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Goldman Sachs's board and the new era

The news that Goldman Sachs has just named Lakshmi Mittal--the corporate magnate and richest Asian on the planet--has prompted some praise from Breakingviews. The first... 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...

O'Neal's future

I'm still not sure what to make of the Stanley O'Neal news. The surprising part is that the Merrill Lynch board was supposed to be in O'Neal's hip pocket. So I guess this is a good sign as far as... Read more...

CalPERS a model for other pensions

CalPERS, the California Public Employees' Retirement System, has been a trendsetter in many ways, in corporate... Read more...

ALSO NOTED: Hedge funds increasingly important to broker-dealers; Wachovia makes corporate governance moves; and much more...

Company News:
> Blackstone Group to sell buildings in San Francisco. Article
>... Read more...

Former top dog at SEC forms a hedge fund

We've discussed at length the number of top executives quitting big firms to start up hedge funds. But a securities regulator? Specifically, former chairman of the Read more...

Pensions don't like Caremark deal

Institutions will obviously no longer sit back and accept deals that they think are unfair. Consider the Iron Workers of Western Pennsylvania Pension Plan and the Louisiana Municipal Police... Read more...

Mack's bonus turns head

The largest bonus ever on Wall Street! The distinction belongs to John Mack, CEO of Morgan Stanley. The stock has fared well under him, and the ship seems righted. The Pequot Capital fiasco seems... Read more...

Goldman Sachs adds director

Rajat Kumar Gupta has been added to the board of Goldman Sachs. The McKinsey consultant will serve on the Audit, Compensation and Corporate... Read more...

Morgan Stanley vs. The New York Times

This is shaping up as one of the more interesting shareholder fights out there. Recall that London-based Read more...

Press Releases

ASSET4 Announces Strategic Relationship With Merrill Lynch

MERRILL LYNCH ACQUIRES GLOBAL LICENSE TO INCORPORATE ASSET4’S INVESTMENT INFORMATION MERRILL LYNCH TAKES MINORITY EQUITY STAKE IN ASSET4 NEW YORK and ZUG, Switzerland.-ASSET4 Ltd, a leading Read more >>

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