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Latest News
Morgan Stanley compensation ratio to fall
At first blush, Morgan Stanley's (MS) compensation-to-revenue ratio looks shockingly high. At Goldman Sachs (GS), compensation accounted for 36 percent of its $45.17 billion in 2009 revenue, the... Read more...
Hedge funds vs. bankruptcy judges
If a hedge fund wants to take an active role in a Chapter 11 proceeding, how forthcoming does it have to be about its business and interests? That's a big issue right now, with lots of opinions. It... Read more...
Volcker rule already having an effect?
There's no real way to handicap whether regulators will succeed in forcing banks to ratchet down their proprietary trading and investing activity. But is the proposed Volcker rule already having an... Read more...
Judge Rakoff still skeptical
Judge Jed Rakoff, who was in a position to voice the disgust many other felt about the original Bank of America (BAC) settlement with the SEC, says he will rule on the new, improved settlement by the... Read more...
Can Thain lead CIT?
You might have thought John Thain was tainted after his end-of-term fiasco at Merrill Lynch. He was fired by Ken Lewis after all. But given what's happened to Lewis since then, it may be a bragging... Read more...
Insurers grapple with Super Bowl
Super Bowl Sunday was a white-knuckle event for many insurers, and the results are not yet known.Turns out pizza delivery-related auto accidents spike on the big day. And that has some insurers on... Read more...
A rising star at Citigroup
We've become accustomed to the idea of Vikram Pandit on the hot seat. A lot of people are surprised he has lasted this long as CEO of Citigroup (C). Whether you believe he's got a long career ahead... Read more...
Also Noted
Company News:
> PNC warrants to fetch $253 million? Article
> Jamie Dimon's collusion. Video
> More on Wells (WFC) hiring brokers. Article
> Curl's big payday at Bank of America (BAC). Article
> End of the road for Wachovia suit? Article
> Bank of America a political issue in Fla. Article
> AIG hires new risk overseer. Article
Industry News:
> Energy prices soar. Article
And Finally... Super Bowl was most watched show ever. Article




