Citigroup Seeks to Work Around TARP Rules
May 5, 2009
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without violating laws limiting executive pay at banks that receive government bailouts.
May 5, 2009
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without violating laws limiting executive pay at banks that receive government bailouts.
BofA and Citigroup in Capital Hunt
May 4, 2009
With the “threat” of additional government funding looming, Bank of America and Citigroup are on a do-or-die mission to raise significant amounts of capital rather than face additional federal ownership.
May 4, 2009
With the “threat” of additional government funding looming, Bank of America and Citigroup are on a do-or-die mission to raise significant amounts of capital rather than face additional federal ownership.
Obama Looks to Stifle Tax Shelters
May 4, 2009 by Joseph McCafferty
Demonstrating his willingness to juggle multiple economic reforms at once, President Barack Obama will unveil his administration’s plan to crack down on offshore tax avoidance today.
May 4, 2009 by Joseph McCafferty
Demonstrating his willingness to juggle multiple economic reforms at once, President Barack Obama will unveil his administration’s plan to crack down on offshore tax avoidance today.
Cuomo Issues Subpoenas to Pension Firms
May 4, 2009
Attorney General Andrew M. Cuomo issued more than 100 new subpoenas to investment firms and intermediaries who brokered deals with public pension funds.
May 4, 2009
Attorney General Andrew M. Cuomo issued more than 100 new subpoenas to investment firms and intermediaries who brokered deals with public pension funds.
Cuomo Broadens Probe Into NY Pensions
May 1, 2009 by Joseph McCafferty
The New York attorney general brought a new criminal charge in its investigation into an alleged “ongoing scam” or kickback scheme for investments from New York state’s pension fund.
May 1, 2009 by Joseph McCafferty
The New York attorney general brought a new criminal charge in its investigation into an alleged “ongoing scam” or kickback scheme for investments from New York state’s pension fund.
Hedge Funds Lock Horns With Obama
May 1, 2009
Following President Barack Obama’s remarks against hedge funds yesterday, managers struck back, defending their decision making in the midst of the crisis.
May 1, 2009
Following President Barack Obama’s remarks against hedge funds yesterday, managers struck back, defending their decision making in the midst of the crisis.
NY Fed Chairman Friedman to Step Down
April 30, 2009
Stephen Friedman will step down as chairman of the New York Federal Reserve’s board of directors by the end of the year.
April 30, 2009
Stephen Friedman will step down as chairman of the New York Federal Reserve’s board of directors by the end of the year.
Citigroup Seeks Bonus Pay Out Approval
April 29, 2009 by Joseph McCafferty
Citigroup is asking the Treasury for permission to pay special bonuses to key employees.
April 29, 2009 by Joseph McCafferty
Citigroup is asking the Treasury for permission to pay special bonuses to key employees.
BofA’s Lewis Loses Support of CalPERS
April 29, 2009
The California’s Public Employees’ Retirement System said it will vote against Bank of America CEO Kenneth Lewis.
April 29, 2009
The California’s Public Employees’ Retirement System said it will vote against Bank of America CEO Kenneth Lewis.
AIG Trustees Asked to Testify to Congress
April 28, 2009
American International Group’s three trustees may testify before Congress about whether they’ve been adequately protecting the U.S. investment.
April 28, 2009
American International Group’s three trustees may testify before Congress about whether they’ve been adequately protecting the U.S. investment.
Banks Score Better on Stress Tests
April 28, 2009 by Joseph McCafferty
Executives at the nation’s top largest banks are lobbying regulators to raise their already favorable scores.
April 28, 2009 by Joseph McCafferty
Executives at the nation’s top largest banks are lobbying regulators to raise their already favorable scores.
Cuomo Wants BofA-Merrill Deal Investigation
April 24, 2009 by Joseph McCafferty
New York attorney general Andrew Cuomo wants regulators to take a look at the roles played by the Treasury and Federal Reserve in pushing the merger between Bank of America and Merrill Lynch last year.
April 24, 2009 by Joseph McCafferty
New York attorney general Andrew Cuomo wants regulators to take a look at the roles played by the Treasury and Federal Reserve in pushing the merger between Bank of America and Merrill Lynch last year.
SEC Mulls New Rules for Municipals
April 23, 2009 by Joseph McCafferty
The Securities and Exchange Commission is examining potential new rules for the municipal-securities market.
April 23, 2009 by Joseph McCafferty
The Securities and Exchange Commission is examining potential new rules for the municipal-securities market.
Harvard Prof: Inflation After 2010
April 23, 2009 by Joseph McCafferty
An economics professor at Harvard University predicts that uncontrollable inflation will make life difficult following a sustained recovery in 2010.
April 23, 2009 by Joseph McCafferty
An economics professor at Harvard University predicts that uncontrollable inflation will make life difficult following a sustained recovery in 2010.
Ford Glad It Didn’t Take Bailout Cash
April 22, 2009 by Joseph McCafferty
While Ford has no regrets about not taking any bailout money from the U.S. government, it still believes Washington could offer it a bit of help.
April 22, 2009 by Joseph McCafferty
While Ford has no regrets about not taking any bailout money from the U.S. government, it still believes Washington could offer it a bit of help.
No Raise for New Fannie Mae CEO
April 21, 2009 by Joseph McCafferty
Fannie Mae has promoted executive vice president and chief operating officer Michael J. Williams to the company’s top position—but he won’t be getting a bigger paycheck out of it.
April 21, 2009 by Joseph McCafferty
Fannie Mae has promoted executive vice president and chief operating officer Michael J. Williams to the company’s top position—but he won’t be getting a bigger paycheck out of it.
Ferlauto Launches Advocacy Group
April 17, 2009 by Joseph McCafferty
Public employee champion Rich Ferlauto has launched a new shareholder advocacy group aimed at aligning shareholders in actively engaging their investments.
April 17, 2009 by Joseph McCafferty
Public employee champion Rich Ferlauto has launched a new shareholder advocacy group aimed at aligning shareholders in actively engaging their investments.
Restoring Confidence in Executive Compensation
April 16, 2009 by Directorship Editors
Experts weigh in on restoring executive compensation confidence while preserving talent and driving business upward.
April 16, 2009 by Directorship Editors
Experts weigh in on restoring executive compensation confidence while preserving talent and driving business upward.
SEC Reviewing the Role of Ratings Agencies
April 16, 2009 by Joseph McCafferty
A roundtable convened yesterday by the Securities and Exchange Commission engendered a debate on the role of credit ratings and future of those agencies whose job it is to rate the debt of the country’s financial firms.
April 16, 2009 by Joseph McCafferty
A roundtable convened yesterday by the Securities and Exchange Commission engendered a debate on the role of credit ratings and future of those agencies whose job it is to rate the debt of the country’s financial firms.
CalPERS to Buy TARP Holdings, Citi Assets
April 15, 2009
The California Public Employees’ Retirement System said its seeking to buy assets of Citigroup and other financial companies tied to the U.S. government’s $700 billion Troubled Asset Relief Program.
April 15, 2009
The California Public Employees’ Retirement System said its seeking to buy assets of Citigroup and other financial companies tied to the U.S. government’s $700 billion Troubled Asset Relief Program.