Too Big To Get Wrong
There's no bank and there's no banker that hasn't made mistakes in recent years, including me. We recognize our responsibility.
There's no bank and there's no banker that hasn't made mistakes in recent years, including me. We recognize our responsibility.
Georges Ugeux | Posted 12.10.2009 | World
While fighting a regulatory battle President Sarkozy and Chancellor Merkel, Prime Minister Gordon Brown is slowly but surely killing the City.
HuffPost Investigative Fund | Keith Epstein And Ben Protess | Posted 11.18.2009 | Politics
Like many federal agencies contemplating reform these days, the Commodities Futures Trading Commission is hearing a lot from the industry it regulates...
Posted 11.04.2009 | Business
The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...
Dealbreaker.com | Bess Levin | Posted 11.03.2009 | Business
British-based Barclays Capital may be a bellwether for Wall Street's bonus season. The bank is ratcheting up stock payments to its execs and axing the...
Raymond J. Learsy | Posted 11.08.2009 | Business
It is long past time that our government take seriously and study intensely how oil prices are determined in a world of OPEC, speculation, timid oversight and failing transparency.
Esquire | Tom Junod | Posted 11.11.2009 | Business
On September 23, 2008, Gerard LaRocca, a senior executive at Barclays Capital, the investment bank, got an emergency phone call from one of his employ...
AP | DOUG FERGUSON | Posted 09.30.2009 | New York
JERSEY CITY, N.J. — Heath Slocum might have been the one player no one expected to win The Barclays. He was locked in a tense battle over the fi...
AP | DOUG FERGUSON | Posted 09.28.2009 | New York
JERSEY CITY, N.J. — Webb Simpson looked at the scores and the weather, neither of which indicated an easy time Friday at Liberty National. He qu...
Len Berman | Posted 09.27.2009 | New York
Happy Thursday everyone, here's my Top 5 for August 27, 2009 from www.LenBermanSports.com
Charlie Farrell | Posted 08.31.2009 | Business
While there are a number of different strategies to creating retirement income, I prefer to use a simple method of creating cash flow to fund distributions.
The Observer | Richard Wachman, City Editor | Posted 08.20.2009 | Business
Barclays is to pay tens of millions of pounds to its investment bankers, who have made huge profits from trading in government debt, derivatives and f...
David Fiderer | Posted 08.18.2009 | Business
The fallout of Paulson's two disastrous decisions (to let Lehman fail and reverse his position on foreclosure relief) prompted the former Treasury Secretary to abuse his powers, with some not-so-veiled threats.
Barbara Garson | Posted 08.13.2009 | Business
People are speculating on derivatives and derivatives of derivatives because there's no action in the real world.
nytimes.com | MICHAEL M. GRYNBAUM | Posted 07.25.2009 | New York
Over the last five years, the MTA has been trying eagerly to sell the rights to the names of subway stations. On Monday, they finally succeeded. After...
usnews.com | Rick Newman | Posted 06.19.2009 | Business
If General Motors declares bankruptcy, some of its investors--including bondholders, other secured lenders, and the U.S. government--are likely to get...
Bloomberg | Christopher Condon and Sree Vidya Bhaktavatsalam | Posted 06.18.2009 | Business
May 18 (Bloomberg) -- BlackRock Inc. and Bank of New York Mellon Corp. are competing to become the world's biggest money manager as stock markets show...
David Fiderer | Posted 05.16.2009 | Business
Why would Merrill's senior management, with BofA's acknowledgment, base their internal year-end projections on the assumption that securities prices would recover so sharply?
Paul Loeb | Posted 02.27.2009 | Business
Pfizer, Viagra's daddy, is using money from taxpayer-bailed-out banks to help buy major pharmaceutical competitor Wyeth. That won't help taxpayers or consumers. Nor is it designed to.
Edward Jay Epstein | Posted 02.22.2009 | Business
To the extent that Madoff's investors paid taxes on false capital gains, they are owed tax refunds -- with interest; investors may deduct billions worth of their loss against other income.
AP | JANE WARDELL | Posted 02.13.2009 | Business
LONDON — Barclays PLC will cut 2,100 jobs in its investment banking, fund management and private banking units in response to the global economi...
New York Times | Posted 12.06.2008 | Business
The chief executive of the failed Lehman Brothers, Richard S. Fuld Jr., will be "terminated" by the investment firm without any bonus, a lawyer for Le...
Fortune | Barney Gimbel and Peter Gumbel | Posted 11.10.2008 | Business
LONDON (Fortune) -- Barclays PLC will cut about 3,000 jobs in the aftermath of its purchase of bankrupt Lehman Brothers' North American investment ban...
Huffington Post | Dave Burdick | Posted 10.24.2008 | Business
After Barclays PLC bought Lehman Brothers' New York headquarters -- among other North American assets -- it switched the well-known Lehman Brothers di...
AP | JOE BEL BRUNO and STEPHEN BERNARD | Posted 10.17.2008 | Business
NEW YORK — Two days after walking away from a deal to purchase all of Lehman Brothers, Barclays PLC said Tuesday it had agreed to acquire Lehman...
Robert E. Diamond, Jr. | Posted 12.14.2009 | Business