« Previous  |  Next »

Revisiting a Fed Waltz With A.I.G.

A ray of sunlight broke through the Washington fog last week when Neil M. Barofsky (pictured), special inspector general for the Troubled Asset Relief Program, published his office’s report on the government bailout last year of the American ...

From MICHAEL J. DE LA MERCED, Dealbook,  23 Nov 2009

Related Topics: Goldman Sachs,  New York Times Company,  Merrill Lynch,  Bloomberg News,  Federal Reserve

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 MICHAEL J. DE LA MERCED AND ANDREW ROSS SORKIN, The New York Times,  22 Nov 2009

Related Topics: University of Pennsylvania,  Kraft Foods Inc.,  J.P. Morgan Chase & Co.,  Merrill Lynch,  Bank of America

Hershey Considers a Counterbid for Cadbury

Hershey is considering bidding for Cadbury, a proposal that would top the $16.7 billion hostile bid from Kraft, people briefed on the matter told DealBook on Friday. Any Hershey offer would likely be at least $17 billion, these people said. The ...

From MICHAEL J. DE LA MERCED AND ANDREW ROSS SORKIN, Dealbook,  20 Nov 2009

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

K.K.R. Posts First Profit as a Public Company

Kohlberg Kravis Roberts began life as a publicly traded company by reporting a $656.6 million profit for its third quarter, a sharp turnaround from a $465.6 million loss one year ago. The report is the first from K.K.R. since the $54.8 billion firm ...

From MICHAEL J. DE LA MERCED, Dealbook,  19 Nov 2009

Related Topics: New York Stock Exchange,  Henry R. Kravis,  Northrop Grumman Corp

Goldman Promotes 272 to Managing Director

Goldman Sachs on Thursday named 272 executives who will become managing directors next year, rising to the second-highest ranking within the firm and entitling them to a bigger share of its profits, according to an internal memorandum obtained by ...

From MICHAEL J. DE LA MERCED, Dealbook,  19 Nov 2009

Related Topics: Goldman Sachs,  Lloyd C. Blankfein,  Bloomberg News

New Leader at Lazard Is an Insider

For much of the modern era, Lazard was known for the internal strife that at times threatened to wreck the now 161-year-old investment bank. Few issues were more contentious than the firm’s leadership. Kenneth M. Jacobs, 51, has been appointed chairman ...

From MICHAEL J. DE LA MERCED, The New York Times,  17 Nov 2009

Related Topics: Lazard LTD.,  Bruce Wasserstein,  Steven Rattner,  Goldman Sachs,  GlaxoSmithKline Inc

Hershey and Ferrero Hold Talks Over Potential Cadbury Bid

Hershey and the Italian chocolate maker Ferrero have held talks over a potential bid for Cadbury that would rival Kraft’s $16.7 billion hostile offer, a person briefed on the matter told DealBook on Tuesday. But while Hershey and Ferrero, which makes ...

From ANDREW ROSS SORKIN AND MICHAEL J. DE LA MERCED, The New York Times,  17 Nov 2009

Lehman’s Estate Is Suing Barclays Over Unit’s Sale

Lehman Brothers’ bankrupt estate filed a lawsuit against Barclays Capital on Monday, saying Barclays improperly pocketed more than $5 billion when it bought most of Lehman’s North American operations last year. The lawsuit by the Lehman estate, which ...

From MICHAEL J. DE LA MERCED, The New York Times,  16 Nov 2009

Lehman Estate Sues Barclays Over 2008 Deal

Lehman Brothers’ bankrupt estate filed a lawsuit against Barclays Capital on Monday, saying Barclays improperly pocketed more than $5 billion when it bought most of Lehman’s North American operations last year. (Read it after the jump.) The lawsuit by ...

From MICHAEL J. DE LA MERCED, Dealbook,  16 Nov 2009

New GMAC Chief: We Need Less Aid Than Expected

“I’m not unfamiliar with complex turnaround situations,” Mr. Carpenter, 62, told DealBook in an interview on Monday. He may have been a little understated, since his experience includes work at Kidder Peabody and Travelers life insurance. Now he is ...

From MICHAEL J. DE LA MERCED, Dealbook,  16 Nov 2009

Related Topics: United States Department of the Treasury,  Citigroup,  General Motors,  Chrysler,  Barack Obama

« 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