A CME executive appears to have found a smoking gun that links formers MF Global CEO Jon Corzine to money transfered from the company to Europe. Corzine is a former head of…
Douglas A. McIntyre Goldman Sachs Group Inc. (NYSE: GS) canceled recruiting visits to Harvard and Brown Universities last week following an incident in late November in which protesters tried to get into a recruiting session…
People who were asked which is more of a threat to the U.S. — big business or big government — picked big government by a more than two-to-one margin. Consider it a sign…
Former US Senator, former Governor of New Jersey, former CEO of Goldman Sachs Group Inc. (NYSE: GE), and former CEO of MF Global, Jon Corzine will testify in front of the US…
Paul Ausick A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in the region.…
Bankrate, Inc. (NYSE: RATE) is actually holding up better than many secondary offering and post-IPO investors might have considered today. The company announced after the close on Friday that its underwriters agreed…
The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters) American Airlines parent AMR (NYSE: AMR) files for Chapter 11. (Reuters) S&P cuts its ratings on…
Goldman Sachs (NYSE: GS) has decided it will make more money providing capital for new hedge funds than putting money into its own. The new strategy has caused a rapidly rising set…
Douglas A. McIntyre Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at…
The Thanksgiving/Black Friday weekend yielded much better retail figures that expected. This signals that retail sales could return to the robust level of the mid-2000s, before the recession began. That, in turn,…
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…
China’s factory activity reaches a 32-month low. (Reuters) Merck (NYSE: MRK) pays $950 million to settle Vioxx charges brought by the government. (Reuters) FCC head wants more examination of the AT&T (NYSE:…
Fitch is warning that U.S. banks could be adversely affected unless the Eurozone debt crisis “is resolved in a timely and orderly manner.” The mention is a warning that the credit outlook…
The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti will discuss…
E*TRADE Financial Corporation (NASDAQ: ETFC) was one we had on the calendar because this was the day that it was due to meet with its Goldman Sachs (NYSE: GS) as its financial…
