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Dimon Seen as Successor to Geithner, Report Says

Mr. Dimon “would love to serve his country,” the newspaper quoted people familiar with his thinking as saying. However, The Post added that Mr. Dimon has downplayed talk of his taking the post currently occupied by Mr. Geithner, who the banking chief ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: U.S. Congress,  Federal Reserve

Goldman's Response to Questions About A.I.G.

This memo from a Goldman Sachs spokesman, Lucas van Praag, was sent to Gretchen Morgenson, a business columnist for The New York Times, in response to questions she asked about the report issued Nov. 17 by the special inspector general for the Troubled ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: Goldman Sachs,  Federal Reserve,  New York Times Company,  Timothy F. Geithner,  Lloyd Blankfein

Princess Prevails in Wrangle Over Pincus Duplex

After years of legal wrangling, Princess Firyal of Jordan has gained control of the huge duplex apartment owned by the late Lionel Pincus, the financier, on the 30th and 31st floors of the Pierre Hotel, facing Central Park at East 61st Street, The New ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: Lionel Pincus,  New York Times Company,  Warburg Pincus

Rio to Pocket $741 Million from Cloud Peak I.P.O.

Rio Tinto, the global miner, expects to receive at least $741 million from the flotation of its U.S. coal-mining unit, Cloud Peak Energy, on the New York Stock Exchange, Rio said Monday. Rio Tinto retains a 48.3 percent stake in Cloud Peak. ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: Rio Tinto Plc,  New York Stock Exchange

LLoyds Sees 'Strong' Demand in Bond Exchange

Lloyds Banking Group said it had agreed to swap £8.78 billion of bonds as part of a deal aimed at funding its exit from a costly state-backed insurance scheme for bad debts. Lloyds, Britain’s third-biggest lender, received offers for 12.51 billion ...

From DEALBOOK, Dealbook,  23 Nov 2009

Go Ahead and Yell. He's Everyone's Punching Bag.

Norman J. Radow brings out the worst in some people. They scream at him. They sue him. He has even been punched in the face. What has he done to deserve this? As founder of Radco Development Solutions, Mr. Radow is on the firing line in the continuing ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: New York Times Company

Some Rivals Weigh Bids for Cadbury

The contest for Cadbury could become a little more crowded. While Kraft Foods’ $16.7 billion offer for Cadbury is the only official bid on the table, other snack companies are weighing their next steps. Hershey is considering making an offer of at ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: University of Pennsylvania,  Kraft Foods Inc.,  New York Times Company,  Andrew Ross Sorkin,  J.P. Morgan Chase & Co.

Execs Kept Wealth as Banks Failed, Study Says

Bear Stearns and Lehman Brothers paid their executives largely in stock, and that stock lost most or all of its value when those companies collapsed. Many people on Wall Street say these examples help make the case that pay incentives were not what ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: Harvard University,  New York Times Company,  United States Department of the Treasury,  Ohio State University,  Citigroup

AOL Revamps Its Logo, Hoping to Revive Brand

AOL is taking a cue from Boy George, hoping to improve its karma by becoming a chameleon. A new brand identity to be adopted by AOL next month, when it is spun off from Time Warner, ditches the odd-looking triangle that has long served as the brand ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: America Online,  Wolff Olins,  Boy George,  Time Warner Inc.,  New York Times Company

Executives Will Testify in Airbus Inquiry

One of highest-profile insider-trading inquiries in Europe in recent years will enter its final phase Monday as more than a dozen current and former executives of the aerospace group European Aeronautics Defense & Space and its Airbus subsidiary ...

From DEALBOOK, Dealbook,  23 Nov 2009

Related Topics: Airbus,  Daimler,  New York Times Company,  George Soros

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