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Articles Written by: DENNIS K. BERMAN
An up-to-the-minute take on deals and deal makers.
The adjectives can’t get much worse. But that’s exactly what people in philanthropy are saying about the effects of Bernard L. Madoff’s demise on their world.
Madoff was a social and financial nexus ...
Charles Calomoris is angry. Hank Paulsons plan to save the economy? Truly idiotic, says Calomiris, who is the Henry Kaufman Professor of Financial Institutions at Columbia Universitys business school. This whole thing has been complete nonsense. We did ...
Amid all the noise of the markets, it is the relative silence of the corporate-bond market that may be most troubling.
Since August there have been just seven U.S. junk-bond deals, according to Dealogic, and 83 deals for all of 2008. Not only is that ...
Rhetoric only becomes principle when you are willing to sacrifice to keep it.
One day, say, you are lecturing about the beauties of the free market.
Take John Snow, former Treasury Secretary, who issued a statement in May 2003, about coming changes to ...
On Wall Street, everyone is a winner.
At least when it comes to the league tables followed by investment banks, law firms and yes, public-relations firms. These tables track who was involved in mergers and acquisitions, ranking them by the ...
Nine of them are retired. Four of them are over 75 years old. One is a theater producer, another a former Navy admiral. Only two have direct experience in the financial-services industry.
Meet the Lehman Brothers Holdings Inc. external board directors, ...
An up-to-the-minute take on deals and deal makers.
Media banker Michael Costa is decamping from Merrill Lynch, according to people familiar with the matter, the latest in a line of executive departures at the bank.
Costa, 50 years old, is one of ...
We present, without comment, excerpts of testimony from a House Judiciary Committee hearing on short selling. The main actors: New York Congressman Frank Oliver, and New York Stock Exchange President Richard Whitney. The date: Feb. 24, 1932.
Frank ...
All that patriotism stuff? The Missouri Senators, the Clydesdales, the flag-waving distributors?
Everyone and every board has its price. And based on reporting early this morning, Anheuser’s price is $70 a share, or about $50 billion in total from ...
An up-to-the-minute take on deals and deal makers.
2008, the year of capitulation.
It has been decades in the making. One need only look back at The Wall Street Journal of 1984, when a feature article on Cleveland’s troubles illustrated the broader ...
