Change Is Indeed a Good Thing...
Article :
June 2008
...but what we need in America is the other kind of change, i.e. more in our pockets somehow. Wall Street is hoping that Barack Obama can do both, having finally wrapped up the Democratic nomination for President following a five month battle with Hillary Clinton. No one wants to root for an eventual loser, after all.
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Net Gain
Article :
June/July 2008
By adding Wall Street tactics to the playbook, Steve Orr is helping New York City youth charities score big.
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McCain’s Very Special Rant
Article :
April 2008
Having received the snub from Wall Street, as donations pass him by in favor of Obama and Clinton, Sen. John McCain has decided to unleash the lions on Corporate America, calling its pay schemes "outrageous" and "unconscionable" (especially as his fundraising efforts have seemingly failed to benefit by them). More from the Straight Talk Express, which, even we admit, holds a slight advantage over Hillary with the growing weariness and wariness over a “democracy” where the presidents’ surnames threaten to flash Bush-Clinton-Bush-Clinton into infinity.
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All Fun And Games Until The FBI Shows Up
Article :
January 2008
As we’ve mentioned, we’re not big fans of Federal Bureau of Investigation probes. Too often, they involve criminal inquiries into companies that we like (in this case, we can’t even say if we like them, however, as the FBI won’t tell us who it’s targeting). But we do know the investigation concerns allegations of mortgage fraud, which could very well spill over into banks. More on how this action will jibe with the other probes into the mortgage business by the SEC, Justice Department and the New York Attorney General.
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One Idea: Just Reinvent The Wheel
Article :
January 2008
Cavemen did it – how hard could it be? But when reinventing the wheel means possibly going back to the slow-and-steady-wins-the-race thing, that’s when a lot of fired-up bankers start to feel a little bit wistful for the good old days. Here’s how major institutions such as Merrill Lynch and Citigroup plan to toe the line.
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For The Record
Article :
November 2007
On the heels of yet another backbiting presidential debate, a look at the political leanings of some of Wall Street’s top power brokers. Does John Thain really swing both ways, as suspected? Is Jimmy Cayne as much of a wild card with his donations as he is playing bridge in Nashville? Here, we name the names and answer the answers.
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No Humer Intended
Article :
September 2007
Why, for Roche Holding Chairman Franz Humer, a $3 billion hostile bid for Ventana Medical may be his limit.
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Psst, Dirty Subprime Secret #857
Article :
August 2007
It’s not necessarily Alabama-dwelling, welfare-check-squandering Grandma Nell who’s to blame for the subprime crisis – in states such as California, Arizona, Nevada and Florida there’s another, much more deep-pocketed perpetrator.
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Uncommoner London
Article :
September/October 2007
One Yank shares his secrets for feeling like a peer of the realm.
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Bear Drops The Axe
Article :
August 2007
Still, the elimination of 240 jobs at two home-lending units only seems to encourage Bear’s increasingly hysterical attempts at damage control, with the bank downplaying its response to the subprime blowback as just another event "in the normal course of business." For its sake, we hope not.
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Well, Whaddaya Know…
Article :
July 2007
U.S. Democratic presidential hopefuls looking to raise taxes on private-equity firms are getting – gasp – fewer campaign donations from their targets than Republicans. But, in a sign of PE’s continued ignorance of the rules of engagement (read: to avoid the tax dragnet, you’ve gotta’ pay the piper) both parties so far have received less than $300,000.
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Bear Stearns: The Lone Grizzly?
Article :
June 2007
Bear, which refused to throw in for the bailout of LTCM, now could be getting a taste of its own medicine.
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My Deal - Accidental Pioneers
Article :
May/June 2007
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Coke in Talks with Glacéau
Article :
April 2007
Coca-Cola is in talks to acquire or buy a stake in flavored bottled water company Glacéau to expand its non-soda offerings.
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Cemex Wins Rinker With Increased $14.2 Billion Offer
Article :
April 2007
Cemex SA, the world's third-largest cement producer, agreed to buy Rinker Group Ltd. for $14.2 billion after raising its offer, to increase market share in the three fastest-growing U.S. states.
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Cemex's Rinker Bid Gets US Approval; Offer May Rise
Article :
April 2007
Cemex SA, the world's third-largest cement producer, has won US regulatory approval for its hostile bid for Australia's Rinker Group Ltd, heightening speculation it may raise the $11.7 billion offer.
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More Bright Ideas
Posting :
Heather Flick
:
03/27/2007
Pardon the reference, but when God said, “Let there by light,” He didn’t mean daylight savings time or compact fluorescent bulbs. Nevertheless in another divine power grab, our guardians in Washington are casting darkness over some of life's cozier pleasures.
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Wing Man
Article :
Premiere Issue
US Airways was struggling to stay airborne in heavy turbulence. Could GE Commercial Finance’s Tom Quindlen and his copilots help guide it to safety?
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