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Sunday, November 22, 
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Entries tagged "Bush administration"

Bush DOJ antitrust chief to join Chevron

Former Department of Justice antitrust chief during the Bush administration, R. Hewitt Pate, starts as the new general counsel of Chevron on Aug. 3.


Bernanke on the stump

As Federal Reserve Chairman Ben Bernanke's first term slowly winds to a close, he seems to have started what appears to be a campaign-style effort to seek reappointment.


Case challenges constitutionality of recovery plan

Read the headline and mull it over a bit. Is it about the Troubled Asset Relief Program from today or about the National Recovery Administration from 75 years ago?


Kucinich on Kashkari: I didn't mean it

As Neel Kashkari, a Bush holdover at Treasury, prepares for his departure, The Washington Post reveals Rep. Dennis Kucinich's disdain for him was fake.


The correct thinking on Bank of America and life

Some thoughts on Bank of America Corp. (NYSE:BAC) CEO Ken Lewis' forced no-disclosure matter concerning the Merrill Lynch purchase.


Could Citi's troubles make Paulson rethink TARP, again?

As Citigroup Inc.'s shares continue their death spiral, talk of the banking behemoth's cloudy future weighs heavy on Wall Street's collective mind and provides CNBC's talking heads plenty of air time. But what of Treasury Secretary Hank Paulson and his crew? Although two months are left in the Bush administration before President-elect Barack Obama takes the reins in Washington, Paulson announced earlier in the week he will no longer disperse Troubled Asset Relief Plan funds -- in other words he's going on sabbatical until he has to brief his replacement on TARP. However, as the storm clouds around Citi continue...


The Washington Post on Henry Paulson, great man

The debate over Henry Paulson's tenure as treasury secretary heats up with a two-part profile in The Washington Post by David Cho that -- to be kind -- offers the Treasury view of him as both a great man and as a sort of action hero. Reading the two pieces, pondering the beautiful photographs, one comes away with the confirming sense that not only was the White House comatose for most of the crisis, but that other parts of the government seem like bit players as well; even the Fed's Ben Benanke and Tim Geithner make only token appearances in...


Wachovia, Goldman chiefs say $700B not enough

Two of Treasury Secretary Hank Paulson's former colleagues are now two of his biggest critics. When Paulson took the job in the Bush administration, he handed the reigns of Goldman, Sachs & Co. to Lloyd Blankfein, and took to Treasury Goldman alum Bob Steel, now the CEO of Wachovia Corp. Both men do not see eye-to-eye with Paulson's recent strategy shift and size of the Troubled Asset Relief Program....


The Times and Henry Paulson: The first postmortem

Hank Paulson speaks. In The New York Times Thursday, Joe Nocera (nailing those interviews for his book) and Edmund Andrews get an hour with the treasury chief, who, not surprisingly, is a little defensive about his tenure, particularly the event that now appears to be the inflection point of the crisis: the collapse of Lehman Brothers Holdings Inc. The piece is fascinating though, by definition, sketchy. These issues are complex; they're still very close in time -- too close really -- and Paulson remains elusive. ...


White House draws up list of SEC candidates

The White House has put together a short list of candidates to fill openings at the Securities and Exchange Commission, according to The Wall Street Journal....



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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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