FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

lawyers news from FierceFinance

News

How should reverse break-up fees be valued?

If we were to assign reverse break-up fees an actual market value, such fees would constitute a bull market. How long would it be before banks started making markets in options and swaps on such... Read more...

SPOTLIGHT: Icahn's blog

We were excited to hear that Carl Icahn was planning to start blogging with something called the Icahn Report. But TheDeal.com reports that his lawyers have put that on hold. Read more...

Kerviel a folk hero? Ouch

This is the risk banks run when dealing with rogues. The Times writes that Read more...

How Kervial did it

The question on everyone's mind is: how did he do it? Societe Generale believes that, Jerome Kervial placed large long bets in one portfolio and then created fake hedges in another portfolio. So... Read more...

Power in deals to shift to sellers?

It has been a buyer's market--and contractual terms reflected that. But after a nasty spate of busted deals, headlined by the on-going Sallie Mae blow up, ClearChannel and others, the New York Times... Read more...

Merrill Lynch wins WSJ correction

When the Wall Street Journal--still the paper of record in the industry--suggested Merrill Lynch was using some Enron-like techniqies to minimize writedowns, it hit like a bombshell. I imagine the... Read more...

At issue: timing of Citigroup announcement

Did Citigroup wait too long to announce its massive writedowns? That is the question posed by Fortune magazine's Carol Loomis. She suggests the delay may not have been in keeping with disclosure... Read more...

Why young people want to be bankers

According to a recent government report, investment banking pay is hitting absurd levels. The weekly pay in the profession is $8,367, compared with $841 for all private sector jobs. Are investment... Read more...

Is Eliot Spitzer changing his tune?

Eliot Spitzer's wars, on mutual funds and sell-side research among other targets, really shook up the industry, to the glee of lawyers. But now that he is governor of New York, is he changing his... Read more...

ALSO NOTED: UBS banker also a filmmaker; New force: Icahn's son?; and much more...

Company News:
> UBS banker also a filmmaker. Article
Read more...

Get more lawyers coverage at: