The Times of London wrote that Goldman Sachs (NYSE:GS) CEO Lloyd Blankfein would be paid $100 million for his work as the head of the bank during 2009. Goldman’s public relations staff denied…
Douglas A. McIntyre Reuters: Volcker will testify that banks should curb risky trading. Reuters: The US sees “no reason” to challenge the Toyota (NYSE:TM) plan to fix cars it has recalled for pedal trouble. Reuters: …
Updated throughout the day Lloyd Blankfein of Goldman Sachs (NYSE:GS) will get a $100 million bonus (Times of London) Morgan Stanley (NYSE::MS) will hire hundreds of traders over the next few years…
Updated throughout the day. Germany and France are putting together a rescue package for Greece (various) Obama may seek $55 billion to develop nuclear plants (Bloomberg) Toyota (NYSE:TM) has discovered a fix…
Treasury Secretary Timothy Geithner was cross-examined yesterday by the House Oversight and Government Reform committee. The lawmakers could not understand why AIG (AIG) got $182 billion in taxpayer bailout cash. They said that it…
Reuters: The Toyota (NYSE:TM) recalls grew to 8 million. Reuters: Citigroup (NYSE:C) is considering selling its real estate unit. Reuters: Wall St. will fight Obama’s plan for the banking system. Reuters: Obama…
Reuters: Obama will seek a three years domestic spending freeze aimed at cutting $250 billion from the deficit by 2020. Reuters: China tightened bank credit rules. Reuters: Chinese media criticized the US for “polticizing”…
Updated throughout the day. Apple (NASDAQ:AAPL) will announce the end to its exclusive AT&T (NYSE:T) deal later this week (various) Goldman Sachs (NYSE:GS) will limit the pay of its London partners to $1.6…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of the latest…
There may be merit in Obama’s notion of limits on the size and activities of banks. Banks that trade for their own accounts may be a different and more dangerous beasts than banks…
Douglas A. McIntyre Reuters: China battle back at US charges about cyber attacks. Reuters: Under the new Obama proposal, banks may drop private equity assets. Reuters: Hershey (NYSE:HSY) will not make a counter bid for Cadbury (NYSE:CBY) Reuters: Toyota…
Glassdoor keeps tabs on employee impressions of management and work conditions at major companies. The survey site has more than one million users who review over 70,000 firms. These companies represent all industries, 100% of…
Updated throughout the day. Goldman Sachs (NYSE:GS) will delay its bonus announcement for UK workers until next week. (Reuters). AMR (NYSE:AMR) will seek carrier partners in China if its proposed investment in JAL is turned down as expected. …
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
