgan Keegan) Update: Friday’s…
Reuters:  Ken Lewis will step down as CEO of Bank of America (BAC) Reuters:  Cisco (CSCO) bought Tandbeg  for $3 billion. Reuters:  The IMF raised forecasts for US GDP but warned on…
