Tag:
Bear Stearns
Latest Headlines
Latest Headlines
Jefferies battles rumors
You have to feel for Jefferies CEO Richard Handler, who has watched and listened with chagrin as the company's stock price tumbled and as rumors mounted.
This is an uncomfortable positioned to be in, and its similar to the position Lehman Brothers and Bear Stearns found themselves in before th
Hedge funds ease grip on prime brokerages
Not too long ago, in the wake of the financial crisis and implosion of Bear Stearns and Lehman Brothers, the angst was palpable when it came to counterparty risk. Many hedge funds responded by spreading their eggs a bit, embracing multiple prime brokers, just in case one of them went belly-up.
Wall Street cuts philanthropic giving
Say what you want about Bear Stearns, but there was one area where the bank was truly right: It's advocacy of executive giving to charity. No other top bank required its executives to donate a set percentage of their income. For that, it should be applauded.
Of course, Bear Stearns is no more,
Do short selling restrictions work?
Recall that at the height of the financial crisis, executives of the doomed Lehman Brothers and Bear Stearns blamed short sellers for decimating their stock.
While some considered this an absurd contention, the stock gyrations were enough to spook the regulators, who passed a series of measure
Director's of failed banks suffer little consequence
Where were the directors? Fairly or not, that's been a big question in the aftermath of the financial crisis. You cannot blame people for pondering what steps the directors were taking as the likes of Bear Stearns and Lehman Brothers were imploding. It may have been that they did everything humanl
Why Gary Cohn won't succeed Blankfein at GS
The great guessing game as to who will succeed Lloyd Blankfein as the next CEO of Goldman Sachs has re-ignited. We've maintained that Blankfein cannot leave until he can do so without media chatter that he was somehow pushed by regulatory controversy. His pride will not allow him to leave under su
Prime brokerage business is hot, as banks woo hedge funds
This may be ann indication that the good times are returning to Wall Street: Top banks are once again actively wooing hedge funds and private equity funds with increasingly favorable credit offers.
The atmosphere has really changed, that's for certain. Top banks are under pressure to somehow j
A different Bear Stearns decision might have meant more charges
There's no question that the Raj Rajaratnam insider trading conviction means a lot to a federal prosecutor. The government now has the wind at its back in its efforts to prosecute and try others.
For an indication of just how important the win was, consider the trial of Ralph Cioffi and Matthe
Columnist takes Jamie Dimon to task
Jamie Dimon perhaps is no longer the Teflon CEO he once appeared to be. A Yahoo columnist would like to stick him with consequences of his call in a recent speech at the Chamber of Commerce for regulators to be very cautious on capital requirements. He warned that capital ratios set too high w
Bank of America to pay bankers more in cash
For the top Wall Street executives, deferred pay, heavy on stock options or restricted stock, is still the way to go. Boards do not want to roil the regulators on pay issues right now. The message has been loud and clear. At Bank of America, this is true for the top dogs. CEO Brian Moynihan and hi
