;)
February 25, 2011
AFP - The sale of key units helped push US insurance giant AIG -- a firm at the epicenter of the US financial crisis -- back to profit in 2010, but it still lost money on normal operations, the company said Thursday.
February 24, 2011
David Geithner, the younger brother of the Treasury secretary, is rising up his workplace totem pole as well: He's assuming broader responsibilities at Time Inc.
February 24, 2011
The Securities and Exchange Commission today charged two securities professionals, a hedge fund trader, and two firms involved in a scheme that manipulated several U.S. microcap stocks and generated more than $63 million in illicit proceeds through stock sales, commissions and sales credits.
February 24, 2011
Investment managers, pension funds and other fund sponsors are more likely than corporations to view engagements with corporations in a negative light.
February 24, 2011
About 21 percent of respondents to a Towers Watson study reported that their firm had increased D&O liability limits.
February 24, 2011
The Supreme Court decided to allow a case in which a woman died while wearing only a lap belt, because a shoulder belt was unavailable, possibly opening the door for other lawsuits against automakers.
February 24, 2011
Business Week's Scott Shane fears that the proposed corporate tax reform may unfairly impact small corporations.
February 24, 2011
A proposal brought to a vote of the Apple shareholders by the Central Laborers' Pension Fund urging the board to adopt and disclose a succession planning policy was voted down at the company's annual meeting yesterday.
February 24, 2011
A new financial crisis in Europe or a protracted increase in fuel prices as a result of oil disruptions in the Middle East are among the most serious threats to the burgeoning economic recovery, a senior White House economic policymaker said Wednesday.
February 24, 2011
Wall Street cash bonuses shrank by roughly 8% last year despite strong profits, according to New York State Comptroller Thomas DiNapoli, reflecting the changing compensation culture on Wall Street.
February 24, 2011
Jim Millstein, who as the Treasury's chief restructuring officer helped engineer a turnaround of bailed-out insurance giant American International Group that could result in a profit for taxpayers, will leave the agency at the end of the week.
February 23, 2011
Both J.Crew and lawyers for unhappy shareholders made unusual public statements on Wednesday to press their arguments about the merits of the retailer's proposed leveraged buyout.
February 23, 2011
Early proxy season results show that labor unions are frontrunners in the executive compensation proposal movement.
February 23, 2011
David Becker, departing SEC general counsel, is being sued to recover funds he received from his mother's estate that were invested in the Bernie Madoff Ponzi scheme.
February 23, 2011
Thirty-seven percent of financial institutions have placed more weight on risk when making compensation decisions.
February 23, 2011
A defensive deal born out of desperation to "save" a company or otherwise fight off an activist investor can wind up putting the company's board and management on the defensive.
February 23, 2011
Mr. Flom, who began as a top adviser in proxy fights in the 1960s, became one of the pre-eminent lawyers involved in the costly and risky business of corporate mergers and acquisitions.
February 23, 2011
The Treasury secretary also said a government shutdown would jeopardize the economic recovery.
February 23, 2011
Reuters - Apple Inc faces questions on Wednesday from increasingly restive shareholders about a succession plan for an ailing Steve Jobs, while influential investors will push for changes to better protect their rights.
February 23, 2011
Both the number of companies seeking loans and the number of company loans approved have increased in the last three months.