Tag:

Robert Scully

Latest Headlines

Latest Headlines

Directors buy stock in Bank of America

This is a good move. Two directors, including chairman Chad Holliday, have made big purchases of Bank of America stock , a sign of confidence. Holliday bought 30,000 shares at prices between $12.62 and $12.59, while Robert Scully bought 39,500 shares at about $12.45. Holliday, a former DuPont C

Bank of America board re-make continues

Bank of America continues to re-make its board of directors. The latest: Former Morgan Stanley co-president Robert Scully, 59, has been added the board. He becomes the 14th member of a board that has been whittled down from 18. Scully is a wizened veteran of the industry. At Morgan Stanley, he

Morgan Stanley on the Fannie, Freddie hot seat

We tend to think of Goldman Sachs  as the firm with the most influence in Washington, given the many former execs that have ended up in high public service jobs. But when it comes to the big quagmire that Fannie Mae and Freddie Mac are stuck in, the firm with the most reputational capital on th