Entries tagged "California"

Whitman's dealmaking becomes campaign issue

Under attack from opponents, California gubernatorial candidate Meg Whitman defends eBay's failed Skype deal.

Carly Fiorina goes to Washington?

Former HP chief Carly Fiorina declares a run for U.S. Senate to challenge incumbent Democrat Sen. Barbara Boxer.

Three more banks fail, bringing total to 84

Three more banks were seized by the Federal Deposit Insurance Corp. over the weekend, bringing the total to 84 so far this year.

J.P. Morgan bails out California with $1.5B loan

The bank will lend the Golden State $1.5 billion to begin redeeming IOUs a month early.

Roll Call: Big profits for CIT's saviors

A look at some of the must-read news for Wednesday.

Is Phil Angelides the new Ferdinand Pecora?

Nancy Pelosi and Harry Reid finally released the list of names to man what's come to be thought of as their new Pecora hearings into the causes of the financial crisis.

Bank of America starts taking IOUs

Bank of America will be accepting California IOUs as payment as the state's budget impasse grinds on.

California, its municipalities hit the skids

With a $24 billion budget deficit, California certainly seems to be on its way to a major financial crisis. And many of its municipalities are on bankruptcy's precipice, too.

California bill that threatened PE is dead -- for now

The private equity industry may have dodged a bullet after California Assemblyman Alberto Torrico withdrew his Responsible Private Equity Investment Act of 2008 bill (AB 1967), which would have prevented state pension systems from investing in buyout funds partially owned by sovereign wealth funds whose governments have objectionable human rights records....

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