CEO Pay Rising Less Quickly Due To Shareholder Discontent: Study
* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...
* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...
The Huffington Post | Mark Gongloff | Posted 02.13.2012
You can't swing a dead cat these days without hitting somebody or something touting how the stock market is going to the moon. That makes Wall Street ...
Posted 12.27.2011
(JONATHAN STEMPEL, Reuters) - An appeals court on Tuesday granted an appeal of a controversial ruling that moved consideration of Bank of America ...
AP | Posted 09.29.2011
NEW YORK -- Bank of America Corp. is facing a new lawsuit filed by a group of shareholders of mortgage giant Countrywide Financial Corp., which the ba...
Posted 09.04.2011
NEW YORK (Jonathan Stempel) - A group of bondholders plans to challenge Bank of America Corp's $8.5 billion settlement with holders in soured mort...
New York Times | Posted 08.12.2011
It is not very often that business people head to Washington to explain how unimportant they are. But over the last several months, executives from...
Posted 05.25.2011
WASHINGTON: The U.S. Treasury's toxic asset funds have gained 27 percent since they were created to help revive the mortgage-backed securities mark...
businessinsider.com | Courtney Comstock | Posted 05.25.2011
The quant hedge fund D.E. Shaw is the most glaring absence from AR Magazine's latest list (subscription required) of the biggest hedge funds in the US...
bloomberg.com | Jody Shenn | Posted 05.25.2011
Oct. 19 (Bloomberg) -- Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America...
HuffingtonPost.com | William Alden | Posted 05.25.2011
Speaking at at an industry conference today, Bank of America CEO Brian Moynihan said his bank, the country's largest by assets, will continue selling ...
Brian Ross | Posted 05.25.2011
After the narrow loss on health care, corporate America and the GOP are setting the stage for a November showdown with President Obama and Democrats by manufacturing a crisis they can "solve."
nytimes.com | Eric Dash | Posted 05.25.2011
American taxpayers are already poised to make unexpected billions from rescuing the nation's banks. Now, they could reap another sizable profit from a...
Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011
In the lead up to the financial meltdown, Wall Street firms routinely exerted influence on the nation’s largest credit rating companies— which jud...
Janet Tavakoli | Posted 05.25.2011
Taxpayer subsidized cheap funding and looser accounting standards have allowed our largest banks to keep their Dorian Gray financial pictures behind a curtain and out of public sight.
Posted 05.25.2011
Who got the biggest pay package in finance this year? Chances are you've never heard of many of the top earners. In a year marked by high unemplo...
nytimes.com | ERIC DASH | Posted 05.25.2011
It turns out that some of the highest-paid financial executives in America work far from the canyons of Lower Manhattan, at companies that have largel...
Janine R. Wedel | Posted 05.25.2011
If Sarah Palin were truly to "go rogue," to defy establishment "wisdom" of both parties, she'd take on big bad (shadow) government and stop parroting the mantra of "small government."
bloomberg.com | Sree Vidya Bhaktavatsalam and James Sterngold | Posted 05.25.2011
Jan. 29 (Bloomberg) -- BlackRock Inc., the world's biggest money manager, hired former Treasury official and Goldman Sachs Group Inc. banker Kendrick ...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
This post has been updated with a quote from a senior Obama administration official. Goldman Sachs approached AIG and expressed its willingness to ca...
Janet Tavakoli | Posted 05.25.2011
Goldman paid mega bonuses in past years subsidized by selling hot air. Now it proposes to again pay billions in bonuses based on earnings made possible by taxpayer dollars.
AP | DAVID B. CARUSO | Posted 05.25.2011
NEW YORK — It was the most expensive real estate deal in U.S. history. Now it's poised to become one of the biggest flops. At the height of the...
Janet Tavakoli | Posted 05.25.2011
The general public has been kept unaware of several politically explosive facts. Given the extraordinary circumstances surrounding AIGs trades, the financial crisis, and bailouts, it's time to reopen this issue.
Stephen Viscusi | Posted 05.25.2011
Bosses..does that make the point any easier to remember? At least once a month, I get a call from a TV producer or reporter, who is covering a stor...
nytimes.com | MICHAEL J. De La MERCED | Posted 05.25.2011
Here is the latest pitch from Wall Street: those troubled assets at the banks could turn out to be gold for you. That is the line from BlackRock, t...
Robert Scheer | Posted 05.25.2011
How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government's trillion-dollar bailout program.
Reuters | Posted 04.20.2012