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Saturday, November 21, 
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Entries tagged "Barack Obama"

Bernanke receives Obama's nod

President Obama ended speculation about the future of Federal Reserve Chairman Ben Bernanke by nominating him to a second term.


Obama: U.S. could take path GM drove

President Obama is warning if the government doesn't fix the healthcare system it could share the same fate as GM.


Obama resemblance pays for ex-Morgan staffer

An uncanny resemblance to the president is helping a former J.P. Morgan employee, Michael Lamar, find work in the banking sector.


G-20 agreements surprise some global leaders

Global politicians surprisingly have reached agreements on hot button issues such as tax havens, standards for hedge funds and rating agencies as well as monetary support for the I.M.F.


G-20: Showdown begins under gray London skies

The grim wastelands of east London provide an inauspicious venue for the crisis summit.


60 Minutes Video: Obama on Wall Street bonuses

The president made an appearance on '60 Minutes', discussing America's frustration and disdain for AIG's recent bonuses.


U.S. government: Give me that bonus back!

President Barack Obama wants to block $165 million in bonuses to American International Group Inc. executives.


CEOs' salaries that will be capped under reform

Executives for companies receiving TARP money could be limited to annual salaries of $500,000 under President Obama's new executive compensation reform plan.


Obama may be attempting a Commerce, Senate twofer

Congressional Quarterly reports that President Obama is considering nominating Republican Sen. Judd Gregg of New Hampshire for Commerce secretary.


Shame on you

President Barack Obama said Thursday, it was "shameful" for Wall Street to walk away with $18.4 billion in bonuses last year. "That is the height of irresponsibility," he said.


Is a bad bank good news?

Bank stocks are poised to go higher Wednesday morning as word comes out the Obama administration may take a crack at breaking the credit crisis by creating a bad bank to buy up all the toxic assets clogging up U.S. financial institutions' balance sheets. Federal Deposit Insurance Corp. Chairman Sheila Bair is reportedly pushing for her agency to manage the institution, which would bankroll the effort by selling bonds guaranteed by the FDIC, with a healthy helping of taxpayer funds also likely. ...


Copps named acting FCC chairman

Democratic Commissioner Michael Copps was named acting chairman of the Federal Communications Commission Thursday by President Barack Obama. Copps will lead the agency pending confirmation of nominee Julius Genachowski. Copps, who was a vociferous opponent of Republican efforts to relax media ownership restrictions during the Bush administration, said he was "honored" by the designation. "I thank President Obama for his confidence in me and for this opportunity to serve. I know that I have a truly gifted and terrific team to work with. I pledge every effort I am capable of to help steer the commission through its current...



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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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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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