« Previous  |  Next »

Treasury Rejects Sale of Tax Credits to Goldman

Update | 8:23 p.m. The Obama administration on Friday evening rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers, The New York Times’s Edmund ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Fannie Mae,  Goldman Sachs,  Barack Obama,  New York Times Company,  Edmund L. Andrews

EBay Settles Suit Over Skype Sale

EBay has formally settled the litigation around its sale of the Skype online calling service, The New York Times’s Brad Stone reports. The founders of Skype, Niklas Zennstrom and Janus Friis, will drop their lawsuits against the company and a ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Skype,  eBay Inc.,  New York Times Company,  Niklas Zennstrom,  Janus Friis

Choice for Bear Trial Jury: Two Clashing Stories

When the noted litigator Brendan Sullivan represented former Senator Ted Stevens of Alaska in his public corruption trial last year, Mr. Sullivan told the jury that when prosecutors “look at life through a dirty glass, then the whole world looks dirty.” ...

From DEALBOOK, The New York Times,  6 Nov 2009

Related Topics: Ted Stevens,  Ralph Cioffi,  Henry T. Nicholas III,  Broadcom,  Matthew Tannin

Madoff Trustee Drops $279 Million Merkin Claim

The trustee liquidating Bernard L. Madoff’s investment firm has dropped a $279 million claim against the New York financier J. Ezra Merkin’s Ariel and Gabriel hedge funds, which invested one-fourth of their money with the now-convicted swindler. The ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Bernard Madoff,  Irving H Picard,  Bloomberg News

Like Son, Like Father at JPMorgan Chase

Jamie Dimon, chief executive of JPMorgan Chase, no longer has to look very far for parental advice. His father is joining the bank’s securities business. Mr. Dimon’s father, Theodore Dimon, quit Bank of America’s Merrill Lynch unit on Friday to head ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: J.P. Morgan Chase & Co.,  Jamie Dimon,  Bank of America,  Merrill Lynch,  Bloomberg News

'I'm Sorry' That Citigroup Exists, Ex-Chief Says

John S. Reed, who helped engineer the merger that created Citigroup more than a decade ago, is apologizing for his role in creating a bank that required a $45 billion government bailout. “I’m sorry,” Mr. Reed told Bloomberg News in an interview. “These ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Citigroup,  John S. Reed,  Bloomberg News,  Sanford I. Weill

Choice for Bear Trial Jury: 2 Clashing Stories

When the noted litigator Brendan Sullivan represented former Senator Ted Stevens of Alaska in his public corruption trial last year, Mr. Sullivan told the jury that when prosecutors “look at life through a dirty glass, then the whole world looks dirty.” ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Ted Stevens,  Ralph Cioffi,  Henry T. Nicholas III,  Broadcom,  Matthew Tannin

Blackstone Reports $275 Million 3rd-Quarter Profit

The Blackstone Group on Friday reported a $275 million profit for the third quarter, as the giant publicly held private equity firm bounced back from the depths of the financial crisis last year. Blackstone’s profit, which is after taxes and excludes ...

From DEALBOOK, The New York Times,  6 Nov 2009

Related Topics: The Blackstone Group|BX|NYSE,  TPG, N.V.,  IMS Health,  InBev,  Stephen A Schwarzman

Mittal Daughter-in-Law to Buy Bankrupt Escada

The daughter in law of Lakshmi Mittal, the billionaire steel magnate, has agreed to buy the fashion label Escada months after the company filed for bankruptcy. Megha Mittal, 33, paid an undisclosed price for the German fashion company, beating the M1 ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Lakshmi Mittal,  New York Post

S.E.C. Appoints Hedge Fund Veteran as Adviser

Mr. Bookstaber, a former risk manager at banks like Salomon Brothers and Morgan Stanley and hedge funds like Ziff Brothers International and Moore Capital Management, is one of three new advisers to help the S.E.C. identify risks and trends in the ...

From DEALBOOK, Dealbook,  6 Nov 2009

Related Topics: Morgan Stanley

« Previous  |  Next »

Who is This?

Help us add to our database, by linking this writer their entry in Wikipedia or Source Watch, or by suggesting that we remove it from our index.

Suggest an Entry