Goldman Sachs (NYSE:GS) has started to meet with its largest shareholders to defend the millions, and in some cases tens of millions, that it pays its management and star bankers. The Wall…
Douglas A. McIntyre Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered…
Many, or most, major banks do not have enough capital to comfortably maintain their current ratings. Standard & Poor’s has a report out saying that the banks are underfunded despite capital raised…
The speculation over the fate of Treasury Secretary Tim Geithner and Fed chief Ben Bernanke has grown as Congress has become more troubled by rising federal deficits and unemployment. The $787 billion stimulus…
Reuters: The dollar may keep rising as investors close out bets on oil and the currency. Reuters: Black Friday deals may not signal a retail comeback. Reuters: Kraft (NYSE:KFT) is weighing a…
Updated throughout the day. GE (NYSE:GE) and Vivendi are at odds over the NBCU valuation (FT) IBM (NYSE:IBM) is taking advantage of the delay in the Sun (NASDAQ:JAVA) deal to be bought by Oracle…
A number of large Goldman Sachs (NYSE:GS) shareholders would like to see the firm’s profits in their pockets and not in the bank accounts of the Goldman partners. The Wall Street Journal…
Reuters: The Senate is near its first vote on healthcare. Reuters: Dell (NASDAQ:DELL) is betting on corporate spending for its recovery. Reuters: Time Warner’s (NYSE:TWX) AOL showed that the worst is not…
This was an important week for investment guru and billionaire watchers to see which gurus were holding which stocks. The full public equity holdings of Warren Buffett via Berkshire Hathaway Inc. (NYSE:…
Updated throughout the day. Update 12.50 PM EST: Boeing (NYSE:BA) could lose a $7.5 billion order for fighter planes to Brazil if the US Senate does not confirm Obama’s nominee to be…
U.S. Treasury Secretary Timothy Geithner spoke this morning and has effectively called for banks which have received government bail-out funds to boost their lending activities. Geithner noted that a lack of lending…
Douglas A. McIntyre Reuters: Thain regrets nothing he did at Merrill Lynch and during its merger with Bank of America (NYSE:BAC). Reuters: Trump put his support to the bondholders of his casino business. FT: A…
Yesterday Soros Fund Management Filed a 13-F outlining the fund’s long portfolio as of September 30th, 2009. The total value of the holdings reported in the filing is $6,198,089. Twenty holdings represented…
There are two sides to every story, and sometimes three, four or five. An audit by the Special Inspector General for the Troubled Asset Relief Program claims that the Federal Reserve Bank…
Updated throughout the day. Updated 12.43 PM EST: Apple may hire its own video game developers to create iPhone and iPod products (Apple Insider) Updated 11.57 AM EST: Devon Energy (NYSE:DVN) may…