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Saturday, November 21, 
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Entries tagged "Jon Corzine"

Corzine addresses BofA rumors

The rumor mongering about the possibility of Jon Corzine replacing Ken Lewis as CEO of Bank of America has reached a point where the former Goldman Sachs CEO has formally denied them.


Mr. Corzine goes to Charlotte?

New Jersey Gov. Jon Corzine has not even vacated his office in Trenton yet, and the chatter about his next gig is reaching new levels on the blogosphere.


Corzine to return to Wall Street?

After losing a bid for re-election, New Jersey Gov. Jon Corzine is likely to return to Wall Street to replenish his coffers, perhaps with sights on another U.S. Senate run in 2014.


Campaign spending reaches 'Wall St.' proportions

Michael Bloomberg's and Jon Corzine's re-election campaign spending have gone off the charts, becoming an 'economic stimulus of sorts' to the local economies of New York City and New Jersey.


PE a problem for Corzine

Republicans attack Democratic Gov. Jon Corzine for an investment in TPG Capital-Axon as the New Jersey governor's race heats up.


Corzine favors Geithner plan

What Corzine likes about the plan is that the prices for toxic assets will be determined by market participants and the federal guarantees minimize risk for the private investor.


N.J. adds to Lehman litigation load

The Garden State sued a group of former Lehman Brothers executives and directors, alleging that fraud and misleading public statements caused N.J.'s public pension fund to lose at least $118 million.


Will state pension costs bankrupt us?

While the public and politicians rage against Wall Street fat cats, they really should turn their attention to the pension systems that threaten state budgets.


Obama's treasury secretary, chief of staff picks at hand

The rumors about President-elect Barack Obama's administration continue to percolate in both Washington and the greater media as most pundits expect quick movement. Already there are reports that Obama may have a chief of staff, and has narrowed his treasury secretary list down to three candidates. ...


The case for Corzine at Treasury

As the glow of the post-election victory parties wears off, President-elect Barack Obama has little time to waste in picking members of his cabinet given the state of the economy. Reports continue to bubble up that banker-turned-politician Jon Corzine may be top on his list of staffers.  ...


Mr. Corzine goes to Washington, again?

As the election nears, anticipation and speculation about a new treasury secretary, particularly in a Democratic administration, mounts. The prevailing assumption is that within days of the election, the victor, which looks like Barack Obama, will make a choice for Treasury; it would be a little shocking (and even reckless) if the choice hasn't already been made and vetted. This isn't an easy or simple choice. Nearly everyone out there with some expertise in finance also has some degree of culpability. That's certainly the case even with successful previous treasury chiefs under Democratic administrations. Robert Rubin gets to drag around...


N.J. Congressman may join Goldman Sachs

U.S. Rep. Robert Andrews, D-N.J., is talking with Goldman Sachs about going to work for the firm and, who knows, maybe in January he'll report to 85 Broad Street -- assuming he doesn't change his mind and run for governor in 2009....



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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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