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It's not hard to conclude that Lehman Brothers is scouring the globe for capital. The latest: The firm nearly struck a deal to raise almost... Read more...
We've spoken a lot about the rise of special purpose acquisition companies, or SPACs. They were all the rage over the past few years, as more top investment banks got involved with them. They were... Read more...
In the past, Robert Rubin has described himself as Citigroup's consigliere. But the credit crunch has not been kind to the big bank, and... Read more...
Frank Quattrone spent four lonely years fighting the Justice Department, who really threw the book at him. But he prevailed after two trials; seven months ago a judge approved a request that all... Read more...
The hostile takeover game gives rise to lots of rumor and speculation. Trip Chowdhry of Global Equities Research has a very novel take on the bid. He argues that the Microsoft bid is but a ploy--a... Read more...
What's going on with the Alliance Data Systems-Blackstone Group deal? The deal was struck back in May. But Alliance shares have been weakening recently as rumors mounted that the deal may be in... Read more...
JPMorgan Chase has been the subject of much speculation recently. Unlike some of its competitors, it has fared fairly well in this credit downturn. Major writedowns are not expected. Now that Bank... Read more...
Well, you have to hand it to Jaime Dimon. He has JPMorgan Chase thriving at a time when its top competitor is struggling. Barron's has weighed in with a glowing article on the bank. The good vibes... Read more...
If it weren't for his unauthorized Wachovia overture, Stanley O'Neal would likely have survived the current crisis, in my opinion anyway. He still might. If he does, it will have a lot to do with the... Read more...