The Deal
Wednesday, November 25, 
8:58 am

Entries tagged "Andrew Cuomo"

BofA, Merrill docs to put employees on spot?

Bank of America has finally agreed to fork over papers about its acquisition of Merrill Lynch, and that's likely to put several key dealmakers in the spotlight.


Pay-to-play response threatens smaller PE firms

While New York Attorney General Andrew Cuomo's attempts to clean up after the pay-to-play scandal, the broader issue of how to deal with placement agents has proved a challenging one.


Who's on short list to replace Lewis at BofA?

Bank of America's board had a long list of viable candidates for the corner office.


BofA's Ken Lewis to join other fraudsters?

Bank of America CEO Ken Lewis could join a long line of CEOs that have been charged with civil fraud.


BofA lawyers fire back at Cuomo

Bank of America's outside counsel responds to a letter from the Office of the New York State Attorney General.


Cuomo and BofA in bicep-flexing match

Cuomo's office sent a letter on Tuesday to BofA's outside representation threatening to file charges over the acquisition of Merrill Lynch.


Benmosche bad mouths Cuomo, apologizes (sorta)

There is something rather amusing about Benmosche's forthrightness. He is kind of like a ham-handed politician whose remarks can be rebutted with little but a shake of the head.


Cerberus' troubles shed light on Madoff feeder funds

Problems at Cerberus may provide a rare glimpse into the difficulties facing Bart M. Schwartz, the trustee charged with unwinding funds managed by J. Ezra Merkin.


Cuomo details the ugly side of Wall St. bonuses

New York Attorney General Andrew Cuomo's office took nine months of investigation to conclude that the compensation system for the American banking system is broken. Duh.


BofA soars as markets spring forward

The markets saw a late-day surge as investors digested Bank of America Corp. (NYSE:BAC) CEO Ken Lewis' leaked testimony from New York AG Cuomo's investigation into Merrill bonus payments.


Madoff haunts Merkin from jail

Ezra Merkin gets slapped with an indictment and a lawsuit from Mort Zuckerman on the same day.


Bank Watch: Lewis says BofA to pass stress test

Bank of America Corp.'s stock is slightly up after CEO Ken Lewis said it would be a "nightmare" for U.S. banks to be nationalized and the bank would pass the stress test.



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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