“We think that the American taxpayer will be fully repaid” under the company’s plan”—Ed Liddy, AIG CEO, May 13, 2009 “At the end of the day, we believe we will be able…
Reuters: Obama pushed his economic message before the G20 summit Reuters: A Senate panel took up healthcare legislation. Reuters: Bank of America (BAC) missed a deadline for supplying information from Congress and…
Representative Edolphus Town, chairman of the House Committee on Oversight and Government Reform, has told Bank of America (BAC) that it cannot use attorney-client privilege when dealing with Congress. It is a…
Douglas A. McIntyre John Thain, former CEO of Merrill Lynch, says that Bank of America (BAC) misled investors about the timing and the amount of compensation given to Merrill’s employees. Thain put his accusation in…
Douglas A. McIntyre Reuters: The competition to dominate the green car market is increasing. Reuters: Obama will pressure the G20 on Wall St. reform. Reuters: Oracle (ORCL) earnings missed targets. Reuters: Opel’s sales shows power…
Reuters: Obama’s move on trade with China makes good on a promise to labor. Reuters: Uninsured Americans hope healthcare reform will bring them coverage. Reuters: Adobe (ADBE) will buy Omniture for $1.8…
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America (BAC) over the issue of the financial firm making inaccurate…
Douglas A. McIntyre Reuters: China say data show the US tire tariffs are unfair. Reuters: A Fed policy debate has begun now that the recession is over. Reuters: The world’s wealth is down 11% and…
Federal District Judge Jed S. Rakoff was supposed to a approve a $33 million settlement between the SEC and Bank of America over the issue of the financial firm making inaccurate statements…
Douglas A. McIntyre Reuters: Obama is trying to push Wall St. reform. Reuters: German aid for Opel will go in part to Russia for operations there. Reuters: A global poll shows support for stimulus packages.…
Reuters: International bank regulators are looking at Brazil as a model. Reuters: John Mack will step down at Morgan Stanley’s (MS) CEO. Reuters: The SEC vowed reforms after its report on Madoff revealed mistakes.…
Reuters: GM has made its decision on Opel and will announce it today. Reuters: Foreign car makers are having trouble with the affluent market in China Reuters: Steve Jobs made a presentation at…
The Bank of America (BAC) deal with the SEC to settle charges that it mislead investors about Merrill Lynch bonus payments in it proxy to approve the Merrill buyout is already being…
Douglas A. McIntyre Reuters: First Solar (FSLR) plans a huge solar field in China. Reuters: Kraft (KFT) plans to cut its supplier base to save costs. Reuters: Cuomo may charge Bank of America (BAC) over…
Now that we are out of the woods in the crash scenario, assuming this week is no ill omen, investors may want to know which of the big companies would start to…