Your Search Returned 54 tagged news reports
The top shareholders at Goldman Sachs are getting restive, it is reported – and not before time. While the great vampire squid has been trumpeting the modest and self-interested donations it is making to charity in an attempt to pay reparations for the...
Tags: Goldman Sachs Group Inc, New York City, Management, Finance, Goldman Sachs, Executive compensation, Ownership equity, Stock market, Primary dealers, Investment banks, Business Finance, economics, Bear Stearns, Investment banking, Merrill Lynch, Financial crises, Rockefeller Center, YES Network, Refco, Corporate governance, Morgan Stanley, UBS AG
Earlier this week, the inspector-general for the Troubled Asset Relief Program, aka, the bank bailout fund, released his report on the 2008 rescue of the American International Group, the insurer. The gist of the report is that government officials made...
Tags: New York City, Subprime mortgage crisis, Troubled Asset Relief Program, Bailout, Bear Stearns, Long-Term Capital Management, Business Finance, Hedge funds, American International Group, Financial crises, Timothy Geithner, Answers in Genesis, AIG bonus payments controversy, Politics, Banking in the United States, United States Department of the Treasury
And the Federal Reserve Bank guaranteed up to "$30 billion of losses from Bear's worst assets to make the deal palatable" to JP Morgan...The Democrats regarded the bailout as the consequence of years of deregulation under the Republicans. For the Republicans,...
Tags: Merrill, Lehman, wall street, Goldman Sachs, Hank Paulson, US Treasury, New York City, Subprime mortgage crisis, economics, Henry Paulson, Bear Stearns, Troubled Asset Relief Program, Primary dealers, Financial crises, Business Finance
A stand-alone bill may now be in the offing.
Tags: financial frauds, financial crimes, frauds task, wall street, corporate frauds, Barack Obama, justice departments, George W. Bush, attorney general, gift cards, Germany, Tarp, Bear Stearns, JPMorgan Chase, Corporate Fraud Task Force, Bernard Madoff, U.S. Securities and Exchange Commission, Politics, Corporate crime, Fraud, economics, Business Finance, Law Crime, Corruption, Securities, Securities fraud, Mortgage fraud, Deception, Financial services, United States Department of the Treasury, Bailout, Emergency Economic Stabilization Act, Timothy Geithner, Erik Paulsen, Troubled Asset Relief Program, Banking in the United States
The swift acquittal of two Bear Stearns executives in the government’s criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts...
Tags: Bear Stearns, stearns cases, criminal cases, stearns executives, United Kingdom, Ashington, Financial economics, Interest rates, Securities fraud, Financial crisis, Fraud, Financial crises, JPMorgan Chase, Law Crime, Business Finance
Bruce Cartwright, partner at PricewaterhouseCoopers in Scotland, said: "We are seeing a cooling passion for plastic with only 10 per cent of Scots indicating they intend to take more credit." Home comforts THE Scottish housing market is starting to recover...
Tags: meet debts, New York City, With-profits policy, Short, Bear Stearns, Financial services, Investment, PricewaterhouseCoopers, Business Finance
organ Chase & Co quarterly profit rocketed to a much-higher-than-expected $3.6 billion as bond trading revenue surged, boosting optimism about a rebound in top Wall Street banks. The results cement JPMorgan’s position as one of the few banks that has...
Tags: credit card, investment banks, Washington Mutual Inc, card businesses, New York City, JPMorgan Chase, House of Morgan, Washington Mutual, Goldman Sachs, Bear Stearns, Primary dealers, Dow Jones Industrial Average, Business Finance
The acquittals of two Bear Stearns Cos. hedge-fund managers in a test trial for prosecutions linked to the subprime crisis echo a long line of high-profile financial cases that blew up in the government's face. A federal jury in Brooklyn, N.Y., Nov. 10...
Tags: Bear Stearns Cos., Manhattan, Bear Stearns, JPMorgan Chase, Hedge fund, Securities fraud, Subprime lending, Financial services, Financial economics, Interest rates, Law Crime, Business Finance, Corporate crime, Corporate scandals, Corruption, Don Siegelman, Kenneth Lay, Enron, Fraud, Richard M. Scrushy
One of the first notes the jury sent to Judge Frederic Block , who is presiding over the case at federal court in Brooklyn, asked for a further explanation of a legal term, “venue” — a sign that jurors may have doubts that a conspiracy alleged in one...
Tags: Bear Stearns, Ralph Cioffi, Matthew Tannin, hedge fund, fund managers, Brooklyn
The two men, Ralph Cioffi and Matthew Tannin, acted like “masters of the universe” and “thought the laws and rules applied to everyone else but them,” she added. Mr. Cioffi is also facing insider trading charges on allegations he moved $2 million he had...
Tags: hedge fund, bear stearns