Esteemed banking analyst Meredith Whitney just gave a CNBC interview a year after starting that she was starting Meredith Whitney Advisory Group. She is still very cautious on the banking sector and…
It is easier said than done. The US government wants to oversee the bank system in a way that would check for the kind of systemic problems that froze the credit markets…
“Ashes to ashes , dust to dust”…The Book of Common Prayer “Remember Caesar, thou art mortal” — William Shakespeare The media creates and distributes hundreds of lists of the most powerful, the richest, and …
Barclays (BCS) made $18 billion in the fourth quarter, which by any measure is stunning turnaround considering the problems the big bank had, and shared with most other multinational financial firms just…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Companies seemed to prefer share buybacks in 2007 and 2008, and maybe part of 2009. Why not, if the stock is cheap? But then 2009 came and many companies were derailed by…
Over what we saw during the recession, 2009 was the year that dividends were cut down to effect cash conservation to get through the recession. In fact, the dividend cuts may have…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Everyone wants to know about Goldman Sachs Group (NYSE: GS) and how much it is going to pay CEO and Chairman Lloyd Blankfein, following a $100 million bonus being paid to what Main Street…
Updated throughout the day. Toyota (TM) will recall the Prius in Japan (Reuters) JPMorgan (JPM) chief Jamie Dimon will be paid $15 million to $20 million in 2009 compensation (FT) Barclays (BCS) will bail…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are…
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is about to price a very large debt offering. With as many European nations as we are seeing having debt downgrades or credit concerns on…
The federal government forever has the habit of reinventing the wheel when a perfectly good wheel is already available. Paul Volcker and his allies on Capitol Hill would like banks that take deposits…
The recent trading days have been more than interesting in the market and in the financial sector. The big change came right at the same time that the banks looked poised for…
Reuters: Congress will probe the Toyota (NYSE:TM) recalls. Reuters: Samsung said chip and TV demand is strengthening. Reuters: Some AIG (NYSE:AIG) employees are open to cuts in retention pay.
