Blackrock

CEO Pay Rising Less Quickly Due To Shareholder Discontent: Study

Reuters | Posted 04.20.2012

* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...

Wall Street Cries: Shut Up, Bulls, You're Jinxing The Market

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 ...

BofA May Get To Move Its $8.5 Billion Settlement Back To State Court

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 ...

Bank Of America Hit With New Countrywide Lawsuit

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...

BofA's Huge Mortgage Settlement Challenged By Bondholders

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...

Too Big To Fail, Or Too Trifling For Oversight?

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...

Treasury's Toxic Asset Funds Show Big Gain

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...

The 10 Biggest Hedge Funds In The U.S.

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...

Investors Want Bank Of America To Buy Back Bad Mortgages

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...

William Alden

Bank Of America CEO: Our Growth Will Come From Abroad

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 ...

Manufacturing a Phony Job Crisis

Brian Ross | Posted 05.25.2011

Brian Ross

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."

Obama's Public-Private Investment Program Earns HUGE Profits

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...

Yielding To Wall Street, Credit Raters 'Drink The Kool-Aid'

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...

Dimon Said His Bear Stearns Sticky Bombs Are Worse Than Geithner's

Janet Tavakoli | Posted 05.25.2011

Janet Tavakoli

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.

Biggest Paychecks In Finance 2009: SEE Who Was Paid The Most (PHOTOS)

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...

Wall Street Bonuses: This Year, The Biggest Bonuses Go to Not-So-Big Names

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...

Shadow Elite: Why Sarah Palin's Really Selling Big Government

Janine R. Wedel | Posted 05.25.2011

Janine R. Wedel

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."

Revolving Door Spins Faster: Ex-Treasury, Goldman Official Takes Job At BlackRock

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 ...

Shahien Nasiripour

Goldman Sachs Approached AIG To Scrap Contracts Months Before Being Paid In Full By NY Fed

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...

Treasury Cover-Up of Goldman's Role in AIG Crisis?

Janet Tavakoli | Posted 05.25.2011

Janet Tavakoli

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.

Most Expensive Real Estate Deal In US History Poised To Flop

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...

Timothy Geithner, I Call Your Bluff

Janet Tavakoli | Posted 05.25.2011

Janet Tavakoli

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.

Warning to the Boss: Think of Having Sex with Your Employee as the Same as Incest!

Stephen Viscusi | Posted 05.25.2011

Stephen Viscusi

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...

Fund Will Let Public Buy Troubled Assets

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...

Our Loss is BlackRock's Gain

Robert Scheer | Posted 05.25.2011

Robert Scheer

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.