29 min ago | Bloomberg
Morgan Stanley Hands Over Crescent to Barclays to Win Forgiveness of Loan
Morgan Stanley agreed to hand over a real-estate business acquired in 2007 to Barclays Capital, ending the New York firma s obligation on a $2 billion loan after taking almost $1 billion in losses.
4 hrs ago | ClipSyndicate
Larry Kantor Sees `Significant' Job Growth in Early 2010: Video
Nov. 18 -- Larry Kantor, head of research at Barclays Capital Inc., talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the outlook for job growth in the U.S. Kantor, speaking from London, also discusses the prospects for a double-dip recession, productiviand the impact of China's growth on the U.S.
9 hrs ago | Gouverneur Times
Goldman Sachs to take out garbage at Thanksgiving
The number of meals is 10 times as many as last year and come at a time when more and more Americans are struggling to put food on the table.
13 hrs ago | Telegraph.co.uk
Lehman claims may total up to 1 trilllion
The number of claims against collapsed Lehman Brothers could top $1 trillion , according to the man running the investment bank's liquidation.
17 hrs ago | WTVF Nashville
Top employers for global business undergrads
In the global war for talent, the likely winners are U.S.-based global companies that offer border-crossing career opportunities and appeal to the wanderlust of a new generation.
Goldman's $500 million is late, short
So now we know the value Goldman Sachs Group Inc. places on salving its conscience for screwing up what Chief Executive Lloyd Blankfein called ''God's work.'' It seems that $500 million is all it takes to compensate the world for Goldman's role in creating the credit crunch.
Under attack, Geithner defendscostly AIG bailout
Timothy Geithner, U.S. treasury secretary, testifies at a joint Economic Committee hearing on financial regulatory overhaul in Washington, D.C., U.S., on Thursday, Nov.
Morgan's Mack Welcomes Tighter Regulation From Fed: Video
Nov. 19 -- Morgan Stanley Chief Executive Officer John Mack, speaking yesterday at the "Covering the Crisis" panel hosted by Bloomberg News and Vanity Fair in New York, says he appreciates the increased regulation from the Federal Reserve that's come after converting to a bank holding company in the midst of the financial crisis.
Microvision Announces Proposed Public Offering of Common Stock
Microvision , Inc. , a global leader in light scanning technologies, today announced that it intends to offer to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering.
JP Morgan takes full control of Cazenove
US investment bank JP Morgan Chase today announced a deal to take full control of Cazenove, a 190-year-old London stockbroker with Britain's Queen Elizabeth II among its clients.
Ghost Towns in China Prove GDP is a Farce
This is a guest post written by Wall St. Cheat Sheet Editor-in-Chief Damien Hoffman .
Rep. DeFazio: Fire "Timmy" Geithner
Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday for pursuing a recovery plan skewed too heavily towards Wall Street's favor.
Oil extends rise above $79 in Asia after big US crude inventory drop
Oil prices extended gains above US$79 a barrel Wednesday in Asia after an unexpected drop in U.S. crude supplies suggested demand could be improving.
Levitt Calls Blankfein Apology `Honest, Forthright': Video
Nov. 18 -- Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Erik Schatzker about Goldman Sachs Group Inc.
Citi raises salaries for CFO, global markets head
In this Feb. 11, 2009 file photo, Citigroup Chief Executive Officer Vikram Pandit , right, accompanied by Morgan Stanley Chairman and Chief Executive Officer John Mack , testifies on Capitol Hill in Washington.
MUFG, Morgan Stanley may delay Japan brokerage merger
Japan's largest bank will make the announcement along with its earnings for the first half of this fiscal year later today.
Next time, do it with feeling. Photo: Getty Images If you ask us, and we suppose you did because here you are, short of "things going back to the way they were," all the American people really want from Goldman Sachs is an apology for its role in the financial crisis.
Wall St. job losses looking smaller than feared
State comptroller says the recession's damage will tally some 35,000 securities jobs, considerably fewer than budget officials' previous estimate of 47,000. Sky-high profits at New York's largest investment firms mean the securities industry will likely shed about 25% fewer jobs in New York City than expected, a report by the state comptroller said ...
Goldman, Buffett Start $500 Million Program to Aid Small U.S. Businesses
Goldman Sachs Group Inc. , under fire in Washington for setting aside billions of dollars for bonuses a year after getting a taxpayer bailout, said ita s teaming up with Warren Buffett to provide assistance to 10,000 small businesses in the U.S. The $500 million charitable effort coincides with one of the Obama administrationa s top economic ...
Ex-Goldman Sachs Programmer Sergey Aleynikov May Avoid Jail
The criminal prosecution of Sergey Aleynikov, the former Goldman Sachs Group Inc programer charged this past summer with stealing some of the computer code for the firm's high-frequency trading program, appears headed to a rather anti-climatic conclusion.
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