User: newstrust Topic: Business
Category: Finance :: Bailout
Last updated: Jun 16 2013 19:23 IST RSS 2.0
 
938 to 957 of 1,056    
Ex-Merrill CEO Thain picked as CIT chief 8.2.2010 San Jose Mercury News: Local News
NEW YORK — John Thain is getting a second chance. CIT Group Inc. tapped the former Merrill Lynch CEO to become its chairman and chief executive.
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Thain back from wilderness to head CIT 8.2.2010 Financial Times US
John Thain has been named chief executive of the CIT Group, the middle-market financial company that emerged from bankruptcy in December under the control of its primary creditors.
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After Turmoil at Merrill, Thain Will Lead the Lender CIT 8.2.2010 NYT: Home Page
John A. Thain is seeking to leave behind the controversies that haunted his final days at Merrill after it was acquired by Bank of America.

Hartsko, other lenders fill void left by banks 7.2.2010 SFGate: Business & Technology
Hartsko, other lenders fill void left by banks
Hartsko, other lenders fill void left by banks 6.2.2010 SFGate: Business & Technology
Hartsko, other lenders fill void left by banks
Goldman Sachs chief gets bonus all in stock 6.2.2010 Boston Globe: Business
Goldman Sachs chief gets bonus all in stock
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Goldman CEO Blankfein gets $9M stock bonus for 2009 6.2.2010 San Jose Mercury News: Business
NEW YORK — Goldman Sachs Group CEO Lloyd Blankfein is getting a $9 million stock bonus for 2009, a modest payday by Wall Street standards that appears aimed at quelling criticism of the bank's compensation practices.
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Goldman CEO Blankfein gets $9M stock bonus for 09 6.2.2010 AP Business
NEW YORK (AP) -- Goldman Sachs Group Inc. CEO Lloyd Blankfein is getting a $9 million stock bonus for 2009, a modest payday by Wall Street standards that appears aimed at quelling criticism of the bank's compensation practices....
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Goldman CEO Blankfein gets $9M stock bonus for 09 6.2.2010 SFGate: Business & Technology
Goldman CEO Blankfein gets $9M stock bonus for 09
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Goldman, JPMorgan CEO Stock Bonuses Total $25M 6.2.2010 NPR News
Goldman Sachs Group Inc. CEO Lloyd Blankfein is getting a $9 million stock bonus and JPMorgan Chase CEO Jamie Dimon received a nearly $16 million stock bonus for 2009, it was disclosed Friday. The bonuses will be subject to restrictions aimed at countering criticism over lavish pay at banks.
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Bank of America bosses charged with fraud 5.2.2010 The Guardian -- World Latest
New York attorney general files civil charges against the bank and its former chief executive, Ken Lewis, over last year's acquisition of Merrill Lynch Bank of America and two of its former bosses have been charged with fraud for allegedly misleading shareholders during the takeover of Merrill Lynch . The New York attorney general's office said last night it had filed civil charges against the bank and its former chief executive, Ken Lewis, claiming the bank misled investors about Merrill Lynch before it acquired the Wall Street bank in early 2009. Civil charges were also being filed against Joe Price, the bank's former chief financial officer. Bank of America has been accused of failing to properly disclose losses at Merrill and bonuses ...
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New York says BofA misled investors on Merrill 5.2.2010 SFGate: Business & Technology
New York says BofA misled investors on Merrill
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BofA, Lewis face civil charges in New York 5.2.2010 Twincities.com: Business
NEW YORK — The New York Attorney General's office said Thursday it filed civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch before it acquired the Wall Street bank in early 2009.
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New York attorney general sues Bank of America, ex-CEO Ken Lewis 5.2.2010 LA Times: Business
New York attorney general sues Bank of America, ex-CEO Ken Lewis
Maddow Excels as Exemplar - of Intellectual Dishonesty 5.2.2010 NewsBusters
An old joke comes to mind -- a man hiring for an accountant interviews two applicants. He asks the first applicant, two plus two, what's the answer? Four, the applicant responds. Second applicant, same question. The response -- what do you want it to be? You're hired, he's told. After watching Rachel Maddow's default tendency toward deceit for more than a year, I wonder if those seeking work at MSNBC undergo similar winnowing. Here, for example, was Maddow describing the response in Congress after Obama called for a tax on the "biggest" banks during this year's State of the Union address (first segment in embedded video) -- MADDOW: Here in Washington today the president unveiled his new budget and he name-checked what ...
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New York state sues Bank of America, executives, alleging fraud in Merrill takeover 5.2.2010 NewsTrust Yahoo Pipes Feed
New York state Thursday sued Bank of America and two former top executives, alleging fraud and deception in the banking giant's Merrill Lynch takeover in order to get billions in bailout funds. The news came as the top US stock market regulator, the Securities and Exchange Commission (SEC), announced a new agreement to settle its investigation [...]
Opinionator: Mystery Men of the Financial Crisis 5.2.2010 NY Times: Editorials
The time has come to hear from the insiders who know what really happened during the banking crisis.

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BofA, ex-CEO Lewis charged with fraud 5.2.2010 MSNBC
The New York Attorney General's office is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch. ...
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2 Democrats call for tax on big bank bonuses 5.2.2010 Boston Globe: Latest
2 Democrats call for tax on big bank bonuses
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New York says BofA misled investors on Merrill 4.2.2010 SFGate: Business & Technology
New York says BofA misled investors on Merrill
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