Tag:
Pr Disaster
Latest Headlines
Latest Headlines
SeaWorld: A PR hit for Blackstone
When Tilikum, a 12,000-pound killer whale, pulled a trainer to her death at SeaWorld, it also pulled the Blackstone Group ( Blackstone Group news) into another saga. Recall that the private equity giant bought SeaWorld and other theme parks from Anheuser-Busch InBev for $2.3 billion late last y
Anger at Goldman Sachs?
Is there any resentment simmering out in the public over Wall Street's return to big earnings and big bonuses? Bill O'Reilly, the Fox News commentator, likened Goldman Sachs bankers to pigs during a segment on his TV show. "You've got to make an example of the big boy," he said. "And this is t
Citigroup's PR disaster in Japan
This is exactly what Citigroup doesn't need right now: Japan's financial regulator has essentially banned the bank from the retail market for a month after uncovering deficient controls related to money laundering. The bank was ordered to revamp its governance, controls and management structure. I
John Thain gives up his bonus after all
The case of John Thain, CEO of Merrill Lynch, got a little more curious when it was announced that Thain told the board that neither he, nor his top four executives deserved a bonus for 2008. This followed an article in the Wall Street Journal that reported that Thain had suggested to the boar
