Reuters: A new panel to address the budget deficit will start work. Reuters: A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.” Reuters: The euro slipped…
Updated throughout the day. The US is planning to sell its stake in American International Group, Inc (NYSE: AIG) (NYPost) “Goldman Sachs was both an underwriter and an investor in Lloyds Banking Group’s…
Reuters: The push for a stronger yuan has been modest at the G20 meetings. Reuters: A Goldman Sachs Group (NYSE: GS) Director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a $5 billion…
Imagine the government and taxpayers finally being out of AIG… Who doesn’t love to hate AIG? The financial crisis and the bailouts might have been much different had American International Group, Inc.…
We have some big movers this morning, mostly on earnings news. We have provided the basics for each here with a link to more detail at VSInvestor.com where applicable on each: Apple…
Regulators in the US and Europe are still sifting through a variety of programs that would create a tariff on large banks to create a pool of money that could be used…
Reuters: Daimler kept its earnings and dividend outlook for 2010. Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in…
Reuters: The Chinese president told Obama that the nation will make its own decision on the yuan. Reuters: Growth and cheap phones were key to Q1 industry growth. Reuters: Twitter will start…
Reuters: The Fed once again pledged low interest rates. Reuters: If the yuan rises, the euro may be badly hurt. Reuters: Soda companies are hurt by the economy according to AlixPartners. Reuters: …
Reuters: US Census hiring will life payrolls. Reuters: The US will impose new airport security measures. Reuters: The head of China will visit the US and the issue of the yuan may…
Ireland decided to create the national “bad bank” after the credit crisis, a move the US government considered but rejected. The fate of that decision has come to haunt the small nation,…
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
The International Brotherhood of Electric Workers, a shareholder in Goldman Sachs (GS), filed a lawsuit in Delaware which accuses the investment bank of overpaying its management and bankers. The union wants Goldman…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
Lehman’s bankruptcy is believed to be the largest in US history. Now, Bloomberg has reported that a new regulatory filing revealed that various consulting and legal firms and other lucky advisors that became part…
