Entries tagged "Floyd Norris"
The estimable Floyd Norris does a very gutsy thing: He takes a position on executive comp that runs directly counter to the rest of The New York Times' arguments.
The New York Times' columnist Floyd Norris has some fun at the expense of real estate mogul Donald Trump. Talking about larger-than-life dealmakers, Carl Icahn reportedly is facing huge loses on his Yahoo! Inc. investment, notes DealBook. Continuing the theme of dealmakers, did you know that Ford Motor Co. CEO Alan Mulally is a dealmaker? ClusterStock notes that Mulally is the king of government dealmaking thanks to his years at aerospace and defense giant Boeing Co., explaining why Bill Ford may have wisely hired him a few years ago. - Matthew Wurtzel ...
Goldman, Sachs & Co. vet turned politician Jim Hines ousted Connecticut's last Republican congressional delegate Christopher Shays. (Clusterstock) Although Connecticut ousted Republicans from its congressional caucus and gave President-elect Barack Obama the state's electoral college votes, the wealthiest Fairfield County enclaves where hedge fund managers call home overwhelmingly voted for rival Sen. John McCain. (DealBook) The New York Times' Floyd Norris suggests McCain could blame Treasury Secretary Hank Paulson's inaction in the face of a pending Lehman Brothers Holdings Inc. bankruptcy as the key reason for his loss. (Norris' Blog) The Wall Street Journal's Dennis Berman finds contradictions in...
In Friday's New York Times, Floyd Norris struggles to capture exactly what Merrill Lynch & Co.'s John Thain did this week. Did he panic? Did he capitulate in a sweaty paroxysm of desperation? Did he cave in to fear? Is Thain not having fun anymore, like he seemed to be having at Davos when he spoke to Norris? (Ah, Davos, only six more months to go.) And why won't he return calls? (The fact that Merrill is in a quiet period while it tries to raise $8.5 billion doesn't seem to matter.) Norris does reach beyond Thain's personal state...
