Entries tagged "Charles Schumer"
The death of Sen. Ted Kennedy could set off a scramble among Democrats over who will lead the Senate Banking Committee assuming Sen. Chris Dodd leaves.
Bernard Madoff kept his friends close and apparently securities regulators even closer. That may be one answer to why any suspicions about Madoff may have been damped. ...
Speaking at the Securities Industry and Financial Markets Association's Summit on the Troubled Asset Relief Program Monday morning, Sen. Charles Schumer, D-N.Y., discussed the direction he sees regulatory reform going in for the new Congress. Part of that vision appears to include more oversight of private capital players such as hedge funds or buyout shops whose failure could present a systemic threat....
A battle over whether some activist hedge fund managers will be able to continue to sneak up on certain target corporations is being waged in the courts, the Securities and Exchange Commission and now even on Capitol Hill. ...
Analysts have declared that Bank of America Corp. should reduce its offer for Countrywide Financial Corp. considering the target's declining earnings and worsening balance sheet. Now, Sen. Chuck Schumer, D-N.Y., has joined the bandwagon as well, calling for the acquirer to lower its bid. ...
