proposal news from FierceFinance
News
Icahn now main player in Microsoft-Yahoo drama
The key man in the still unfolding Microsoft-Yahoo pas de deux is not Steve Ballmer, not Jerry Yang, or even Eric Schmidt. It's investor activist Carl Icahn. The New York Times notes that while he Read more...
Did Blankfein earn his $74 million?
As part of its package on CEO pay in 2007, Forbes offers up a profile of Goldman Sachs CEO Lloyd Blankfein--the $74 million dollar man. The piece notes that after it became known that Read more...
Morgan Stanley board supports Mack as chairman
It's in vogue these days for boards to split the CEO and chairman jobs in the name of good corporate governance. You would think it would be an easy sell at Morgan Read more...
How to fix the bond insurers
Do you remember when Eliot Spitzer, governor of New York and no stranger to the financial industry, gave the bond insurance industry five days to get its act together, even as he lobbies for a Read more...
California to take on hedge funds?
Investment Dealers' Digest reports that California has proposed a rule requiring hedge funds with $25 million or more in assets and fewer than 15 clients to register with the state. Comments are Read more...
A private equity code of conduct in the U.S?
The Financial Times notes that a 'code of conduct' for private equity firms in the U.K. has kicked up some controversy. The code was drafted by a former regulator to push the industry to voluntarily Read more...
Move to hike taxes on private equity continues
After the news hit that Congress would not seek a bill to hike taxes on the carried interest of private equity funds, many people, including me, thought the issue was dead. Turns out that judgment Read more...
Saga of ACS gets nasty
When the buyer of a company happens to be the founder, the process can get muddy fast. The New York Times takes a look at the troubled Affiliated Computer Services almost-deal. Five directors have Read more...
Bailout fund questions emerge
Citigroup, Bank of America and JP Morgan met at Citigroup's headquarters to continue hashing out the big bailout fund for structured investment vehicles. But the New York Times reports that there Read more...
Private equity tax hike proposal fizzles
I had been predicting that the much-feared hike on private equity gains would never really materialize. And I was right, not to sound too cocky. According to the Washington Post, private-equity Read more...